Employment Report for San Antonio, Texas -- Annual 2005 Industry Summary
Manufacturing between the years 2001 and 2005, saw the greatest loss in employment in the San Antonio Metropolitan Area. The industry was hit with a loss of 9,029 total jobs during the period, accounting for 16.6 percent of employment in the sector. These losses made up 60.2 percent of the total jobs loss in the Metro Area.
In San Antonio, Retail Trade, Health care and social assistance, and the Accommodation and food services sectors, in terms of total employment, are the largest. Retail Trade is the largest employment industry and makes up 14.8 percent of total employment in the Metro Area, making up 92,525 individuals. The Health care and social assistance and Accommodation and food services industries make up 14.1 and 12.8 percent of total employment, respectively.
Accommodation and food services from 2001-2005 had the highest increase in employment in San Antonio, with a job growth of 13.5 percent. This is greater than the United States industry change in employment of 7.6 percent. The State of Texas had an industry job change of 8.8 percent, in the course of time since 2001.
In San Antonio, Finance and insurance, Accommodation and food services and Real estate and rental and leasing industries have the highest United States location quotient (LQ). The Finance and insurance sector has a United State LQ of 1.41. The percent of employment in the Finance and insurance industry is 1.41 times the percent of the national average, This signifies that San Antonio produces more than its local requirement of products and/or services of Finance and insurance.
A high-wage industry in San Antonio is the finance and insurance sector paying an annual wage of $53,489. In the Metropolitan Area since the year 2001, the industry annual average pay has grown by 6 percent or $3,043. The State of Texas holds a similar economic condition in the finance and insurance industry, falling near the top of sectors by 2004 industry pay.
Information has a largest number of employees per establishment in San Antonio MSA. In the region, the industry averages 37 jobs per place of business. This is greater than the US industry average of 22 and greater than the State of Texas average of 24 for the Information industry.
Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW).
In San Antonio, Retail Trade, Health care and social assistance, and the Accommodation and food services sectors, in terms of total employment, are the largest. Retail Trade is the largest employment industry and makes up 14.8 percent of total employment in the Metro Area, making up 92,525 individuals. The Health care and social assistance and Accommodation and food services industries make up 14.1 and 12.8 percent of total employment, respectively.
Accommodation and food services from 2001-2005 had the highest increase in employment in San Antonio, with a job growth of 13.5 percent. This is greater than the United States industry change in employment of 7.6 percent. The State of Texas had an industry job change of 8.8 percent, in the course of time since 2001.
In San Antonio, Finance and insurance, Accommodation and food services and Real estate and rental and leasing industries have the highest United States location quotient (LQ). The Finance and insurance sector has a United State LQ of 1.41. The percent of employment in the Finance and insurance industry is 1.41 times the percent of the national average, This signifies that San Antonio produces more than its local requirement of products and/or services of Finance and insurance.
A high-wage industry in San Antonio is the finance and insurance sector paying an annual wage of $53,489. In the Metropolitan Area since the year 2001, the industry annual average pay has grown by 6 percent or $3,043. The State of Texas holds a similar economic condition in the finance and insurance industry, falling near the top of sectors by 2004 industry pay.
Information has a largest number of employees per establishment in San Antonio MSA. In the region, the industry averages 37 jobs per place of business. This is greater than the US industry average of 22 and greater than the State of Texas average of 24 for the Information industry.
Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW).
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