Friday, February 23, 2007

Hancock County Five-Year Industry Employment Change

From the 86 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 33 reported job growth in the duration of the last five years and 51 industry sectors reported declines during the time period.

Total Five-Year Employment Growth in Hancock County

From the industries (4-digit NAICS) in the area, the Building material and supplies dealers industry has grown the most with 1,016 jobs added during the time period. These new jobs in the Building material and supplies dealers industry makes up 23.3 percent of the growth in Hancock County.

Top 5 Industries
1. Building material and supplies dealers (1,016 new jobs)
2. Employment services (815 new jobs)
3. Full-service restaurants (445 new jobs)
4. Other general merchandise stores (198 new jobs)
5. Other professional and technical services (172 new jobs)

In Hancock County, Ohio, the total number of workers for all sectors has increased by 1,016 jobs between mid-2001 and mid-2006.

Total Five-Year Employment Decline in Hancock County

The Department stores industry has lost the most employment with a total loss of 453 jobs. The declines in the Department stores industry make up 24.2 percent of the employment lost during the period in Hancock County, Ohio.

Top 5 Industries
1. Department stores (453 jobs lost)
2. Rubber product manufacturing (295 jobs lost)
3. Management of companies and enterprises (193 jobs lost)
4. Utility system construction (183 jobs lost)
5. Grocery stores (92 jobs lost)

The total number of jobs has increased by 2.7 percent from the reported values in 2001. These values are less than growth in Ohio, which saw a loss of -2.8 percent from the 2nd Quarter of 2001. The gains the area experienced were greater than than the gain seen for the United States of 2.6 percent.

Hancock County Five-Year Percentage Growth in Employment

The Specialized freight trucking industry has witnessed the largest percentage of employment expansion, increasing by 683.3 percent from 2001 (2nd quarter) to 2006 (2nd quarter). This industry sector in Hancock County has grow faster than the growth seen in the industry for Ohio, where the industry felt a gain of 5.1 percent. The Specialized freight trucking industry in Hancock County outpaced the national average, which felt a gained 6.8 percent of the industry employment.

Top 5 Industries
1. Specialized freight trucking (683.3 percent gain)
2. Management and technical consulting services (569.1 percent gain)
3. Automotive equipment rental and leasing (392.2 percent gain)
4. Specialized design services (326.3 percent gain)
5. Building material and supplies dealers (295.8 percent gain)

Hancock County Five-Year Percentage Decline in Employment

The Utility system construction industry has seen the largest percentage drop in employment, losing 82 percent of the jobs from the 2nd quarter of 2001 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 it saw a loss of 6.8 percent. The losses in the Utility system construction industry in Hancock County outpaced the United States industry losses overall. During this period, the United States gained 5.8 in percent of jobs in the Utility system construction industry.

Top 5 Industries
1. Utility system construction (82 percent decline)
2. Insurance carriers (77 percent decline)
3. Commercial equip. merchant wholesalers (75.2 percent decline)
4. Business support services (66.5 percent decline)
5. Private households (60.9 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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