Friday, February 23, 2007

Monroe County Five-Year Industry Employment Change

Monroe County Five-Year Percentage Decline in Employment

The Full-service restaurants industry has lost the biggest percent of jobs, losing 25.5 percent from 2001 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry sector has gone through in the Iowa, where the industry sector experienced a gain of 16.5 percent. The losses in the Full-service restaurants industry in Monroe County outpaced the losses of nation as a whole in the industry. In this time period, the nation gained 13.2 percent in terms of employees in the Full-service restaurants industry.

Top 3 Industries
1. Full-service restaurants (25.5 percent decline)
2. Legal services (20 percent decline)
3. Grocery stores (6.9 percent decline)

Employment for all industries has decreased by 8.1 percent from 2001 (2nd Quarter). These figures are greater than percent in the State of Iowa, which saw a gain of 2.5 percent since the 2nd Quarter of 2001. The losses the area experienced were greater than than the gain reported at the US level of 2.6 percent.

Monroe County Five-Year Percentage Growth in Employment

The Other specialty trade contractors industry has seen the largest percentage job growth, expanding by 300.0 percent from the 2nd quarter of 2001 to the 2nd quarter of 2006. This industry sector in Monroe County has added employment faster than the growth seen in the industry for Iowa, where it saw a gain of 31.9 percent. The Other specialty trade contractors industry in Monroe County outpaced the US in terms of percent growth of industry employment. During this period, the US gained 22.3 percent of the employment in this industry.

Top 5 Industries
1. Other specialty trade contractors (300.0 percent gain)
2. Building foundation and exterior contractors (67.7 percent gain)
3. Drinking places, alcoholic beverages (43.2 percent gain)
4. Gasoline stations (37.4 percent gain)
5. Other miscellaneous store retailers (24.1 percent gain)

Total Five-Year Employment Decline in Monroe County

The Full-service restaurants industry experienced most substantial job loss, losing 16 jobs during the period. The employment lost in the Full-service restaurants industry make up 64.0 percent of the total employment decline in Monroe County, Iowa.

Top 5 Industries
1. Full-service restaurants (16 jobs lost)
2. Grocery stores (8 jobs lost)
3. Farm product raw material merch. whls. (28 jobs lost)
4. Newspaper, book, and directory publishers (12 jobs lost)
5. Automobile dealers (10 jobs lost)

Out of the 13 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 4 accounted an for increase in employment during the period and 9 industries reported employment loss in the period.

In Monroe County, Iowa, the aggregate employment for all industry sectors has decreased by 206 jobs between mid-2001 and mid-2006.

Total Five-Year Employment Growth in Monroe County

The Gasoline stations industry has added the most employment with 23 employees finding new jobs in the industry. The employment growth in the Gasoline stations industry makes up 40.2 percent of the growth in Monroe County.

Top 4 Industries
1. Gasoline stations (23 new jobs)
2. Other specialty trade contractors (15 new jobs)
3. Building foundation and exterior contractors (7 new jobs)
4. Drinking places, alcoholic beverages (5 new jobs)





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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