Friday, February 23, 2007

Powell County Five-Year Industry Employment Change

Total employment has increased by 12.2 percent since the 2nd Quarter figures of 2001. This change is less than percent in the State of Montana, experiencing a gain of 12.9 percent from 2001 (2nd Quarter). The gains felt were greater than than the gain experienced overall in the US of 2.6 percent.

Powell County Five-Year Percentage Growth in Employment

The Logging industry has experienced the largest percentage growth, expanding by 183.6 percent from the 2001 (Q2) to the 2006 (Q2). This industry in Powell County has increased employment faster than the industry job growth experienced in Montana, where this industry saw a gain of 2.2 percent. The Logging industry in Powell County outpaced the United States, which experienced a lost 10.8 percent in this industry.

Top 3 Industries
1. Logging (183.6 percent gain)
2. Building equipment contractors (58.8 percent gain)
3. Full-service restaurants (30.1 percent gain)

Powell County Five-Year Percentage Decline in Employment

The Limited-service eating places industry has lost the largest percent of jobs, losing 68 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 experienced in the State of Montana, where the industry reported a gain of 16.1 percent. The losses in the Limited-service eating places industry in Powell County outpaced the losses of nation as a whole in the industry. In this time period, the nation gained 13.9 percent in terms of employees in the Limited-service eating places industry.

Top 2 Industries
1. Limited-service eating places (68 percent decline)
2. Drinking places, alcoholic beverages (34.9 percent decline)

Total Five-Year Employment Growth in Powell County

From the industries (4-digit NAICS) in the area, the Logging industry has accounted the most employment growth with a total of 37 jobs added during the time period. These new jobs in the Logging industry makes up 59.3 percent of the total growth in Powell County.

Top 2 Industries
1. Logging (37 new jobs)
2. Full-service restaurants (22 new jobs)

In Powell County, Montana, the total number of workers for all sectors has increased by 128 jobs between mid-2001 and mid-2006.

From the 5 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 2 showed an escalation in the number employed, while 3 industry sectors reported declines during the time period.

Total Five-Year Employment Decline in Powell County

The Limited-service eating places industry witnessed the largest drop in employment, losing a total of 28 jobs during the period. The employment lost in the Limited-service eating places industry make up 64.3 percent of the total employment decline in Powell County, Montana.

Top 3 Industries
1. Limited-service eating places (28 jobs lost)
2. Drinking places, alcoholic beverages (15 jobs lost)
3. Legal services (3 jobs lost)





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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