Saturday, November 04, 2006

Employment Report for El Paso, Texas -- Annual 2005 Industry Summary

In El Paso, Retail Trade, Health care and social assistance, and the Accommodation and food services sectors, in terms of total employment, are the largest. Retail Trade provides the most jobs and contributes 16.8 percent of all the jobs in the Metropolitain Area. This makes up 33,110 individuals. The Health care and social assistance and Accommodation and food services industries total 15.1 and 12 percent of the total jobs, respectively.

Utilities has the largest businesses in El Paso Metro Area. The industry averages 55 jobs per place of business. This is greater than the industry's average at the national level of 34 and greater than the Texas average of 26 for the Utilities industry.

The El Paso Metropolitan Area ranks 90 of 363 throughout the US according to the relatively size of the employment base in the year 2005. This ranking has slipped behind since the year 2001, when it was ranked 88 of 363 Counties.

Manufacturing saw the largest loss of employment between the years 2001-2005 in the El Paso MSA. The sector faced a loss of 11,825 jobs, or 34.1 percent of jobs in the industry. The losses in this industry made up 88.5 percent of all Metro Area employment losses since 2001.

A top paying industry in El Paso is the utilities industry with an average annual wage of $57,302. Locally, since the year 2001, the industry annual average wages have declined by 33 percent or $28,255. The State of Texas holds a similar economic condition in the utilities sector, placing near the top of sectors according to average 2004 industry pay.

Health care and social assistance is the industry with the largest change in employment since the year 2001 in El Paso, growing by 30.4 percent. This is greater than the rate of employment change across the nation of 10.6 percent. The State of Texas encountered a change in industry employment of 14.5 percent, in the course of time since 2001.

The Manufacturing industry decreased the most in percent of total employment in the El Paso Metro Area, from the year 2001 to 2005, accounting for 18.1 percent of employment in 2001 to 11.6 percent in 2005.

In El Paso, Transportation and Warehousing, Administrative and waste services and Accommodation and food services industries, in terms of United States location quotient, are the most dominant in the region. The Transportation and Warehousing sector has a United State LQ of 1.55. This means the percent of total employment in the Transportation and Warehousing industry is 1.55 times greater than the US average, showing signs that El Paso may specialize, or be an exporter of Transportation and Warehousing.

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

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