Employment Report for Lubbock, Texas -- Annual 2005 Industry Summary
Health care and social assistance has the largest businesses in Lubbock MSA, with the industry averaging 23 employees per business. This is greater than the industry's average at the national level of 21 and greater than the Texas typical size of 21 for the Health care and social assistance industry.
Educational services saw the biggest increase in jobs since the year 2001 in Lubbock, with an industry growth of 13.7 percent. This is less than the industry job change at the national level of 13.8 percent. The State of Texas had changed in sector employment of 14.9 percent, in the duration of 2001 to 2005.
The Lubbock Metropolitan Area is ranked at 165 of 363 throughout the US in terms the size of total employment in 2005. This ranking has slipped behind during the time of 2001 and 2005. The Metropolitan Area, in the year 2001, was ranked 162 of 363 Counties.
In Lubbock, Health care and social assistance, Retail Trade, and the Wholesale trade sectors are the largest industries, in terms of total number of jobs in 2005. The Health care and social assistance is the largest employment industry and makes up 17.1 percent of total employment in the Metro Area, making up 16,411 employees. The Retail Trade and Wholesale trade industries total 16 and 6 percent of all employment.
A high-wage industry in Lubbock is the wholesale trade sector with an annual pay of $41,330. Locally, since the year 2001, the annual average wages in the industry have grown by 19.4 percent or $6,706. The State of Texas has a different employment climate in the wholesale trade industry, ranking in the middle of sectors by 2004 industry pay.
The Accommodation and food services industry decreased the most in percent of total employment in the Lubbock MSA, since the year 2001, moving from making up 13.4 percent of total employment in 2001 to 0 percent of total employment in the year 2005.
In Lubbock, Health care and social assistance, Retail Trade and Wholesale trade industries have the highest United States location quotient (LQ). The Health care and social assistance sector in the county has a location quotient of 1.32. In other words, the percent of total jobs in the Health care and social assistance industry is 1.32 times greater than the national average, signifying that Lubbock produces more than its local requirement of products and/or services of Health care and social assistance.
Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW).
Educational services saw the biggest increase in jobs since the year 2001 in Lubbock, with an industry growth of 13.7 percent. This is less than the industry job change at the national level of 13.8 percent. The State of Texas had changed in sector employment of 14.9 percent, in the duration of 2001 to 2005.
The Lubbock Metropolitan Area is ranked at 165 of 363 throughout the US in terms the size of total employment in 2005. This ranking has slipped behind during the time of 2001 and 2005. The Metropolitan Area, in the year 2001, was ranked 162 of 363 Counties.
In Lubbock, Health care and social assistance, Retail Trade, and the Wholesale trade sectors are the largest industries, in terms of total number of jobs in 2005. The Health care and social assistance is the largest employment industry and makes up 17.1 percent of total employment in the Metro Area, making up 16,411 employees. The Retail Trade and Wholesale trade industries total 16 and 6 percent of all employment.
A high-wage industry in Lubbock is the wholesale trade sector with an annual pay of $41,330. Locally, since the year 2001, the annual average wages in the industry have grown by 19.4 percent or $6,706. The State of Texas has a different employment climate in the wholesale trade industry, ranking in the middle of sectors by 2004 industry pay.
The Accommodation and food services industry decreased the most in percent of total employment in the Lubbock MSA, since the year 2001, moving from making up 13.4 percent of total employment in 2001 to 0 percent of total employment in the year 2005.
In Lubbock, Health care and social assistance, Retail Trade and Wholesale trade industries have the highest United States location quotient (LQ). The Health care and social assistance sector in the county has a location quotient of 1.32. In other words, the percent of total jobs in the Health care and social assistance industry is 1.32 times greater than the national average, signifying that Lubbock produces more than its local requirement of products and/or services of Health care and social assistance.
Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW).
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