Monday, October 30, 2006

Employment Report for Georgetown County, South Carolina -- Annual 2005 Industry Summary

Manufacturing has the largest businesses in Georgetown County. The industry averages 38 workers per each place of employment, being less than the industry's national average of 39 and less than the South Carolina average establishment size of 53 for the Manufacturing industry.

In Georgetown County, Accommodation and food services, Retail Trade, and the Manufacturing sectors are the largest industries, in terms of total number of jobs in 2005. The Accommodation and food services is the major employer in the county making up 17 percent of all the jobs in the county. This makes up 3,099 people employed. The Retail Trade and Manufacturing industries make up 17 and 12 percent of total employment, respectively.

Manufacturing since the year 2001 lost the most jobs in Georgetown County. The sector faced a loss of 704 total jobs during the period, accounting for 24.3 percent of the employment in the industry. This made up a total of 51.7 percent of the total loss in employment during the period.

Real estate and rental and leasing saw the biggest increase in jobs since the year 2001 in Georgetown County, growing by 124.9 percent. This is greater than the industry employment change in the United States of 4.3 percent. The State of South Carolina underwent a employment change in the industry of 7.6 percent, during the time since 2001.

In Georgetown County, Agriculture, forestry, fishing and hunting, Arts, entertainment, and recreation and Real estate and rental and leasing industries have the highest United States location quotient (LQ). The Agriculture, forestry, fishing and hunting industry has a US LQ in the county of 2.65. This means the percent of total employment in the Agriculture, forestry, fishing and hunting sector is 2.65 times the percent of the national average, This signifies that Georgetown may be an exporter of products or services of Agriculture, forestry, fishing and hunting.







Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW).

 

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