Sunday, November 05, 2006

Employment Report for Jacksonville, North Carolina -- Annual 2005 Industry Summary

Management of companies and enterprises is the industry that has grown the most in terms of employment from 2001-2005 in Jacksonville, changing a total of 216.3 percent. This is greater than the change of total jobs in the industry for the United States of 1.6 percent. The State of North Carolina went through a industry job change of -11.3 percent, from 2001 to 2005.

Management of companies and enterprises is the industry with the largest establishments in Jacksonville MSA, with the industry averaging 39 jobs per place of business. This is less than the industry's national average of 40 and less than the North Carolina establishments size average of 50 for the Management of companies and enterprises industry.

Administrative and waste services since the year 2001 lost the most jobs in the Jacksonville Metropolitan Area. The industry was hit with a loss of 630 jobs during the period, or 22 percent of industry's employment. The industry declines made up 51.7 percent of the total loss in employment during the period.

In Jacksonville, Retail Trade, Accommodation and food services, and the Health care and social assistance industries have the largest percent of jobs of all industries. The Retail Trade is the major employer in the Metropolitan Area making up 22.9 percent of all the jobs in the Metropolitain Area. This makes up 6,601 employees. The Accommodation and food services and Health care and social assistance industries total 19.7 and 11.8 percent of the total jobs, respectively.

A top paying industry in Jacksonville is the utilities industry with an average annual wage of $49,150. In the Metropolitan Area since the year 2001, the annual average wages in the industry have grown by 8.6 percent or $3,899. The State of North Carolina reflects a similar employment climate in the utilities industry, ranking near the top of industries in terms of 2004 annual average wages.

In Jacksonville, Accommodation and food services, Retail Trade and Utilities are the three industries with the highest location quotients. The Accommodation and food services industry has a US LQ in the region of 2.01. The percent of employment in the Accommodation and food services industry is 2.01 times the percent of the national average, This signifies that Jacksonville may specialize, or be an exporter of Accommodation and food services.





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

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