Employment Report for Odessa, Texas -- Annual 2005 Industry Summary
Manufacturing saw the largest loss of employment between the years 2001-2005 in the Odessa Metro Area. The industry lost a total of 991 employees during the period, or 21.5 percent of the employment in the industry. This made up a total of 67 percent of the total jobs loss in the Metro Area.
A top paying industry in Odessa is the utilities sector with an annual pay of $62,783. Locally, since the year 2001, the industry annual average wages have grown by 18 percent or $9,593. The State of Texas has a similar pattern in the utilities industry, ranking near the top of sectors according to average 2004 industry pay.
Educational services is the industry with the largest change in employment since the year 2001 in Odessa, increasing in size by 91.8 percent. This is greater than the change in industry employment in the United States of 13.8 percent. The State of Texas encountered a change in industry employment of 14.9 percent, during the period.
In Odessa, Mining, Wholesale trade and Construction industries have the highest United States location quotient (LQ). The Mining industry has a US LQ in the region of 16.78. The level of employment in the Mining industry is 16.78 times greater than the national average, signifying that Odessa produces more than its local requirement of products and/or services of Mining.
Utilities has a largest number of employees per establishment in Odessa MSA, with the industry averaging 45 employees per business. This is greater than the industry's average in the United States of 34 and greater than the State of Texas establishments size average of 26 for the Utilities industry.
In Odessa, Retail Trade, Accommodation and food services, and the Health care and social assistance 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 15.1 percent of total employment in the Metro Area, making up 6,633 jobs. The Accommodation and food services and Health care and social assistance sectors account for 11.6 and 11.3 percent of industry employment.
Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW).
A top paying industry in Odessa is the utilities sector with an annual pay of $62,783. Locally, since the year 2001, the industry annual average wages have grown by 18 percent or $9,593. The State of Texas has a similar pattern in the utilities industry, ranking near the top of sectors according to average 2004 industry pay.
Educational services is the industry with the largest change in employment since the year 2001 in Odessa, increasing in size by 91.8 percent. This is greater than the change in industry employment in the United States of 13.8 percent. The State of Texas encountered a change in industry employment of 14.9 percent, during the period.
In Odessa, Mining, Wholesale trade and Construction industries have the highest United States location quotient (LQ). The Mining industry has a US LQ in the region of 16.78. The level of employment in the Mining industry is 16.78 times greater than the national average, signifying that Odessa produces more than its local requirement of products and/or services of Mining.
Utilities has a largest number of employees per establishment in Odessa MSA, with the industry averaging 45 employees per business. This is greater than the industry's average in the United States of 34 and greater than the State of Texas establishments size average of 26 for the Utilities industry.
In Odessa, Retail Trade, Accommodation and food services, and the Health care and social assistance 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 15.1 percent of total employment in the Metro Area, making up 6,633 jobs. The Accommodation and food services and Health care and social assistance sectors account for 11.6 and 11.3 percent of industry employment.
Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW).
0 Comments:
Post a Comment
<< Home