Wednesday, January 24, 2007

Hickory-Lenoir-Morganton One-Year Industry Employment Change

The Hickory-Lenoir-Morganton Metro Area: One-Year Percentage Growth in Employment

The Outpatient care centers industry has gone through the largest job growth by percent, increasing by 167.2 percent from 2005 (2nd quarter) to 2006 (2nd quarter). This industry sector in Hickory-Lenoir-Morganton has increased employment faster than the overall industry growth seen in the State of North Carolina, where this industry saw a gain of 17.1 percent. The Outpatient care centers industry in Hickory-Lenoir-Morganton outpaced the national average, which felt a gained 4.5 percent of the industry employment.

Top 5 Industries
1. Outpatient care centers (167.2 percent gain)
2. Automotive equipment rental and leasing (144.8 percent gain)
3. Land subdivision (85.0 percent gain)
4. Unclassified (75.2 percent gain)
5. Coating, engraving, and heat treating metals (70.5 percent gain)

The Hickory-Lenoir-Morganton Metro Area: One-Year Percentage Decline in Employment

The Vocational rehabilitation services industry has lost the largest percent of jobs, losing 84.7 percent of the jobs from the 2nd quarter of 2005 to 2nd quarter of 2006. The losses of the area have declined faster than the industry has experienced in the State of North Carolina, where the it saw a loss of 9.7 percent. The losses in the Vocational rehabilitation services industry in Hickory-Lenoir-Morganton outpaced the United States in terms of percentage decline of industry employment. In this period, the United States gained 0.6 percent in terms of employees in the Vocational rehabilitation services industry.

Top 5 Industries
1. Vocational rehabilitation services (84.7 percent decline)
2. Soap, cleaning compound, and toiletry mfg. (79.4 percent decline)
3. Commercial equip. merchant wholesalers (57 percent decline)
4. Other heavy construction (39 percent decline)
5. Accounting and bookkeeping services (36.9 percent decline)

Total employment has increased by 0.2 percent since the 2nd Quarter of 2005. This is less than growth in North Carolina, which saw a gain of 2.7 percent from 2005 (2nd Quarter). The gains in the area were less than than the gain felt at the national level of 2 percent.

Total One-Year Employment Growth in the Hickory-Lenoir-Morganton Metro Area

Of the industries (4-digit NAICS) in the area, the Employment services industry has accounted the most employment growth with a total of 644 total jobs brought in during the period. The growth in the Employment services industry makes up 16.6 percent of the growth in Hickory-Lenoir-Morganton.

Top 5 Industries
1. Employment services (644 new jobs)
2. Fabric mills (546 new jobs)
3. Limited-service eating places (371 new jobs)
4. Outpatient care centers (279 new jobs)
5. Full-service restaurants (193 new jobs)

Total One-Year Employment Decline in the Hickory-Lenoir-Morganton Metro Area

From of the area's 4-digit NAICS industries, the Household and institutional furniture mfg. industry experienced most substantial job loss, losing 1,689 jobs in that time period. The declines in the Household and institutional furniture mfg. industry make up 38.5 percent of the total employment decline in Hickory-Lenoir-Morganton, NC.

Top 5 Industries
1. Household and institutional furniture mfg. (1,689 jobs lost)
2. Vocational rehabilitation services (832 jobs lost)
3. Accounting and bookkeeping services (294 jobs lost)
4. Textile and fabric finishing mills (207 jobs lost)
5. Commercial equip. merchant wholesalers (180 jobs lost)

In the Hickory-Lenoir-Morganton, NC metro area, the aggregate employment for all industry sectors has increased by 285 total jobs from 2005 to 2006.

Of the 97 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 41 described an expansion of jobs throughout the time period, while 56 industry sectors accounting for employment declines during that time period.





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.

0 Comments:

Post a Comment

<< Home

 

About - © 2007 Ecanned.com  - Contact