Monday, January 22, 2007

Madison County One-Year Industry Employment Change

From the 84 industries with industry data reported by the BLS in each quarter, 48 accounted an for increase in employment during the period and 36 industries reported a drop in employment.

In Madison County, Nebraska, the aggregate employment for all industry sectors has decreased by 1,050 jobs between mid-2005 and mid-2006.

Total One-Year Employment Growth in Madison County

The Depository credit intermediation industry has brought the most jobs with a total of 49 new jobs created in the period. The job growth in the Depository credit intermediation industry makes up 17.9 percent of the total number of new jobs in Madison County.

Top 5 Industries
1. Depository credit intermediation (49 new jobs)
2. Machinery and supply merchant wholesalers (48 new jobs)
3. Insurance agencies, brokerages, and related (18 new jobs)
4. Health and personal care stores (16 new jobs)
5. Clothing stores (16 new jobs)

Total One-Year Employment Decline in Madison County

Given the industries in the area, the Services to buildings and dwellings industry witnessed the largest drop in employment, losing a total of 94 jobs during the time period. The jobs lost in the Services to buildings and dwellings industry make up 17.1 percent of the employment lost during the period in Madison County, Nebraska.

Top 5 Industries
1. Services to buildings and dwellings (94 jobs lost)
2. Full-service restaurants (71 jobs lost)
3. Misc. nondurable goods merchant wholesalers (51 jobs lost)
4. Limited-service eating places (44 jobs lost)
5. Other general merchandise stores (30 jobs lost)

Madison County One-Year Percentage Decline in Employment

The Services to buildings and dwellings industry has lost the largest amount of employment in terms of percentage, losing 30.8 percent of the jobs from 2005 to 2006. These have declined faster than the industry has seen in the Nebraska, where the industry sector experienced a loss of 0.4 percent. The losses in the Services to buildings and dwellings industry in Madison County outpaced the US in terms of percent of decline of industry employment. The US gained 3.1 in percent of workers in the Services to buildings and dwellings industry.

Top 5 Industries
1. Services to buildings and dwellings (30.8 percent decline)
2. Office administrative services (28.3 percent decline)
3. Other schools and instruction (26.2 percent decline)
4. Other personal services (25.5 percent decline)
5. Electronic markets and agents and brokers (22.6 percent decline)

Total industry employment has decreased by 5.5 percent since the 2nd Quarter figures of 2005. This change is greater than percent in the State of Nebraska, experiencing a gain of 0.9 percent since 2005 ( 2nd Quarter). The losses felt were greater than than the gain seen for the United States of 2.0 percent.

Madison County One-Year Percentage Growth in Employment

The Private households industry has experienced the largest percentage growth, expanding by 40.0 percent from the 2005 (Q2) to the 2006 (Q2). This industry in Madison County has added employment faster than the industry job growth experienced in Nebraska, where this industry saw a loss of 2.6 percent. The Private households industry in Madison County outpaced the nation in terms of industry employment growth . During this period, the nation gained 1.9 percent in this industry.

Top 5 Industries
1. Private households (40.0 percent gain)
2. Shoe stores (27.1 percent gain)
3. Machinery and supply merchant wholesalers (26.6 percent gain)
4. Outpatient care centers (22.0 percent gain)
5. Insurance carriers (19.4 percent gain)





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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