Friday, February 23, 2007

Person County Five-Year Industry Employment Change

Total Five-Year Employment Decline in Person County

From of the area's 4-digit NAICS industries, the Services to buildings and dwellings industry faced the greatest employment loss with a total loss of 171 jobs. The declines in the Services to buildings and dwellings industry make up 24.7 percent of the total job loss in Person County, North Carolina.

Top 5 Industries
1. Services to buildings and dwellings (171 jobs lost)
2. Full-service restaurants (158 jobs lost)
3. Residential building construction (72 jobs lost)
4. Building foundation and exterior contractors (62 jobs lost)
5. Building equipment contractors (46 jobs lost)

Given the 38 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 17 showed an escalation in the number employed, while 19 industry sectors accounting for employment declines during that time period.

In Person County, North Carolina, the total number of jobs throughout all industries has decreased by 547 jobs from mid-2001 to mid-2006.

Total Five-Year Employment Growth in Person County

Out of the 4-digit NAICS industries, the Limited-service eating places industry has grown the most with 236 total jobs brought in during the period. The growth in the Limited-service eating places industry makes up 42.4 percent of the growth in Person County.

Top 5 Industries
1. Limited-service eating places (236 new jobs)
2. Nonresidential building construction (129 new jobs)
3. Electronic markets and agents and brokers (56 new jobs)
4. Community care facilities for the elderly (43 new jobs)
5. Management of companies and enterprises (21 new jobs)

Employment for all industries has decreased by 5.5 percent since the 2nd Quarter of 2001. This is greater than percent in North Carolina, which went through a gain of 1.9 percent since 2001 ( 2nd Quarter). The losses the area experienced were greater than than the gain reported at the US level of 2.6 percent.

Person County Five-Year Percentage Growth in Employment

The Electronic markets and agents and brokers industry has gone through the largest job growth by percent, increasing by 600.0 percent from 2001 to 2006. This industry in Person County has expanded faster than the growth seen in the industry for North Carolina, where the industry felt a gain of 38.8 percent. The Electronic markets and agents and brokers industry in Person County outpaced the national average, which felt a gained 29.2 percent in this industry.

Top 5 Industries
1. Electronic markets and agents and brokers (600.0 percent gain)
2. Nonresidential building construction (383.2 percent gain)
3. Limited-service eating places (69.6 percent gain)
4. Community care facilities for the elderly (62.4 percent gain)
5. Offices of real estate agents and brokers (44.8 percent gain)

Person County Five-Year Percentage Decline in Employment

The Activities related to real estate industry has lost the largest amount of employment in terms of percentage, losing 91.1 percent from 2001 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry sector has gone through in the North Carolina, where the industry reported a gain of 29.6 percent. The losses in the Activities related to real estate industry in Person County outpaced the US in terms of percent of decline of industry employment. The US gained 19 percent in terms of employment in the Activities related to real estate industry.

Top 5 Industries
1. Activities related to real estate (91.1 percent decline)
2. Services to buildings and dwellings (66 percent decline)
3. Home furnishings stores (65.9 percent decline)
4. Residential building construction (59.5 percent decline)
5. Computer systems design and related services (54.5 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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