Employment Report for Abilene, Texas -- Annual 2005 Industry Summary
Manufacturing is the industry with the largest establishments in Abilene Metro Area. The industry averages 20 jobs per establishment, which is less than the industry's national average of 39 and less than the State of Texas typical size of 38 for the Manufacturing industry.
In Abilene, Mining, Utilities and Retail Trade have the highest US LQ in 2005. The Mining sector has a United State LQ of 6.1. This means the percent of total employment in the Mining industry is 6.1 times more than the average percent in the United States, revealing signs that Abilene may specialize, or be an exporter of Mining.
Mining saw the biggest increase in jobs since the year 2001 in Abilene, rising by 40.2 percent. This is greater than the change of total jobs in the industry for the United States of 4.7 percent. The State of Texas underwent a employment change in the industry of 8.9 percent, during the period.
In Abilene, Retail Trade, Manufacturing, and the Construction sectors are the largest industries, in terms of total number of jobs in 2005. The Retail Trade is the major employer in the Metropolitan Area making up 16.7 percent of the total MSA employment. This totals 8,199 people employed. The Manufacturing and Construction industries make up 6.3 and 5.6 percent of total employment, respectively.
Wholesale trade between the years 2001 and 2005, saw the greatest loss in employment in the Abilene Metro Area. The sector dealt with a loss of 316 jobs, or 12.5 percent of employment in the sector. These losses made up 52.8 percent of the total jobs loss in the Metro Area.
A high-wage industry in Abilene is the wholesale trade sector paying an annual wage of $41,841. Throughout the MSA since the year 2001, the annual average pay of the industry has grown by 15.8 percent or $5,697. The State of Texas has a different economic condition in the wholesale trade industry, ranking in the middle of industries in terms of 2004 annual average wages.
Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW).
In Abilene, Mining, Utilities and Retail Trade have the highest US LQ in 2005. The Mining sector has a United State LQ of 6.1. This means the percent of total employment in the Mining industry is 6.1 times more than the average percent in the United States, revealing signs that Abilene may specialize, or be an exporter of Mining.
Mining saw the biggest increase in jobs since the year 2001 in Abilene, rising by 40.2 percent. This is greater than the change of total jobs in the industry for the United States of 4.7 percent. The State of Texas underwent a employment change in the industry of 8.9 percent, during the period.
In Abilene, Retail Trade, Manufacturing, and the Construction sectors are the largest industries, in terms of total number of jobs in 2005. The Retail Trade is the major employer in the Metropolitan Area making up 16.7 percent of the total MSA employment. This totals 8,199 people employed. The Manufacturing and Construction industries make up 6.3 and 5.6 percent of total employment, respectively.
Wholesale trade between the years 2001 and 2005, saw the greatest loss in employment in the Abilene Metro Area. The sector dealt with a loss of 316 jobs, or 12.5 percent of employment in the sector. These losses made up 52.8 percent of the total jobs loss in the Metro Area.
A high-wage industry in Abilene is the wholesale trade sector paying an annual wage of $41,841. Throughout the MSA since the year 2001, the annual average pay of the industry has grown by 15.8 percent or $5,697. The State of Texas has a different economic condition in the wholesale trade industry, ranking in the middle of industries in terms of 2004 annual average wages.
Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW).
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