Friday, February 23, 2007

Woodward County Five-Year Industry Employment Change

Out of the 34 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 11 reported job growth in the duration of the last five years and 23 industry sectors reported declines during the time period.

Total Five-Year Employment Decline in Woodward County

From of the area's 4-digit NAICS industries, the Grocery stores industry witnessed the largest drop in employment, losing a total of 27 jobs in that time period. The declines in the Grocery stores industry make up 36.4 percent of the employment lost during the period in Woodward County, Oklahoma.

Top 5 Industries
1. Grocery stores (27 jobs lost)
2. Building equipment contractors (13 jobs lost)
3. Office supplies, stationery, and gift stores (10 jobs lost)
4. Unclassified (6 jobs lost)
5. Private households (6 jobs lost)

Total Five-Year Employment Growth in Woodward County

From the industries (4-digit NAICS) in the area, the Support activities for mining industry has grown the most with 869 new jobs created in the period. The job growth in the Support activities for mining industry makes up 65.6 percent of the total number of new jobs in Woodward County.

Top 5 Industries
1. Support activities for mining (869 new jobs)
2. Other specialty trade contractors (64 new jobs)
3. General freight trucking (57 new jobs)
4. Limited-service eating places (55 new jobs)
5. Traveler accommodation (55 new jobs)

In Woodward County, Oklahoma, the aggregate employment for all industry sectors has increased by 1,833 jobs between mid-2001 and mid-2006.

Woodward County Five-Year Percentage Growth in Employment

The Machinery and equipment rental and leasing industry has witnessed the largest percentage of employment expansion, increasing by 198.1 percent from the 2001 (Q2) to the 2006 (Q2). This industry in Woodward County has grow faster than the industry job growth experienced in Oklahoma, where it saw a gain of 31.6 percent. The Machinery and equipment rental and leasing industry in Woodward County outpaced the national average, which felt a gained 13.6 percent of the employment in this industry.

Top 5 Industries
1. Machinery and equipment rental and leasing (198.1 percent gain)
2. Support activities for mining (123.2 percent gain)
3. General freight trucking (110.4 percent gain)
4. Health and personal care stores (102.1 percent gain)
5. Traveler accommodation (97.6 percent gain)

Woodward County Five-Year Percentage Decline in Employment

The Unclassified industry has seen the largest percentage drop in employment, losing 73.9 percent from 2001 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry has experienced in the State of Oklahoma, where the it saw a loss of 6.2 percent. The losses in the Unclassified industry in Woodward County outpaced the United States industry losses overall. During this period, the United States gained 1.7 in percent of jobs in the Unclassified industry.

Top 5 Industries
1. Unclassified (73.9 percent decline)
2. Office supplies, stationery, and gift stores (29 percent decline)
3. Private households (27 percent decline)
4. Motor vehicle and parts merchant wholesalers (24.4 percent decline)
5. Grocery stores (16.4 percent decline)

The total number of jobs has increased by 29.9 percent since the 2nd Quarter figures of 2001. This change is greater than growth in the State of Oklahoma, which saw a gain of 0.7 percent from the 2nd Quarter of 2001. The gains felt were greater than than the gain experienced overall in the US 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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