Friday, February 23, 2007

Sheridan County Five-Year Industry Employment Change

Total Five-Year Employment Decline in Sheridan County

Given the industries in the area, the Depository credit intermediation industry experienced most substantial job loss, losing 9 jobs. The declines in the Depository credit intermediation industry make up 42.4 percent of the total job loss in Sheridan County, North Dakota.

Top 1 Industries
1. Depository credit intermediation (9 jobs lost)

In Sheridan County, North Dakota, the total number of jobs throughout all industries has increased by 14 total jobs between the 2nd Quarter of 2001 and 2nd Quarter of 2006.

Given the 5 industries with industry data reported by the BLS in each quarter, 4 reported job growth in the duration of the last five years and 1 industry sectors accounting for employment declines during that time period.

Total Five-Year Employment Growth in Sheridan County

The Legal services industry has added the most employment with 2 new jobs created in the period. The job growth in the Legal services industry makes up 100.0 percent of the total growth in Sheridan County.

Top 4 Industries
1. Legal services (2 new jobs)
2. Individual and family services (29 new jobs)
3. Residential building construction (10 new jobs)
4. Building equipment contractors (6 new jobs)

Sheridan County Five-Year Percentage Decline in Employment

The Building material and supplies dealers industry has lost the largest amount of employment in terms of percentage, losing 21.7 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 gone through in the North Dakota, where the industry reported a gain of 27.8 percent. The losses in the Building material and supplies dealers industry in Sheridan County outpaced the United States industry losses overall. During this period, the United States gained 20 in percent of workers in the Building material and supplies dealers industry.

Top 4 Industries
1. Building material and supplies dealers (21.7 percent decline)
2. Gasoline stations (21.6 percent decline)
3. Depository credit intermediation (19.2 percent decline)
4. Insurance agencies, brokerages, and related (12.5 percent decline)

Total industry employment has increased by 8.2 percent from 2001 (2nd Quarter). These figures are greater than growth in North Dakota, which experienced a gain of 7.9 percent since 2001 ( 2nd Quarter). The gains felt were greater than than the gain reported at the US level of 2.6 percent.

Sheridan County Five-Year Percentage Growth in Employment

The Legal services industry has witnessed the largest percentage of employment expansion, increasing by 40.0 percent from 2001 (2nd quarter) to 2006 (2nd quarter). This industry sector in Sheridan County has expanded faster than the overall industry growth seen in the State of North Dakota, where it saw a gain of 1.4 percent. The Legal services industry in Sheridan County outpaced the nation in terms of industry employment growth . During this period, the nation gained 8.3 percent in this industry.

Top 1 Industries
1. Legal services (40.0 percent gain)





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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