Saturday, February 24, 2007

Menominee County Five-Year Industry Employment Change

Menominee County Five-Year Percentage Growth in Employment

The Electronic markets and agents and brokers industry has gone through the largest job growth by percent, increasing by 391.8 percent from 2001 to 2006. This industry in Menominee County has grow faster than the growth seen in the industry for Michigan, where the industry took a loss of 11 percent. The Electronic markets and agents and brokers industry in Menominee County outpaced the United States, which experienced a gained 29.2 percent in this industry.

Top 5 Industries
1. Electronic markets and agents and brokers (391.8 percent gain)
2. Automotive repair and maintenance (55.1 percent gain)
3. Full-service restaurants (48.3 percent gain)
4. Commercial machinery repair and maintenance (47.8 percent gain)
5. Gasoline stations (43.1 percent gain)

Menominee County Five-Year Percentage Decline in Employment

The Machinery and supply merchant wholesalers industry has lost the largest amount of employment in terms of percentage, losing 57.7 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 has seen in the Michigan, where the industry sector experienced a loss of 10.6 percent. The losses in the Machinery and supply merchant wholesalers industry in Menominee County outpaced the United States in terms of percentage decline of industry employment. In this period, the United States lost 4 percent in terms of employees in the Machinery and supply merchant wholesalers industry.

Top 5 Industries
1. Machinery and supply merchant wholesalers (57.7 percent decline)
2. Household and institutional furniture mfg. (47.6 percent decline)
3. Other miscellaneous store retailers (42.9 percent decline)
4. Drinking places, alcoholic beverages (40.3 percent decline)
5. Lessors of real estate (37.5 percent decline)

Total employment has decreased by 13.1 percent since the 2nd Quarter of 2001. This is greater than growth in Michigan, experiencing a loss of -5.7 percent since the 2nd Quarter of 2001. The losses in the area were greater than than the gain felt at the national level of 2.6 percent.

Total Five-Year Employment Decline in Menominee County

From of the area's 4-digit NAICS industries, the Household and institutional furniture mfg. industry has lost the most employment with a total loss of 266 jobs during the period. The employment lost in the Household and institutional furniture mfg. industry make up 54.1 percent of the jobs lost during the period in Menominee County, Michigan.

Top 5 Industries
1. Household and institutional furniture mfg. (266 jobs lost)
2. Machinery and supply merchant wholesalers (108 jobs lost)
3. Other miscellaneous store retailers (28 jobs lost)
4. General freight trucking (22 jobs lost)
5. Drinking places, alcoholic beverages (19 jobs lost)

From the 28 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 13 showed an escalation in the number employed, while 15 industry sectors accounting for employment declines during that time period.

In Menominee County, Michigan, the aggregate employment for all industry sectors has decreased by 871 jobs from mid-2001 to mid-2006.

Total Five-Year Employment Growth in Menominee County

Of the industries (4-digit NAICS) in the area, the Electronic markets and agents and brokers industry has added the most employment with 95 new jobs created in the period. The job growth in the Electronic markets and agents and brokers industry makes up 25.9 percent of the total growth in Menominee County.

Top 5 Industries
1. Electronic markets and agents and brokers (95 new jobs)
2. Full-service restaurants (86 new jobs)
3. Gasoline stations (37 new jobs)
4. Machine shops and threaded product mfg. (36 new jobs)
5. Sawmills and wood preservation (27 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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