Monday, October 30, 2006

Employment Report for Schenectady County, New York -- Annual 2005 Industry Summary

In Schenectady County, Educational services, Management of companies and enterprises and Professional and technical services industries, in terms of United States location quotient, are the most dominant in the region. The Educational services sector in the county has a location quotient of 1.94. The level of employment in the Educational services sector is 1.94 times greater than the national average, signifying that Schenectady County may specialize, or be an exporter of Educational services.

In Schenectady County, Health care and social assistance, Retail Trade, and the Professional and technical services industries are the largest employment industries. The Health care and social assistance produces the largest number of jobs in the area accounting for 20.8 percent of the total county employment. This totals 11,203 jobs. The Retail Trade and Professional and technical services industries make up 15.3 and 11.3 percent of the total jobs, respectively.

Manufacturing between the years 2001 and 2005, saw the greatest loss in employment in Schenectady County. The industry lost a total of 861 jobs during the period, or 12.7 percent of the employment in the industry. This made up a total of 53.5 percent of all employment losses in the county.

Educational services from 2001-2005 had the highest increase in employment in Schenectady County, growing in new jobs by 33.8 percent. This is greater than the national employment change in the industry of 13.8 percent. The State of New York experienced a sector employment shift of 10.9 percent, since the year 2001.

Management of companies and enterprises has a largest number of employee per establishment in Schenectady County. In the County, the industry averages 71 jobs per place of business. This is greater than the industry's average in the United States of 40 and greater than the State of New York average of 42 for the Management of companies and enterprises industry.







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

 

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