Friday, February 23, 2007

Pierce County Five-Year Industry Employment Change

Pierce County Five-Year Percentage Decline in Employment

The Auto parts, accessories, and tire stores industry has seen the largest percentage drop in employment, losing 58 percent of the jobs from 2001 to 2006. These have declined faster than the industry sector has felt in the State of Georgia, where the it saw a gain of 1.1 percent. The losses in the Auto parts, accessories, and tire stores industry in Pierce County outpaced the United States industry losses overall. During this period, the United States lost 0.8 percent in terms of employment in the Auto parts, accessories, and tire stores industry.

Top 5 Industries
1. Auto parts, accessories, and tire stores (58 percent decline)
2. Building foundation and exterior contractors (54.4 percent decline)
3. Household and institutional furniture mfg. (50 percent decline)
4. Depository credit intermediation (45.5 percent decline)
5. Nonresidential building construction (23.3 percent decline)

Total industry employment has increased by 7.6 percent from 2001 (2nd Quarter). These figures are greater than growth in the State of Georgia, which went through a gain of 3.3 percent from the 2nd Quarter of 2001. The gains in the area were greater than than the gain felt at the national level of 2.6 percent.

Pierce County Five-Year Percentage Growth in Employment

The Other miscellaneous store retailers industry has experienced the largest percentage growth, expanding by 114.3 percent from the 2nd quarter of 2001 to the 2nd quarter of 2006. This industry sector in Pierce County has added employment faster than the overall industry growth seen in the State of Georgia, where the industry felt a loss of 5.1 percent. The Other miscellaneous store retailers industry in Pierce County outpaced the US in terms of percent growth of industry employment. During this period, the US lost 1.5 percent of the employment in this industry.

Top 5 Industries
1. Other miscellaneous store retailers (114.3 percent gain)
2. Residential building construction (82.5 percent gain)
3. Building equipment contractors (66.1 percent gain)
4. Building finishing contractors (62.7 percent gain)
5. Legal services (24.1 percent gain)

Total Five-Year Employment Growth in Pierce County

Out of the 4-digit NAICS industries, the Building equipment contractors industry has accounted the most employment growth with a total of 54 jobs added during the time period. These new jobs in the Building equipment contractors industry makes up 45.0 percent of the growth in Pierce County.

Top 5 Industries
1. Building equipment contractors (54 new jobs)
2. Residential building construction (22 new jobs)
3. Building finishing contractors (12 new jobs)
4. Machinery and supply merchant wholesalers (11 new jobs)
5. Child day care services (9 new jobs)

Total Five-Year Employment Decline in Pierce County

From of the area's 4-digit NAICS industries, the Depository credit intermediation industry faced the greatest employment loss with a total loss of 61 jobs during the period. The employment lost in the Depository credit intermediation industry make up 37.0 percent of the jobs lost during the period in Pierce County, Georgia.

Top 5 Industries
1. Depository credit intermediation (61 jobs lost)
2. Auto parts, accessories, and tire stores (28 jobs lost)
3. Building foundation and exterior contractors (27 jobs lost)
4. Gasoline stations (12 jobs lost)
5. Household and institutional furniture mfg. (12 jobs lost)

From the 17 industries with industry data reported by the BLS in each quarter, 8 showed an escalation in the number employed, while 9 industries reported employment loss in the period.

In Pierce County, Georgia, the total number of jobs throughout all industries has increased by 229 total jobs between the 2nd Quarter of 2001 and 2nd Quarter of 2006.





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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