Friday, February 23, 2007

Hardeman County Five-Year Industry Employment Change

Of the 20 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 12 accounted an for increase in employment during the period and 8 industries reported a drop in employment.

Total Five-Year Employment Decline in Hardeman County

Given the industries in the area, the Depository credit intermediation industry has lost the most employment with a total loss of 64 jobs during the period. The employment lost in the Depository credit intermediation industry make up 30.9 percent of the total employment decline in Hardeman County, Tennessee.

Top 5 Industries
1. Depository credit intermediation (64 jobs lost)
2. Automobile dealers (34 jobs lost)
3. Other specialty trade contractors (28 jobs lost)
4. Limited-service eating places (27 jobs lost)
5. Logging (15 jobs lost)

In Hardeman County, Tennessee, the total number of workers for all sectors has decreased by 141 total jobs between the 2nd Quarter of 2001 and 2nd Quarter of 2006.

Total Five-Year Employment Growth in Hardeman County

The Sawmills and wood preservation industry has grown the most with 48 jobs added during the time period. These new jobs in the Sawmills and wood preservation industry makes up 32.6 percent of the total number of new jobs in Hardeman County.

Top 5 Industries
1. Sawmills and wood preservation (48 new jobs)
2. Offices of physicians (31 new jobs)
3. General freight trucking (30 new jobs)
4. Building equipment contractors (15 new jobs)
5. Offices of dentists (11 new jobs)

The total number of jobs has decreased by 2.6 percent from the reported values in 2001. These values are greater than growth in the State of Tennessee, which went through a gain of 3.3 percent since 2001 ( 2nd Quarter). The losses the area experienced were greater than than the gain seen for the United States of 2.6 percent.

Hardeman County Five-Year Percentage Growth in Employment

The Offices of physicians industry has gone through the largest job growth by percent, increasing by 104.4 percent from 2001 to 2006. This industry in Hardeman County has increased employment faster than the growth seen in the industry for Tennessee, where the industry felt a gain of 21.6 percent. The Offices of physicians industry in Hardeman County outpaced the national average, which felt a gained 12.4 percent in this industry.

Top 5 Industries
1. Offices of physicians (104.4 percent gain)
2. Building equipment contractors (58.7 percent gain)
3. Offices of dentists (58.6 percent gain)
4. Sawmills and wood preservation (36.9 percent gain)
5. General freight trucking (32.4 percent gain)

Hardeman County Five-Year Percentage Decline in Employment

The Other specialty trade contractors industry has lost the largest amount of employment in terms of percentage, losing 55 percent from 2001 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry has seen in the Tennessee, where the industry reported a gain of 28.5 percent. The losses in the Other specialty trade contractors industry in Hardeman County outpaced the losses of nation as a whole in the industry. In this time period, the nation gained 22.3 in percent of workers in the Other specialty trade contractors industry.

Top 5 Industries
1. Other specialty trade contractors (55 percent decline)
2. Traveler accommodation (48.3 percent decline)
3. Residential building construction (40 percent decline)
4. Automobile dealers (39.1 percent decline)
5. Logging (37.9 percent decline)





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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