Friday, February 23, 2007

Lake County Five-Year Industry Employment Change

In Lake County, Indiana, the total number of workers for all sectors has decreased by 2,096 jobs from mid-2001 to mid-2006.

Total Five-Year Employment Growth in Lake County

The Offices of physicians industry has brought the most jobs with a total of 1,039 new jobs created in the period. The job growth in the Offices of physicians industry makes up 9.0 percent of the total number of new jobs in Lake County.

Top 5 Industries
1. Offices of physicians (1,039 new jobs)
2. Medical and diagnostic laboratories (699 new jobs)
3. Full-service restaurants (653 new jobs)
4. Limited-service eating places (620 new jobs)
5. General freight trucking (534 new jobs)

Total Five-Year Employment Decline in Lake County

The Iron and steel mills and ferroalloy mfg. industry witnessed the largest drop in employment, losing a total of 5,762 jobs. The declines in the Iron and steel mills and ferroalloy mfg. industry make up 41.0 percent of the total job loss in Lake County, Indiana.

Top 5 Industries
1. Iron and steel mills and ferroalloy mfg. (5,762 jobs lost)
2. Gambling industries (1,063 jobs lost)
3. Gasoline stations (723 jobs lost)
4. Metal and mineral merchant wholesalers (498 jobs lost)
5. Business support services (422 jobs lost)

Out of the 151 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 69 reported job growth in the duration of the last five years and 82 industries reported employment loss in the period.

Lake County Five-Year Percentage Growth in Employment

The Medical and diagnostic laboratories industry has seen the largest percentage job growth, expanding by 1023.4 percent from 2001 to 2006. This industry in Lake County has expanded faster than the industry job growth experienced in Indiana, where this industry saw a gain of 11 percent. The Medical and diagnostic laboratories industry in Lake County outpaced the nation in terms of industry employment growth . During this period, the nation gained 20.3 percent in this industry.

Top 5 Industries
1. Medical and diagnostic laboratories (1023.4 percent gain)
2. Social advocacy organizations (271.4 percent gain)
3. Unclassified (257.1 percent gain)
4. Furniture and furnishing merchant wholesalers (167.8 percent gain)
5. Motor vehicle parts manufacturing (155.8 percent gain)

Lake County Five-Year Percentage Decline in Employment

The Data processing and related services industry has seen the largest percentage drop in employment, losing 91.3 percent from 2001 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry sector has gone through in the Indiana, where the industry reported a loss of 26.6 percent. The losses in the Data processing and related services industry in Lake County outpaced the losses of nation as a whole in the industry. In this time period, the nation lost 16.8 percent in terms of employees in the Data processing and related services industry.

Top 5 Industries
1. Data processing and related services (91.3 percent decline)
2. Metalworking machinery manufacturing (63.1 percent decline)
3. Office furniture and fixtures manufacturing (60.4 percent decline)
4. Other personal services (54.9 percent decline)
5. Misc. nondurable goods merchant wholesalers (49.2 percent decline)

The total number of jobs has decreased by 1.2 percent since the 2nd Quarter of 2001. This is greater than percent in the State of Indiana, which saw a loss of -0.2 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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