Saturday, February 24, 2007

Lapeer County Five-Year Industry Employment Change

Total Five-Year Employment Decline in Lapeer County

Given the industries in the area, the Grocery stores industry faced the greatest employment loss with a total loss of 228 jobs during the time period. The jobs lost in the Grocery stores industry make up 17.9 percent of the total employment decline in Lapeer County, Michigan.

Top 5 Industries
1. Grocery stores (228 jobs lost)
2. Motor vehicle parts manufacturing (189 jobs lost)
3. Residential building construction (86 jobs lost)
4. Automobile dealers (82 jobs lost)
5. Building equipment contractors (78 jobs lost)

Of the 74 industries with industry data reported by the BLS in each quarter, 33 described an expansion of jobs throughout the time period, while 39 industry sectors reported declines during the time period.

In Lapeer County, Michigan, the aggregate employment for all industry sectors has decreased by 500 jobs between mid-2001 and mid-2006.

Total Five-Year Employment Growth in Lapeer County

The Machine shops and threaded product mfg. industry has brought the most jobs with a total of 182 employees finding new jobs in the industry. The employment growth in the Machine shops and threaded product mfg. industry makes up 11.6 percent of the total number of new jobs in Lapeer County.

Top 5 Industries
1. Machine shops and threaded product mfg. (182 new jobs)
2. Metalworking machinery manufacturing (171 new jobs)
3. Building material and supplies dealers (145 new jobs)
4. Insurance carriers (130 new jobs)
5. Coating, engraving, and heat treating metals (114 new jobs)

Total industry employment has decreased by 2.8 percent since the 2nd Quarter figures of 2001. This change is less than percent in the State of Michigan, which went through a loss of -5.7 percent since the 2nd Quarter of 2001. The losses were greater than than the gain felt at the national level of 2.6 percent.

Lapeer County Five-Year Percentage Growth in Employment

The Insurance carriers industry has experienced the largest percentage growth, expanding by 884.1 percent from 2001 (2nd quarter) to 2006 (2nd quarter). This industry sector in Lapeer County has expanded faster than the overall industry growth seen in the State of Michigan, where the industry felt a loss of 6.7 percent. The Insurance carriers industry in Lapeer County outpaced the US in terms of percent growth of industry employment. During this period, the US lost 3.3 percent of the industry employment.

Top 5 Industries
1. Insurance carriers (884.1 percent gain)
2. Greenhouse and nursery production (153.9 percent gain)
3. Offices of real estate agents and brokers (152.1 percent gain)
4. Metalworking machinery manufacturing (81.7 percent gain)
5. Other miscellaneous manufacturing (77.3 percent gain)

Lapeer County Five-Year Percentage Decline in Employment

The Private households industry has lost the largest amount of employment in terms of percentage, losing 56.3 percent of the jobs from the 2nd quarter of 2001 to 2nd quarter of 2006. The losses of the area have declined faster than the industry sector has felt in the State of Michigan, where the industry sector experienced a gain of 13 percent. The losses in the Private households industry in Lapeer County outpaced the US in terms of percent of decline of industry employment. The US gained 19.8 percent in terms of employment in the Private households industry.

Top 5 Industries
1. Private households (56.3 percent decline)
2. Utility system construction (53.7 percent decline)
3. Grocery stores (46.5 percent decline)
4. Residential building construction (42.4 percent decline)
5. Machinery and supply merchant wholesalers (40.4 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.

 

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