Friday, February 23, 2007

Silver Bow County Five-Year Industry Employment Change

Total Five-Year Employment Decline in Silver Bow County

Of the area's industries (4-digit NAICS), the Full-service restaurants industry faced the greatest employment loss with a total loss of 189 jobs during the time period. The jobs lost in the Full-service restaurants industry make up 21.7 percent of the employment lost during the period in Silver Bow County, Montana.

Top 5 Industries
1. Full-service restaurants (189 jobs lost)
2. Business support services (177 jobs lost)
3. Grocery stores (114 jobs lost)
4. Nursing care facilities (72 jobs lost)
5. Investigation and security services (56 jobs lost)

Total Five-Year Employment Growth in Silver Bow County

Out of the 4-digit NAICS industries, the Home health care services industry has accounted the most employment growth with a total of 228 jobs added during the time period. These new jobs in the Home health care services industry makes up 16.6 percent of the total growth in Silver Bow County.

Top 5 Industries
1. Home health care services (228 new jobs)
2. Limited-service eating places (179 new jobs)
3. Gambling industries (166 new jobs)
4. Other specialty trade contractors (78 new jobs)
5. Traveler accommodation (70 new jobs)

In Silver Bow County, Montana, the total number of jobs throughout all industries has increased by 1,639 total jobs from 2001 to 2006.

Of the 65 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 23 reported job growth in the duration of the last five years and 42 industry sectors accounting for employment declines during that time period.

Silver Bow County Five-Year Percentage Growth in Employment

The Home health care services industry has gone through the largest job growth by percent, increasing by 514.3 percent from the 2001 (Q2) to the 2006 (Q2). This industry in Silver Bow County has expanded faster than the overall industry growth seen in the State of Montana, where this industry saw a gain of 14 percent. The Home health care services industry in Silver Bow County outpaced the nation in terms of industry employment growth . During this period, the nation gained 36.8 percent in this industry.

Top 5 Industries
1. Home health care services (514.3 percent gain)
2. Residential building construction (171.3 percent gain)
3. Book, periodical, and music stores (153.8 percent gain)
4. Insurance agencies, brokerages, and related (152.2 percent gain)
5. Office supplies, stationery, and gift stores (145.6 percent gain)

Silver Bow County Five-Year Percentage Decline in Employment

The Business support services industry has lost the largest percent of jobs, losing 83.7 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 sector has gone through in the Montana, where the it saw a gain of 13.4 percent. The losses in the Business support services industry in Silver Bow County outpaced the losses of nation as a whole in the industry. In this time period, the nation gained 0.8 percent in terms of employees in the Business support services industry.

Top 5 Industries
1. Business support services (83.7 percent decline)
2. Private households (76.6 percent decline)
3. Electric goods merchant wholesalers (75.7 percent decline)
4. Investigation and security services (61.5 percent decline)
5. Grantmaking and giving services (53.3 percent decline)

The total number of jobs has increased by 14.3 percent since the 2nd Quarter of 2001. This is greater than percent in Montana, which experienced a gain of 12.9 percent since 2001 ( 2nd Quarter). The gains 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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