Friday, February 23, 2007

Montgomery County Five-Year Industry Employment Change

Of the 64 4-digit NAICS industries, 32 showed an escalation in the number employed, while 31 industry sectors reported declines during the time period.

In Montgomery County, New York, the entire sum of jobs in all industries overall has increased by 1,179 total jobs between the 2nd Quarter of 2001 and 2nd Quarter of 2006.

Total Five-Year Employment Growth in Montgomery County

Out of the 4-digit NAICS industries, the Limited-service eating places industry has brought the most jobs with a total of 309 new jobs created in the period. The job growth in the Limited-service eating places industry makes up 24.4 percent of the total employment growth in Montgomery County.

Top 5 Industries
1. Limited-service eating places (309 new jobs)
2. Building material and supplies dealers (187 new jobs)
3. Residential building construction (87 new jobs)
4. General freight trucking (77 new jobs)
5. Automobile dealers (73 new jobs)

Total Five-Year Employment Decline in Montgomery County

Given the industries in the area, the Other amusement and recreation industries industry has lost the most employment with a total loss of 140 jobs. The declines in the Other amusement and recreation industries industry make up 13.5 percent of the employment lost during the period in Montgomery County, New York.

Top 5 Industries
1. Other amusement and recreation industries (140 jobs lost)
2. Depository credit intermediation (139 jobs lost)
3. Individual and family services (122 jobs lost)
4. Vocational rehabilitation services (102 jobs lost)
5. Plastics product manufacturing (88 jobs lost)

Total employment has increased by 7.7 percent since the 2nd Quarter figures of 2001. This change is less than percent in the State of New York, which went through a loss of -1.0 percent since 2001 ( 2nd Quarter). The gains the area experienced were greater than than the gain reported at the US level of 2.6 percent.

Montgomery County Five-Year Percentage Growth in Employment

The Unclassified industry has witnessed the largest percentage of employment expansion, increasing by 383.9 percent from the 2001 (Q2) to the 2006 (Q2). This industry in Montgomery County has expanded faster than the growth seen in the industry for New York, where it saw a gain of 208.5 percent. The Unclassified industry in Montgomery County outpaced the United States, which experienced a gained 1.7 percent of the employment in this industry.

Top 5 Industries
1. Unclassified (383.9 percent gain)
2. Building material and supplies dealers (130.8 percent gain)
3. Accounting and bookkeeping services (114.7 percent gain)
4. Residential building construction (114.0 percent gain)
5. Misc. durable goods merchant wholesalers (109.1 percent gain)

Montgomery County Five-Year Percentage Decline in Employment

The Other amusement and recreation industries industry has lost the biggest percent of jobs, losing 69.2 percent from 2001 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry sector has felt in the State of New York, where the industry reported a gain of 12 percent. The losses in the Other amusement and recreation industries industry in Montgomery County outpaced the losses of nation as a whole in the industry. In this time period, the nation gained 10.1 in percent of workers in the Other amusement and recreation industries industry.

Top 5 Industries
1. Other amusement and recreation industries (69.2 percent decline)
2. Bakeries and tortilla manufacturing (65 percent decline)
3. Motor vehicle and parts merchant wholesalers (63.2 percent decline)
4. Nonresidential building construction (61.9 percent decline)
5. Offices of other health practitioners (52.5 percent decline)





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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