Tuesday, October 31, 2006

Employment Report for Lubbock County, Texas -- Annual 2005 Industry Summary

In Lubbock County, Health care and social assistance, Retail Trade, and the Accommodation and food services industries have the largest percent of jobs of all industries. The Health care and social assistance is the major employer in the county making up 17.1 percent of all jobs throughout the county, totaling 16,150 employees. The Retail Trade and Accommodation and food services sectors account for 16 and 14 percent of the total jobs, respectively.

In Lubbock County, Information, Accommodation and food services and Health care and social assistance industries have the highest United States location quotient (LQ). The Information sector has a United State LQ of 2.36. In other words, the percent of total jobs in the Information sector is 2.36 times more than the average percent in the United States, revealing signs that Lubbock may be an exporter of products or services of Information.

Lubbock County is ranked at 13 of 255 total Counties compared to other Counties in State of Texas by total number of jobs in 2005. This position has moved up since the year 2001, when it was ranked 12 of 255 Counties.

Information has the largest businesses in Lubbock County, averaging 55 employees per business. This is greater than the industry's average at the national level of 22 and greater than the Texas establishments size average of 24 for the Information industry.

Manufacturing since the year 2001 lost the most jobs in Lubbock County. The industry was hit with a loss of 1,518 total jobs during the period, accounting for 22.5 percent of employment in the sector. These losses made up 40.3 percent of the total jobs loss in the County.

Management of companies and enterprises from 2001-2005 had the highest increase in employment in Lubbock County, moving a total of 693 percent. This is greater than the rate of employment change across the nation of 1.6 percent. The State of Texas felt a shift in employment in the industry of 70.2 percent, since the year 2001.





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

 

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