Memphis One-Year Industry Employment Change
Given the 149 4-digit NAICS industries, 63 described an expansion of jobs throughout the time period, while 85 industries reported employment loss in the period.
Total One-Year Employment Decline in the Memphis Metro Area
The Management and technical consulting services industry witnessed the largest drop in employment, losing a total of 552 jobs. The declines in the Management and technical consulting services industry make up 12.8 percent of the employment lost during the period in Memphis, TN-MS-AR.
Top 5 Industries
1. Management and technical consulting services (552 jobs lost)
2. Automobile dealers (233 jobs lost)
3. Other residential care facilities (228 jobs lost)
4. Pulp, paper, and paperboard mills (210 jobs lost)
5. Travel arrangement and reservation services (196 jobs lost)
Total One-Year Employment Growth in the Memphis Metro Area
Of the industries (4-digit NAICS) in the area, the Full-service restaurants industry has accounted the most employment growth with a total of 1,650 new jobs created in the period. The job growth in the Full-service restaurants industry makes up 11.1 percent of the growth in Memphis.
Top 5 Industries
1. Full-service restaurants (1,650 new jobs)
2. Limited-service eating places (1,354 new jobs)
3. HVAC and commercial refrigeration equipment (1,306 new jobs)
4. Employment services (1,230 new jobs)
5. Investigation and security services (509 new jobs)
In the Memphis, TN-MS-AR metro area, the entire sum of jobs in all of the industries has increased by 13,234 jobs between mid-2005 and mid-2006.
The Memphis Metro Area: One-Year Percentage Decline in Employment
The Other residential care facilities industry has lost the largest percent of jobs, losing 57.8 percent of the jobs from the 2nd quarter of 2005 to 2nd quarter of 2006. The losses of the area have declined faster than the industry sector has gone through in the Tennessee, where the industry reported a loss of 9.7 percent. The losses in the Other residential care facilities industry in Memphis outpaced the losses of nation as a whole in the industry. In this time period, the nation lost 0.8 in percent of jobs in the Other residential care facilities industry.
Top 5 Industries
1. Other residential care facilities (57.8 percent decline)
2. Unclassified (51.1 percent decline)
3. Travel arrangement and reservation services (39.7 percent decline)
4. Land subdivision (22.7 percent decline)
5. Religious organizations (21.5 percent decline)
The Memphis Metro Area: One-Year Percentage Growth in Employment
The Sea, coastal, and Great Lakes transportation industry has witnessed the largest percentage of employment expansion, increasing by 308.3 percent from 2005 to 2006. This industry in Memphis has expanded faster than the growth seen in the industry for Tennessee, where it saw a gain of 284.6 percent. The Sea, coastal, and Great Lakes transportation industry in Memphis outpaced the nation in terms of industry employment growth . During this period, the nation gained 3.6 percent of the industry employment.
Top 5 Industries
1. Sea, coastal, and Great Lakes transportation (308.3 percent gain)
2. Other heavy construction (126.8 percent gain)
3. Promoters of performing arts and sports (80.4 percent gain)
4. Wireless telecommunications carriers (76.8 percent gain)
5. HVAC and commercial refrigeration equipment (62.2 percent gain)
Total industry employment has increased by 2.6 percent from 2005 (2nd Quarter). These figures are greater than growth in Tennessee, which experienced a gain of 1.9 percent from 2005 (2nd Quarter). The gains the area experienced were greater than than the gain felt at the national level of 2 percent.
About: This report is part 1 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.
Total One-Year Employment Decline in the Memphis Metro Area
The Management and technical consulting services industry witnessed the largest drop in employment, losing a total of 552 jobs. The declines in the Management and technical consulting services industry make up 12.8 percent of the employment lost during the period in Memphis, TN-MS-AR.
Top 5 Industries
1. Management and technical consulting services (552 jobs lost)
2. Automobile dealers (233 jobs lost)
3. Other residential care facilities (228 jobs lost)
4. Pulp, paper, and paperboard mills (210 jobs lost)
5. Travel arrangement and reservation services (196 jobs lost)
Total One-Year Employment Growth in the Memphis Metro Area
Of the industries (4-digit NAICS) in the area, the Full-service restaurants industry has accounted the most employment growth with a total of 1,650 new jobs created in the period. The job growth in the Full-service restaurants industry makes up 11.1 percent of the growth in Memphis.
Top 5 Industries
1. Full-service restaurants (1,650 new jobs)
2. Limited-service eating places (1,354 new jobs)
3. HVAC and commercial refrigeration equipment (1,306 new jobs)
4. Employment services (1,230 new jobs)
5. Investigation and security services (509 new jobs)
In the Memphis, TN-MS-AR metro area, the entire sum of jobs in all of the industries has increased by 13,234 jobs between mid-2005 and mid-2006.
The Memphis Metro Area: One-Year Percentage Decline in Employment
The Other residential care facilities industry has lost the largest percent of jobs, losing 57.8 percent of the jobs from the 2nd quarter of 2005 to 2nd quarter of 2006. The losses of the area have declined faster than the industry sector has gone through in the Tennessee, where the industry reported a loss of 9.7 percent. The losses in the Other residential care facilities industry in Memphis outpaced the losses of nation as a whole in the industry. In this time period, the nation lost 0.8 in percent of jobs in the Other residential care facilities industry.
Top 5 Industries
1. Other residential care facilities (57.8 percent decline)
2. Unclassified (51.1 percent decline)
3. Travel arrangement and reservation services (39.7 percent decline)
4. Land subdivision (22.7 percent decline)
5. Religious organizations (21.5 percent decline)
The Memphis Metro Area: One-Year Percentage Growth in Employment
The Sea, coastal, and Great Lakes transportation industry has witnessed the largest percentage of employment expansion, increasing by 308.3 percent from 2005 to 2006. This industry in Memphis has expanded faster than the growth seen in the industry for Tennessee, where it saw a gain of 284.6 percent. The Sea, coastal, and Great Lakes transportation industry in Memphis outpaced the nation in terms of industry employment growth . During this period, the nation gained 3.6 percent of the industry employment.
Top 5 Industries
1. Sea, coastal, and Great Lakes transportation (308.3 percent gain)
2. Other heavy construction (126.8 percent gain)
3. Promoters of performing arts and sports (80.4 percent gain)
4. Wireless telecommunications carriers (76.8 percent gain)
5. HVAC and commercial refrigeration equipment (62.2 percent gain)
Total industry employment has increased by 2.6 percent from 2005 (2nd Quarter). These figures are greater than growth in Tennessee, which experienced a gain of 1.9 percent from 2005 (2nd Quarter). The gains the area experienced were greater than than the gain felt at the national level of 2 percent.
About: This report is part 1 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.
