Monday, October 30, 2006

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

Educational services has seen the highest growth in employment from the years 2001-2005 in Putnam County, with an employment growth of 220 percent. This is greater than the rate of industry employment change in the United States of 13.8 percent. The State of Tennessee experienced a change in employment in the sector of 19 percent, since the year 2001.

In Putnam County, Manufacturing, Retail Trade and Accommodation and food services have the highest US LQ in 2005. The Manufacturing sector in the county has a location quotient of 2.31. In other words, the percent of total jobs in the Manufacturing industry is 2.31 times more than the average percent in the United States, revealing signs that Putnam specializes in Manufacturing.

The Transportation and Warehousing has seen the largest decrease in industry presence in Putnam County since the year 2001. The industry went from accounting for 5.5 percent of total employment in 2001 to 0 percent in 2005.

Manufacturing has a largest number of employee per establishment in Putnam County. The industry averages 61 workers per each place of employment, being greater than the US industry average of 39 and greater than the Tennessee average establishment size of 56 for the Manufacturing industry.

In Putnam County, Manufacturing, Retail Trade, and the Accommodation and food services sectors, in terms of total employment, are the largest. Manufacturing produces the largest number of jobs in the area accounting for 29.7 percent of total employment in the county, making up 7,601 individuals. The Retail Trade and Accommodation and food services industries make up 16.4 and 10.4 percent of industry employment.







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

 

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