Wednesday, January 24, 2007

Bismarck One-Year Industry Employment Change

The Bismarck Metro Area: One-Year Percentage Growth in Employment

The Druggists' goods merchant wholesalers industry has witnessed the largest percentage of employment expansion, increasing by 111.1 percent from the 2005 (Q2) to the 2006 (Q2). This industry in Bismarck has grow faster than the industry job growth experienced in North Dakota, where it saw a gain of 29.4 percent. The Druggists' goods merchant wholesalers industry in Bismarck outpaced the nation in terms of industry employment growth . During this period, the nation lost 1.4 percent.

Top 5 Industries
1. Druggists' goods merchant wholesalers (111.1 percent gain)
2. Activities related to credit intermediation (73.3 percent gain)
3. Other general merchandise stores (71.8 percent gain)
4. Building foundation and exterior contractors (38.0 percent gain)
5. Office administrative services (36.1 percent gain)

The Bismarck Metro Area: One-Year Percentage Decline in Employment

The Power generation and supply industry has seen the largest percentage drop in employment, losing 44.9 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 seen in the North Dakota, where the industry reported a loss of 6.1 percent. The losses in the Power generation and supply industry in Bismarck outpaced the United States industry losses overall. During this period, the United States lost 1.1 in percent of jobs in the Power generation and supply industry.

Top 5 Industries
1. Power generation and supply (44.9 percent decline)
2. Specialized design services (25.8 percent decline)
3. Other animal production (19 percent decline)
4. Building finishing contractors (14.1 percent decline)
5. Business support services (12.2 percent decline)

Total industry employment has increased by 4.9 percent from 2005 (2nd Quarter). These figures are greater than growth in North Dakota, experiencing a gain of 2.6 percent from the 2nd Quarter of 2005. The gains the area experienced were greater than than the gain seen for the United States of 2 percent.

Total One-Year Employment Growth in the Bismarck Metro Area

From the industries (4-digit NAICS) in the area, the Department stores industry has brought the most jobs with a total of 388 new jobs created in the period. The job growth in the Department stores industry makes up 24.8 percent of the total employment growth in Bismarck.

Top 5 Industries
1. Department stores (388 new jobs)
2. Building foundation and exterior contractors (157 new jobs)
3. Full-service restaurants (122 new jobs)
4. Other general merchandise stores (109 new jobs)
5. Building equipment contractors (105 new jobs)

Total One-Year Employment Decline in the Bismarck Metro Area

The Power generation and supply industry has lost the most employment with a total loss of 126 jobs during the period. The employment lost in the Power generation and supply industry make up 25.5 percent of the employment lost during the period in Bismarck, ND.

Top 5 Industries
1. Power generation and supply (126 jobs lost)
2. Building finishing contractors (62 jobs lost)
3. Grocery stores (58 jobs lost)
4. Services to buildings and dwellings (45 jobs lost)
5. Business support services (34 jobs lost)

In the Bismarck, ND metro area, the entire sum of jobs in all of the industries has increased by 2,175 total jobs from 2005 to 2006.

Of the 67 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 24 reported job growth in the duration of the year and 43 industry sectors reported declines during the 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.

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