Thursday, January 11, 2007

Columbia One-Year Industry Employment Change

Total employment has increased by 2.5 percent from 2005 (2nd Quarter). These figures are greater than growth in Missouri, which experienced a gain of 1.6 percent from 2005 (2nd Quarter). The gains the area experienced were greater than than the gain reported at the US level of 2 percent.

The Columbia Metro Area: One-Year Percentage Growth in Employment

The Other personal services industry has seen the largest percentage job growth, expanding by 163.6 percent from 2005 to 2006. This industry in Columbia has expanded faster than the growth seen in the industry for Missouri, where the industry felt a loss of 0.7 percent. The Other personal services industry in Columbia outpaced the nation in terms of industry employment growth . During this period, the nation gained 1 percent of the industry employment.

Top 5 Industries
1. Other personal services (163.6 percent gain)
2. Sporting goods and musical instrument stores (58.6 percent gain)
3. Business, computer and management training (50.0 percent gain)
4. Advertising and related services (30.1 percent gain)
5. Machinery and equipment rental and leasing (25.8 percent gain)

The Columbia Metro Area: One-Year Percentage Decline in Employment

The Employment services industry has lost the largest percent of jobs, losing 45 percent from 2005 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry has seen in the Missouri, where the industry reported a gain of 4.6 percent. The losses in the Employment services industry in Columbia outpaced the United States in terms of percentage decline of industry employment. In this period, the United States gained 3.1 in percent of jobs in the Employment services industry.

Top 5 Industries
1. Employment services (45 percent decline)
2. Travel arrangement and reservation services (42.4 percent decline)
3. Activities related to credit intermediation (31.9 percent decline)
4. Promoters of performing arts and sports (30.8 percent decline)
5. Beer, wine, and liquor stores (29.9 percent decline)

Total One-Year Employment Decline in the Columbia Metro Area

Given the industries in the area, the Employment services industry experienced most substantial job loss, losing 795 jobs. The declines in the Employment services industry make up 64.2 percent of the total job loss in Columbia, MO.

Top 5 Industries
1. Employment services (795 jobs lost)
2. Department stores (70 jobs lost)
3. Activities related to credit intermediation (59 jobs lost)
4. Other general merchandise stores (49 jobs lost)
5. Highway, street, and bridge construction (43 jobs lost)

In the Columbia, MO metro area, the entire sum of jobs in all of the industries has increased by 1,438 total jobs between the 2nd Quarter of 2005 and 2nd Quarter of 2006.

Of the 65 industries with industry data reported by the BLS in each quarter, 24 showed an escalation in the number employed, while 41 industry sectors reported declines during the time period.

Total One-Year Employment Growth in the Columbia Metro Area

Out of the 4-digit NAICS industries, the Full-service restaurants industry has added the most employment with 210 new jobs created in the period. The job growth in the Full-service restaurants industry makes up 16.4 percent of the growth in Columbia.

Top 5 Industries
1. Full-service restaurants (210 new jobs)
2. Sporting goods and musical instrument stores (191 new jobs)
3. Gasoline stations (121 new jobs)
4. Other personal services (114 new jobs)
5. Child day care services (71 new jobs)





About: This report is part 1 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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