Friday, February 23, 2007

Suffolk County Five-Year Industry Employment Change

From the 220 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 112 showed an escalation in the number employed, while 108 industry sectors accounting for employment declines during that time period.

Total Five-Year Employment Growth in Suffolk County

Of the industries (4-digit NAICS) in the area, the Unclassified industry has brought the most jobs with a total of 3,482 new jobs created in the period. The job growth in the Unclassified industry makes up 7.1 percent of the total growth in Suffolk County.

Top 5 Industries
1. Unclassified (3,482 new jobs)
2. Grocery stores (2,983 new jobs)
3. Full-service restaurants (2,364 new jobs)
4. Management of companies and enterprises (1,821 new jobs)
5. Services to buildings and dwellings (1,761 new jobs)

In Suffolk County, New York, the aggregate employment for all industry sectors has increased by 22,147 total jobs between the 2nd Quarter of 2001 and 2nd Quarter of 2006.

Total Five-Year Employment Decline in Suffolk County

The Other general merchandise stores industry faced the greatest employment loss with a total loss of 1,860 jobs in that time period. The declines in the Other general merchandise stores industry make up 7.2 percent of the jobs lost during the period in Suffolk County, New York.

Top 5 Industries
1. Other general merchandise stores (1,860 jobs lost)
2. Semiconductor and electronic component mfg. (1,480 jobs lost)
3. Computer and peripheral equipment mfg. (1,371 jobs lost)
4. Advertising and related services (1,152 jobs lost)
5. Plastics product manufacturing (1,066 jobs lost)

Suffolk County Five-Year Percentage Decline in Employment

The Lessors of nonfinancial intangible assets industry has seen the largest percentage drop in employment, losing 74.5 percent from 2001 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry has seen in the New York, where the industry reported a loss of 24 percent. The losses in the Lessors of nonfinancial intangible assets industry in Suffolk County outpaced the United States in terms of percentage decline of industry employment. In this period, the United States lost 6.5 in percent of workers in the Lessors of nonfinancial intangible assets industry.

Top 5 Industries
1. Lessors of nonfinancial intangible assets (74.5 percent decline)
2. Land subdivision (70.5 percent decline)
3. Sound recording industries (64.4 percent decline)
4. Fishing (53.7 percent decline)
5. Waste treatment and disposal (52.4 percent decline)

Suffolk County Five-Year Percentage Growth in Employment

The Sea, coastal, and Great Lakes transportation industry has gone through the largest job growth by percent, increasing by 889.1 percent from 2001 (2nd quarter) to 2006 (2nd quarter). This industry sector in Suffolk County has added employment faster than the overall industry growth seen in the State of New York, where this industry saw a gain of 45.4 percent. The Sea, coastal, and Great Lakes transportation industry in Suffolk County outpaced the nation in terms of industry employment growth . During this period, the nation gained 14.8 percent of the employment in this industry.

Top 5 Industries
1. Sea, coastal, and Great Lakes transportation (889.1 percent gain)
2. Unclassified (239.9 percent gain)
3. Internet publishing and broadcasting (167.2 percent gain)
4. Hardware manufacturing (135.0 percent gain)
5. Water, sewage and other systems (124.6 percent gain)

Total employment has increased by 4.5 percent since the 2nd Quarter figures of 2001. This change is less than percent in New York, experiencing a loss of -1.0 percent from the 2nd Quarter of 2001. The gains in the area were greater than than the gain seen for the United States of 2.6 percent.





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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