Employment Report for Amarillo, Texas -- Annual 2005 Industry Summary
In Amarillo, Retail Trade, Manufacturing, and the Wholesale trade 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 16.1 percent of all the jobs in the Metropolitain Area. This makes up 13,783 people employed. The Manufacturing and Wholesale trade industries total 14 and 6.4 percent of total employment, respectively.
In Amarillo, Utilities, Wholesale trade and Retail Trade are the three industries with the highest location quotients. The Utilities industry has a US LQ in the region of 1.41. The level of employment in the Utilities sector is 1.41 times the percent of the national average, This signifies that Amarillo may be an exporter of products or services of Utilities.
Manufacturing is the industry with the largest establishments in Amarillo Metropolitan Area (MSA), averaging 49 jobs per establishment, which is greater than the industry's average at the national level of 39 and greater than the Texas establishments size average of 38 for the Manufacturing industry.
Management of companies and enterprises has seen the highest growth in employment from the years 2001-2005 in Amarillo, with a job growth of 840.2 percent. This is greater than the national sector change of 1.6 percent. The State of Texas underwent a employment change in the industry of 70.2 percent, in the course of time since 2001.
An industry with high wages in Amarillo is the management of companies and enterprises sector paying an annual wage of $42,571. Locally, since the year 2001, the annual average wages in the industry have declined by 55.9 percent or $53,968. The State of Texas holds a similar job market in the management of companies and enterprises sector, placing near the top of sectors by 2004 industry pay.
Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW).
In Amarillo, Utilities, Wholesale trade and Retail Trade are the three industries with the highest location quotients. The Utilities industry has a US LQ in the region of 1.41. The level of employment in the Utilities sector is 1.41 times the percent of the national average, This signifies that Amarillo may be an exporter of products or services of Utilities.
Manufacturing is the industry with the largest establishments in Amarillo Metropolitan Area (MSA), averaging 49 jobs per establishment, which is greater than the industry's average at the national level of 39 and greater than the Texas establishments size average of 38 for the Manufacturing industry.
Management of companies and enterprises has seen the highest growth in employment from the years 2001-2005 in Amarillo, with a job growth of 840.2 percent. This is greater than the national sector change of 1.6 percent. The State of Texas underwent a employment change in the industry of 70.2 percent, in the course of time since 2001.
An industry with high wages in Amarillo is the management of companies and enterprises sector paying an annual wage of $42,571. Locally, since the year 2001, the annual average wages in the industry have declined by 55.9 percent or $53,968. The State of Texas holds a similar job market in the management of companies and enterprises sector, placing near the top of sectors by 2004 industry pay.
Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW).
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