Monday, October 30, 2006

Employment Report for Boyd County, Nebraska -- Annual 2005 Industry Summary

In Boyd County, Finance and insurance, Transportation and Warehousing and Wholesale trade are the three industries with the highest location quotients. The Finance and insurance sector in the county has a location quotient of 2.44. The level of employment in the Finance and insurance sector is 2.44 times greater than the US average, showing signs that Boyd may be an exporter of products or services of Finance and insurance.

In Boyd County, Retail Trade, Health care and social assistance, and the Finance and insurance sectors are the largest industries, in terms of total number of jobs in 2005. The Retail Trade is the major employer in the county making up 20.9 percent of total employment in the county, making up 61 people employed. The Health care and social assistance and Finance and insurance industries make up 20.2 and 13 percent of the total jobs, respectively.

Health care and social assistance has a largest number of employee per establishment in Boyd County. In the County, the industry averages 8 jobs per place of business. This is less than the industry's average at the national level of 21 and less than the State of Nebraska average establishment size of 23 for the Health care and social assistance industry.

Health care and social assistance is the industry that has grown the most in terms of employment from 2001-2005 in Boyd County, with a job growth of 9.3 percent. This is less than the change in industry employment in the United States of 10.6 percent. The State of Nebraska experienced a change in employment in the sector of 11.2 percent, during the period of 2001 to 2005.









Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW).

 

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