Friday, February 23, 2007

New Hanover County Five-Year Industry Employment Change

Total Five-Year Employment Growth in New Hanover County

From the industries (4-digit NAICS) in the area, the Scientific research and development services industry has grown the most with 1,363 jobs added during the time period. These new jobs in the Scientific research and development services industry makes up 9.8 percent of the growth in New Hanover County.

Top 5 Industries
1. Scientific research and development services (1,363 new jobs)
2. Limited-service eating places (1,136 new jobs)
3. Full-service restaurants (1,018 new jobs)
4. Building finishing contractors (773 new jobs)
5. Offices of physicians (721 new jobs)

In New Hanover County, North Carolina, the total number of jobs throughout all industries has increased by 8,186 jobs between mid-2001 and mid-2006.

From the 131 industries with industry data reported by the BLS in each quarter, 47 reported job growth in the duration of the last five years and 84 industry sectors accounting for employment declines during that time period.

Total Five-Year Employment Decline in New Hanover County

From of the area's 4-digit NAICS industries, the Management of companies and enterprises industry faced the greatest employment loss with a total loss of 675 jobs during the period. The employment lost in the Management of companies and enterprises industry make up 15.5 percent of the employment lost during the period in New Hanover County, North Carolina.

Top 5 Industries
1. Management of companies and enterprises (675 jobs lost)
2. Nonresidential building construction (410 jobs lost)
3. Employment services (369 jobs lost)
4. Electronic shopping and mail-order houses (275 jobs lost)
5. Accounting and bookkeeping services (261 jobs lost)

New Hanover County Five-Year Percentage Decline in Employment

The Electronic equipment repair and maintenance industry has lost the largest percent of jobs, losing 83.9 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 has seen in the North Carolina, where the it saw a gain of 11.5 percent. The losses in the Electronic equipment repair and maintenance industry in New Hanover County outpaced the losses of nation as a whole in the industry. In this time period, the nation lost 2.5 percent in terms of employment in the Electronic equipment repair and maintenance industry.

Top 5 Industries
1. Electronic equipment repair and maintenance (83.9 percent decline)
2. Performing arts companies (83 percent decline)
3. Druggists' goods merchant wholesalers (82.7 percent decline)
4. Beer, wine, and liquor stores (79.3 percent decline)
5. Medical equipment and supplies manufacturing (75.5 percent decline)

New Hanover County Five-Year Percentage Growth in Employment

The Activities related to credit intermediation industry has gone through the largest job growth by percent, increasing by 538.2 percent from 2001 (2nd quarter) to 2006 (2nd quarter). This industry sector in New Hanover County has added employment faster than the growth seen in the industry for North Carolina, where the industry took a loss of 1.6 percent. The Activities related to credit intermediation industry in New Hanover County outpaced the nation in terms of industry employment growth . During this period, the nation gained 49.5 percent in this industry.

Top 5 Industries
1. Activities related to credit intermediation (538.2 percent gain)
2. Alcoholic beverage merchant wholesalers (272.7 percent gain)
3. Other residential care facilities (251.9 percent gain)
4. Scientific research and development services (215.0 percent gain)
5. Outpatient care centers (178.7 percent gain)

Total employment has increased by 11 percent from the reported values in 2001. These values are greater than growth in the State of North Carolina, which saw a gain of 1.9 percent since 2001 ( 2nd Quarter). The gains in the area were greater than than the gain seen for the United States 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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