Friday, February 23, 2007

Pinellas County Five-Year Industry Employment Change

Total Five-Year Employment Decline in Pinellas County

From of the area's 4-digit NAICS industries, the Employment services industry faced the greatest employment loss with a total loss of 11,109 jobs. The declines in the Employment services industry make up 25.2 percent of the employment lost during the period in Pinellas County, Florida.

Top 5 Industries
1. Employment services (11,109 jobs lost)
2. Department stores (2,520 jobs lost)
3. Wired telecommunications carriers (2,388 jobs lost)
4. Business support services (2,277 jobs lost)
5. Commercial equip. merchant wholesalers (1,913 jobs lost)

Total Five-Year Employment Growth in Pinellas County

Out of the 4-digit NAICS industries, the Activities related to credit intermediation industry has brought the most jobs with a total of 3,005 new jobs created in the period. The job growth in the Activities related to credit intermediation industry makes up 7.0 percent of the total employment growth in Pinellas County.

Top 5 Industries
1. Activities related to credit intermediation (3,005 new jobs)
2. Full-service restaurants (2,827 new jobs)
3. Other general merchandise stores (2,091 new jobs)
4. Building equipment contractors (1,724 new jobs)
5. Building foundation and exterior contractors (1,409 new jobs)

In Pinellas County, Florida, the entire sum of jobs in all industries overall has decreased by 3,607 total jobs between the 2nd Quarter of 2001 and 2nd Quarter of 2006.

Of the 208 industries with industry data reported by the BLS in each quarter, 93 reported job growth in the duration of the last five years and 115 industry sectors reported declines during the time period.

Pinellas County Five-Year Percentage Decline in Employment

The Other ground passenger transportation industry has lost the largest percent of jobs, losing 90 percent from 2001 (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 felt a gain of 4.6 percent. The losses in the Other ground passenger transportation industry in Pinellas County outpaced the losses of nation as a whole in the industry. In this time period, the nation gained 22.9 percent in terms of employees in the Other ground passenger transportation industry.

Top 5 Industries
1. Other ground passenger transportation (90 percent decline)
2. Telecommunications resellers (82.6 percent decline)
3. Support activities for crop production (77.5 percent decline)
4. Emergency and other relief services (73.2 percent decline)
5. Other residential care facilities (72.1 percent decline)

Pinellas County Five-Year Percentage Growth in Employment

The Independent artists, writers, and performers industry has experienced the largest percentage growth, expanding by 490.1 percent from the 2nd quarter of 2001 to the 2nd quarter of 2006. This industry sector in Pinellas County has expanded faster than the industry job growth experienced in Florida, where it saw a gain of 105.3 percent. The Independent artists, writers, and performers industry in Pinellas County outpaced the United States, which experienced a gained 26.9 percent of the employment in this industry.

Top 5 Industries
1. Independent artists, writers, and performers (490.1 percent gain)
2. Activities related to credit intermediation (307.6 percent gain)
3. Remediation and other waste services (271.4 percent gain)
4. Machinery and equipment rental and leasing (215.5 percent gain)
5. Electronic equipment repair and maintenance (211.8 percent gain)

The total number of jobs has decreased by 0.9 percent since the 2nd Quarter of 2001. This is greater than growth in Florida, which went through a gain of 11.8 percent from 2001 (2nd Quarter). The losses in the area were greater than than the gain experienced overall in the US of 2.6 percent.





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.

 

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