Wednesday, January 10, 2007

Charlotte County One-Year Industry Employment Change

Employment for all industries has increased by 11 percent from the reported values in 2005. These values are greater than growth in the State of Florida, experiencing a gain of 3.2 percent from 2005 (2nd Quarter). The gains in the area were greater than than the gain experienced overall in the US of 2.0 percent.

Charlotte County One-Year Percentage Decline in Employment

The Civic and social organizations industry has lost the biggest percent of jobs, losing 73.6 percent from 2005 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry sector has felt in the State of Florida, where the industry reported a loss of 2.4 percent. The losses in the Civic and social organizations industry in Charlotte County outpaced the United States in terms of percentage decline of industry employment. In this period, the United States gained 0.1 in percent of jobs in the Civic and social organizations industry.

Top 5 Industries
1. Civic and social organizations (73.6 percent decline)
2. Fruit and tree nut farming (44.4 percent decline)
3. Commercial equip. merchant wholesalers (35.7 percent decline)
4. Nursing care facilities (31.8 percent decline)
5. Scientific research and development services (27.8 percent decline)

Charlotte County One-Year Percentage Growth in Employment

The Special food services industry has gone through the largest job growth by percent, increasing by 177.1 percent from the 2nd quarter of 2005 to the 2nd quarter of 2006. This industry sector in Charlotte County has added employment faster than the industry has grown in the State of Florida, where the industry took a loss of 1.1 percent. The Special food services industry in Charlotte County outpaced the US in terms of percent growth of industry employment. During this period, the US gained 1.6 percent of the industry employment.

Top 5 Industries
1. Special food services (177.1 percent gain)
2. Other personal services (133.3 percent gain)
3. Unclassified (72.1 percent gain)
4. Commercial machinery repair and maintenance (69.4 percent gain)
5. Furniture stores (61.0 percent gain)

In Charlotte County, Florida, the total number of workers for all sectors has increased by 3,749 total jobs between the 2nd Quarter of 2005 and 2nd Quarter of 2006.

Total One-Year Employment Decline in Charlotte County

Of the area's industries (4-digit NAICS), the Nursing care facilities industry faced the greatest employment loss with a total loss of 581 jobs during the period. The employment lost in the Nursing care facilities industry make up 46.8 percent of the total employment decline in Charlotte County, Florida.

Top 5 Industries
1. Nursing care facilities (581 jobs lost)
2. Civic and social organizations (156 jobs lost)
3. Building foundation and exterior contractors (151 jobs lost)
4. Fruit and tree nut farming (112 jobs lost)
5. Accounting and bookkeeping services (39 jobs lost)

Total One-Year Employment Growth in Charlotte County

From the industries (4-digit NAICS) in the area, the Full-service restaurants industry has brought the most jobs with a total of 369 new jobs created in the period. The job growth in the Full-service restaurants industry makes up 9.6 percent of the total growth in Charlotte County.

Top 5 Industries
1. Full-service restaurants (369 new jobs)
2. Residential building construction (213 new jobs)
3. Depository credit intermediation (213 new jobs)
4. Building equipment contractors (211 new jobs)
5. Clothing stores (163 new jobs)

Given the 110 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 34 reported job growth in the duration of the year and 76 industry sectors accounting for employment declines during that time period.





About: This report is part 1 of 6 in the eCanned.com Industry Analysis Series.

Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW). Private Sector Employment Only.

 

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