Total Five-Year Employment Decline in Lake CountyThe
Insurance carriers industry faced the greatest employment loss with a total loss of 3,516 jobs in that time period. The declines in the
Insurance carriers industry make up 15.6 percent of the total employment decline in Lake County, Illinois.
Top 5 Industries 1. Insurance carriers (3,516 jobs lost)
2. Electric goods merchant wholesalers (3,046 jobs lost)
3. Business support services (2,424 jobs lost)
4. Commercial equip. merchant wholesalers (895 jobs lost)
5. Semiconductor and electronic component mfg. (838 jobs lost)
Total Five-Year Employment Growth in Lake CountyOut of the 4-digit NAICS industries, the
Management of companies and enterprises industry has grown the most with 3,650 employees finding new jobs in the industry. The employment growth in the
Management of companies and enterprises industry makes up 10.6 percent of the total employment growth in Lake County.
Top 5 Industries 1. Management of companies and enterprises (3,650 new jobs)
2. Full-service restaurants (2,015 new jobs)
3. Services to buildings and dwellings (1,689 new jobs)
4. Nondepository credit intermediation (1,450 new jobs)
5. Insurance agencies, brokerages, and related (1,292 new jobs)
In Lake County, Illinois, the entire sum of jobs in all industries overall has increased by 9,225 jobs between mid-2001 and mid-2006.
Of the 189 industries with industry data reported by the BLS in each quarter, 75 described an expansion of jobs throughout the time period, while 114 industry sectors accounting for employment declines during that time period.
Lake County Five-Year Percentage Growth in EmploymentThe
Insurance and employee benefit funds industry has gone through the largest job growth by percent, increasing by 1562.0 percent from 2001 to 2006. This industry in Lake County has expanded faster than the industry has grown in the State of Illinois, where the industry felt a gain of 48 percent. The
Insurance and employee benefit funds industry in Lake County outpaced the United States, which experienced a lost 0.5 percent.
Top 5 Industries 1. Insurance and employee benefit funds (1562.0 percent gain)
2. Cut and sew apparel manufacturing (350.0 percent gain)
3. Waste treatment and disposal (238.4 percent gain)
4. Home health care services (220.4 percent gain)
5. Direct selling establishments (130.3 percent gain)
Employment for all industries has increased by 3.3 percent since the 2nd Quarter of 2001. This is less than growth in Illinois, experiencing a loss of -1.8 percent since 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.
Lake County Five-Year Percentage Decline in EmploymentThe
Business support services industry has lost the largest amount of employment in terms of percentage, losing 77.6 percent of the jobs from 2001 to 2006. These have declined faster than the industry sector has gone through in the Illinois, where the it saw a loss of 9.6 percent. The losses in the
Business support services industry in Lake County outpaced the losses of nation as a whole in the industry. In this time period, the nation gained 0.8 percent in terms of employment in the
Business support services industry.
Top 5 Industries 1. Business support services (77.6 percent decline)
2. Fabric mills (75.7 percent decline)
3. Electric goods merchant wholesalers (61.7 percent decline)
4. Software publishers (58.3 percent decline)
5. HVAC and commercial refrigeration equipment (56.6 percent decline)
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.