Friday, February 23, 2007

Gaston County Five-Year Industry Employment Change

Total Five-Year Employment Growth in Gaston County

Out of the 4-digit NAICS industries, the Warehousing and storage industry has brought the most jobs with a total of 1,015 new jobs created in the period. The job growth in the Warehousing and storage industry makes up 13.4 percent of the total employment growth in Gaston County.

Top 5 Industries
1. Warehousing and storage (1,015 new jobs)
2. Employment services (751 new jobs)
3. Auto parts, accessories, and tire stores (464 new jobs)
4. Offices of physicians (424 new jobs)
5. Other general merchandise stores (413 new jobs)

Of the 119 industries with industry data reported by the BLS in each quarter, 54 showed an escalation in the number employed, while 65 industry sectors accounting for employment declines during that time period.

Total Five-Year Employment Decline in Gaston County

The Fiber, yarn, and thread mills industry witnessed the largest drop in employment, losing a total of 2,729 jobs in that time period. The declines in the Fiber, yarn, and thread mills industry make up 30.0 percent of the employment lost during the period in Gaston County, North Carolina.

Top 5 Industries
1. Fiber, yarn, and thread mills (2,729 jobs lost)
2. Plastics product manufacturing (574 jobs lost)
3. Industrial machinery manufacturing (526 jobs lost)
4. Grocery stores (521 jobs lost)
5. Textile and fabric finishing mills (500 jobs lost)

In Gaston County, North Carolina, the entire sum of jobs in all industries overall has decreased by 3,263 total jobs between the 2nd Quarter of 2001 and 2nd Quarter of 2006.

Total industry employment has decreased by 5.1 percent since the 2nd Quarter of 2001. This is greater than percent in the State of North Carolina, which went through a gain of 1.9 percent since the 2nd Quarter of 2001. The losses in the area were greater than than the gain felt at the national level of 2.6 percent.

Gaston County Five-Year Percentage Growth in Employment

The Warehousing and storage industry has experienced the largest percentage growth, expanding by 1018.7 percent from the 2nd quarter of 2001 to the 2nd quarter of 2006. This industry sector in Gaston County has added employment faster than the industry job growth experienced in North Carolina, where this industry saw a gain of 7 percent. The Warehousing and storage industry in Gaston County outpaced the United States, which experienced a gained 22.1 percent of the employment in this industry.

Top 5 Industries
1. Warehousing and storage (1018.7 percent gain)
2. Other financial investment activities (374.1 percent gain)
3. Support activities for road transportation (272.0 percent gain)
4. Management and technical consulting services (181.7 percent gain)
5. Auto parts, accessories, and tire stores (122.8 percent gain)

Gaston County Five-Year Percentage Decline in Employment

The Other general purpose machinery manufacturing industry has lost the biggest percent of jobs, losing 78.6 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 felt in the State of North Carolina, where the industry sector experienced a loss of 31.5 percent. The losses in the Other general purpose machinery manufacturing industry in Gaston County outpaced the United States industry losses overall. During this period, the United States lost 16.2 percent in terms of employees in the Other general purpose machinery manufacturing industry.

Top 5 Industries
1. Other general purpose machinery manufacturing (78.6 percent decline)
2. Drinking places, alcoholic beverages (75 percent decline)
3. Used merchandise stores (71.5 percent decline)
4. Direct selling establishments (70.7 percent decline)
5. Insurance carriers (70.2 percent decline)





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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