Monday, October 30, 2006

Employment Report for McDowell County, North Carolina -- Annual 2005 Industry Summary

In McDowell County, Manufacturing, Retail Trade and Construction industries have the highest United States location quotient (LQ). The Manufacturing industry has an LQ of 3.93. In other words, the percent of total jobs in the Manufacturing sector is 3.93 times the percent of the national average, This signifies that McDowell may be an exporter of products or services of Manufacturing.

Manufacturing saw the largest loss of employment between the years 2001-2005 in McDowell County. The industry lost a total of 973 employees during the period, or 12.2 percent of jobs in the industry. The losses in this industry made up 93.8 percent of all employment losses in the county.

In McDowell County, Manufacturing, Retail Trade, and the Accommodation and food services industries have the largest percent of jobs of all industries. The Manufacturing provides the most jobs and contributes 50.4 percent of total employment in the county, making up 6,988 jobs. The Retail Trade and Accommodation and food services industries total 12.6 and 7.8 percent of total employment, respectively.

The Manufacturing has seen the largest decrease in industry presence in McDowell County, since the year 2001, moving from making up 56 percent of total jobs in the year 2001 to 50.4 percent of total employment in the year 2005.

Real estate and rental and leasing saw the biggest increase in jobs since the year 2001 in McDowell County, increasing by 88.6 percent. This is greater than the national employment change in the industry of 4.3 percent. The State of North Carolina saw a change in employment in the sector of 5.1 percent, in the course of time since 2001.

Manufacturing is the industry with the largest establishments in McDowell County. In the County, the industry averages 111 workers per each place of employment, being greater than the industry's national average of 39 and greater than the State of North Carolina average of 53 for the Manufacturing industry.





Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW).

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