Monday, October 30, 2006

Employment Report for Lincoln County, Tennessee -- Annual 2005 Industry Summary

In Lincoln County, Manufacturing, Retail Trade, and the Accommodation and food services industries are the largest employment industries. The Manufacturing produces the largest number of jobs in the area accounting for 42.2 percent of the total county employment. This totals 2,856 individuals. The Retail Trade and Accommodation and food services sectors provide 16.3 and 9.9 percent of total employment, respectively.

Finance and insurance has seen the highest growth in employment from the years 2001-2005 in Lincoln County, growing by 39.1 percent. This is greater than the change in industry employment in the United States of 4.8 percent. The State of Tennessee had an industry job change of 2.2 percent, in the period of time since 2001.

The Health care and social assistance industry decreased the most in percent of total employment in Lincoln County since 2001, going from making up 7 percent of employment in 2001 to 0 percent in the year 2005.

Manufacturing is the industry with the largest establishments in Lincoln County, averaging 65 employees per business. This is greater than the industry's average in the United States of 39 and greater than the Tennessee typical size of 56 for the Manufacturing industry.

In Lincoln County, Manufacturing, Retail Trade and Accommodation and food services have the highest US LQ in 2005. The Manufacturing sector has a United State LQ of 3.29. The percent of employment in the Manufacturing industry is 3.29 times more than the average percent in the United States, revealing signs that Lincoln may be an exporter of products or services of Manufacturing.







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

 

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