Friday, February 23, 2007

Atlantic County Five-Year Industry Employment Change

Atlantic County Five-Year Percentage Growth in Employment

The Religious organizations industry has witnessed the largest percentage of employment expansion, increasing by 957.1 percent from the 2001 (Q2) to the 2006 (Q2). This industry in Atlantic County has added employment faster than the industry has grown in the State of New Jersey, where it saw a gain of 39.5 percent. The Religious organizations industry in Atlantic County outpaced the US in terms of percent growth of industry employment. During this period, the US gained 12.8 percent.

Top 5 Industries
1. Religious organizations (957.1 percent gain)
2. Other financial investment activities (313.3 percent gain)
3. Lumber and const. supply merchant wholesalers (309.5 percent gain)
4. Scientific research and development services (304.7 percent gain)
5. Misc. durable goods merchant wholesalers (285.5 percent gain)

Atlantic County Five-Year Percentage Decline in Employment

The Support activities for road transportation industry has lost the largest amount of employment in terms of percentage, losing 81.9 percent from 2001 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry has seen in the New Jersey, where the industry reported a gain of 14.7 percent. The losses in the Support activities for road transportation industry in Atlantic County outpaced the United States industry losses overall. During this period, the United States gained 18.2 percent in terms of employees in the Support activities for road transportation industry.

Top 5 Industries
1. Support activities for road transportation (81.9 percent decline)
2. Commercial machinery repair and maintenance (73.3 percent decline)
3. Wired telecommunications carriers (70.8 percent decline)
4. Specialized design services (66 percent decline)
5. Metalworking machinery manufacturing (62.5 percent decline)

Total employment has increased by 4.3 percent since the 2nd Quarter of 2001. This is greater than growth in New Jersey, which experienced a gain of 0.7 percent since 2001 ( 2nd Quarter). The gains felt were greater than than the gain felt at the national level of 2.6 percent.

Of the 138 4-digit NAICS industries, 48 reported job growth in the duration of the last five years and 89 industries reported a drop in employment.

Total Five-Year Employment Growth in Atlantic County

Out of the 4-digit NAICS industries, the Full-service restaurants industry has brought the most jobs with a total of 1,168 new jobs created in the period. The job growth in the Full-service restaurants industry makes up 9.6 percent of the total employment growth in Atlantic County.

Top 5 Industries
1. Full-service restaurants (1,168 new jobs)
2. Limited-service eating places (1,145 new jobs)
3. Building equipment contractors (516 new jobs)
4. Child day care services (417 new jobs)
5. Drinking places, alcoholic beverages (412 new jobs)

In Atlantic County, New Jersey, the total number of workers for all sectors has increased by 5,229 total jobs between the 2nd Quarter of 2001 and 2nd Quarter of 2006.

Total Five-Year Employment Decline in Atlantic County

Given the industries in the area, the Traveler accommodation industry has lost the most employment with a total loss of 3,343 jobs during the period. The employment lost in the Traveler accommodation industry make up 50.3 percent of the employment lost during the period in Atlantic County, New Jersey.

Top 5 Industries
1. Traveler accommodation (3,343 jobs lost)
2. Business support services (465 jobs lost)
3. Wired telecommunications carriers (408 jobs lost)
4. Employment services (257 jobs lost)
5. Other personal services (231 jobs lost)





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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