Wednesday, January 10, 2007

Fayette County One-Year Industry Employment Change

Total industry employment has increased by 2.8 percent since the 2nd Quarter of 2005. This is greater than percent in the State of Ohio, experiencing a gain of 0.4 percent since the 2nd Quarter of 2005. The gains were greater than than the gain felt at the national level of 2.0 percent.

Fayette County One-Year Percentage Growth in Employment

The Electronics and appliance stores industry has experienced the largest percentage growth, expanding by 91.7 percent from 2005 to 2006. This industry in Fayette County has expanded faster than the growth seen in the industry for Ohio, where the industry felt a gain of 1.7 percent. The Electronics and appliance stores industry in Fayette County outpaced the United States, which experienced a gained 3.4 percent in this industry.

Top 5 Industries
1. Electronics and appliance stores (91.7 percent gain)
2. Services to buildings and dwellings (52.8 percent gain)
3. Accounting and bookkeeping services (39.3 percent gain)
4. Health and personal care stores (34.2 percent gain)
5. Jewelry, luggage, and leather goods stores (19.8 percent gain)

Fayette County One-Year Percentage Decline in Employment

The Consumer goods rental industry has lost the largest percent of jobs, losing 66.8 percent of the jobs from the 2nd quarter of 2005 to 2nd quarter of 2006. The losses of the area have declined faster than the industry sector has gone through in the Ohio, where the industry felt a loss of 7.9 percent. The losses in the Consumer goods rental industry in Fayette County outpaced the United States industry losses overall. During this period, the United States lost 4.6 percent in terms of employees in the Consumer goods rental industry.

Top 5 Industries
1. Consumer goods rental (66.8 percent decline)
2. General freight trucking (52.8 percent decline)
3. Death care services (23 percent decline)
4. Offices of other health practitioners (18.6 percent decline)
5. Misc. nondurable goods merchant wholesalers (16.8 percent decline)

Total One-Year Employment Decline in Fayette County

The Consumer goods rental industry faced the greatest employment loss with a total loss of 64 jobs in that time period. The declines in the Consumer goods rental industry make up 26.9 percent of the employment lost during the period in Fayette County, Ohio.

Top 5 Industries
1. Consumer goods rental (64 jobs lost)
2. General freight trucking (25 jobs lost)
3. Full-service restaurants (21 jobs lost)
4. Automobile dealers (20 jobs lost)
5. Shoe stores (17 jobs lost)

In Fayette County, Ohio, the total number of workers for all sectors has increased by 265 total jobs from 2005 to 2006.

From the 38 4-digit NAICS industries, 19 described an expansion of jobs throughout the time period, while 18 industry sectors reported declines during the time period.

Total One-Year Employment Growth in Fayette County

Out of the 4-digit NAICS industries, the Electronics and appliance stores industry has added the most employment with 33 new jobs created in the period. The job growth in the Electronics and appliance stores industry makes up 22.4 percent of the total number of new jobs in Fayette County.

Top 5 Industries
1. Electronics and appliance stores (33 new jobs)
2. Health and personal care stores (27 new jobs)
3. Services to buildings and dwellings (19 new jobs)
4. Building equipment contractors (18 new jobs)
5. Accounting and bookkeeping services (7 new jobs)





About: This report is part 1 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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