Bay County Five-Year Percentage Decline in EmploymentThe
Chemical merchant wholesalers industry has lost the biggest percent of jobs, losing 93.9 percent from 2001 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry has experienced in the State of Florida, where the it saw a loss of 9.4 percent. The losses in the
Chemical merchant wholesalers industry in Bay County outpaced the losses of nation as a whole in the industry. In this time period, the nation lost 2.8 in percent of jobs in the
Chemical merchant wholesalers industry.
Top 5 Industries 1. Chemical merchant wholesalers (93.9 percent decline)
2. Support activities for water transportation (83.3 percent decline)
3. Petroleum merchant wholesalers (79.5 percent decline)
4. Book, periodical, and music stores (58.6 percent decline)
5. Used merchandise stores (58 percent decline)
Total industry employment has increased by 17.1 percent from the reported values in 2001. These values are greater than percent in Florida, which went through a gain of 11.8 percent since 2001 ( 2nd Quarter). The gains felt were greater than than the gain reported at the US level of 2.6 percent.
Bay County Five-Year Percentage Growth in EmploymentThe
Unclassified industry has experienced the largest percentage growth, expanding by 1630.0 percent from the 2001 (Q2) to the 2006 (Q2). This industry in Bay County has grow faster than the industry job growth experienced in Florida, where it saw a gain of 304 percent. The
Unclassified industry in Bay County outpaced the nation in terms of industry employment growth . During this period, the nation gained 1.7 percent of the employment in this industry.
Top 5 Industries 1. Unclassified (1630.0 percent gain)
2. Nondepository credit intermediation (1191.0 percent gain)
3. Land subdivision (537.1 percent gain)
4. Office administrative services (446.4 percent gain)
5. Support activities for road transportation (300.0 percent gain)
Total Five-Year Employment Decline in Bay CountyGiven the industries in the area, the
Clothing stores industry witnessed the largest drop in employment, losing a total of 384 jobs during the period. The employment lost in the
Clothing stores industry make up 15.6 percent of the employment lost during the period in Bay County, Florida.
Top 5 Industries 1. Clothing stores (384 jobs lost)
2. Gasoline stations (291 jobs lost)
3. Chemical merchant wholesalers (265 jobs lost)
4. Insurance carriers (182 jobs lost)
5. Management of companies and enterprises (158 jobs lost)
Total Five-Year Employment Growth in Bay CountyFrom the industries (4-digit NAICS) in the area, the
Nondepository credit intermediation industry has added the most employment with 1,235 employees finding new jobs in the industry. The employment growth in the
Nondepository credit intermediation industry makes up 10.1 percent of the total growth in Bay County.
Top 5 Industries 1. Nondepository credit intermediation (1,235 new jobs)
2. Building foundation and exterior contractors (1,109 new jobs)
3. Architectural and engineering services (695 new jobs)
4. Full-service restaurants (639 new jobs)
5. Building finishing contractors (577 new jobs)
In Bay County, Florida, the entire sum of jobs in all industries overall has increased by 8,909 jobs from mid-2001 to mid-2006.
From the 111 4-digit NAICS industries, 39 described an expansion of jobs throughout the time period, while 72 industries reported a drop in employment.
About: This report is part 2 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.