Friday, February 23, 2007

Franklin County Five-Year Industry Employment Change

Franklin County Five-Year Percentage Growth in Employment

The Oilseed and grain farming industry has seen the largest percentage job growth, expanding by 21.1 percent from the 2001 (Q2) to the 2006 (Q2). This industry in Franklin County has grow slower than the industry has grown in the State of Nebraska, where the industry took a gain of 32.2 percent. The Oilseed and grain farming industry in Franklin County outpaced the nation in terms of industry employment growth . During this period, the nation gained 5.6 percent.

Top 2 Industries
1. Oilseed and grain farming (21.1 percent gain)
2. Depository credit intermediation (7.4 percent gain)

Franklin County Five-Year Percentage Decline in Employment

The Drinking places, alcoholic beverages industry has seen the largest percentage drop in employment, losing 45.5 percent from 2001 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry has experienced in the State of Nebraska, where the industry sector experienced a loss of 26.5 percent. The losses in the Drinking places, alcoholic beverages industry in Franklin County outpaced the US in terms of percent of decline of industry employment. The US lost 9.7 percent in terms of employment in the Drinking places, alcoholic beverages industry.

Top 2 Industries
1. Drinking places, alcoholic beverages (45.5 percent decline)
2. Gasoline stations (3.9 percent decline)

Total employment has decreased by 10.8 percent from 2001 (2nd Quarter). These figures are greater than percent in Nebraska, which saw a gain of 1.0 percent from the 2nd Quarter of 2001. The losses the area experienced were greater than than the gain seen for the United States of 2.6 percent.

Total Five-Year Employment Growth in Franklin County

From the industries (4-digit NAICS) in the area, the Oilseed and grain farming industry has accounted the most employment growth with a total of 4 total jobs brought in during the period. The growth in the Oilseed and grain farming industry makes up 66.7 percent of the total growth in Franklin County.

Top 2 Industries
1. Oilseed and grain farming (4 new jobs)
2. Depository credit intermediation (2 new jobs)

Total Five-Year Employment Decline in Franklin County

From of the area's 4-digit NAICS industries, the Drinking places, alcoholic beverages industry faced the greatest employment loss with a total loss of 12 jobs in that time period. The declines in the Drinking places, alcoholic beverages industry make up 89.7 percent of the total job loss in Franklin County, Nebraska.

Top 2 Industries
1. Drinking places, alcoholic beverages (12 jobs lost)
2. Depository credit intermediation (6 jobs lost)

In Franklin County, Nebraska, the aggregate employment for all industry sectors has decreased by 57 total jobs between the 2nd Quarter of 2001 and 2nd Quarter of 2006.







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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