Friday, February 23, 2007

Horry County Five-Year Industry Employment Change

Given the 127 industries with industry data reported by the BLS in each quarter, 34 showed an escalation in the number employed, while 91 industry sectors accounting for employment declines during that time period.

In Horry County, South Carolina, the entire sum of jobs in all industries overall has increased by 16,597 jobs between mid-2001 and mid-2006.

Total Five-Year Employment Growth in Horry County

Out of the 4-digit NAICS industries, the Full-service restaurants industry has added the most employment with 3,398 new jobs created in the period. The job growth in the Full-service restaurants industry makes up 15.4 percent of the total growth in Horry County.

Top 5 Industries
1. Full-service restaurants (3,398 new jobs)
2. Traveler accommodation (1,557 new jobs)
3. Residential building construction (1,400 new jobs)
4. Building equipment contractors (1,300 new jobs)
5. Other specialty trade contractors (910 new jobs)

Total Five-Year Employment Decline in Horry County

The Department stores industry faced the greatest employment loss with a total loss of 626 jobs during the time period. The jobs lost in the Department stores industry make up 21.4 percent of the jobs lost during the period in Horry County, South Carolina.

Top 5 Industries
1. Department stores (626 jobs lost)
2. Home furnishings stores (333 jobs lost)
3. Computer systems design and related services (284 jobs lost)
4. Highway, street, and bridge construction (231 jobs lost)
5. Printing and related support activities (201 jobs lost)

Horry County Five-Year Percentage Decline in Employment

The Computer systems design and related services industry has seen the largest percentage drop in employment, losing 74.9 percent from 2001 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry sector has felt in the State of South Carolina, where the industry reported a loss of 13 percent. The losses in the Computer systems design and related services industry in Horry County outpaced the US in terms of percent of decline of industry employment. The US lost 3.1 in percent of jobs in the Computer systems design and related services industry.

Top 5 Industries
1. Computer systems design and related services (74.9 percent decline)
2. Promoters of performing arts and sports (74.5 percent decline)
3. Printing and related support activities (52.3 percent decline)
4. Other personal services (46.1 percent decline)
5. Home furnishings stores (45.3 percent decline)

Employment for all industries has increased by 18.8 percent since the 2nd Quarter of 2001. This is greater than growth in South Carolina, which went through a gain of 3.2 percent since the 2nd Quarter of 2001. The gains in the area were greater than than the gain felt at the national level of 2.6 percent.

Horry County Five-Year Percentage Growth in Employment

The Warehousing and storage industry has seen the largest percentage job growth, expanding by 492.9 percent from the 2001 (Q2) to the 2006 (Q2). This industry in Horry County has added employment faster than the growth seen in the industry for South Carolina, where this industry saw a gain of 13.7 percent. The Warehousing and storage industry in Horry County outpaced the US in terms of percent growth of industry employment. During this period, the US gained 22.1 percent in this industry.

Top 5 Industries
1. Warehousing and storage (492.9 percent gain)
2. Activities related to credit intermediation (408.5 percent gain)
3. Lumber and const. supply merchant wholesalers (399.4 percent gain)
4. Other professional and technical services (155.7 percent gain)
5. Residential building construction (149.2 percent gain)





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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