Wednesday, January 24, 2007

Austin-Round Rock One-Year Industry Employment Change

The Austin-Round Rock Metro Area: One-Year Percentage Decline in Employment

The Other hospitals industry has seen the largest percentage drop in employment, losing 33.7 percent of the jobs from 2005 to 2006. These have declined faster than the industry sector has gone through in the Texas, where the it saw a gain of 4.5 percent. The losses in the Other hospitals industry in Austin-Round Rock outpaced the US in terms of percent of decline of industry employment. The US gained 4.5 percent in terms of employees in the Other hospitals industry.

Top 5 Industries
1. Other hospitals (33.7 percent decline)
2. Sugar and confectionery product manufacturing (26.6 percent decline)
3. Independent artists, writers, and performers (23 percent decline)
4. Forging and stamping (20.8 percent decline)
5. Office administrative services (17 percent decline)

The total number of jobs has increased by 4.1 percent from 2005 (2nd Quarter). These figures are greater than percent in the State of Texas, which experienced a gain of 4 percent from the 2nd Quarter of 2005. The gains the area experienced were greater than than the gain seen for the United States of 2 percent.

The Austin-Round Rock Metro Area: One-Year Percentage Growth in Employment

The Warehousing and storage industry has witnessed the largest percentage of employment expansion, increasing by 161.2 percent from the 2nd quarter of 2005 to the 2nd quarter of 2006. This industry sector in Austin-Round Rock has expanded faster than the growth seen in the industry for Texas, where it saw a gain of 8 percent. The Warehousing and storage industry in Austin-Round Rock outpaced the nation in terms of industry employment growth . During this period, the nation gained 7.8 percent in this industry.

Top 5 Industries
1. Warehousing and storage (161.2 percent gain)
2. Rubber product manufacturing (59.2 percent gain)
3. Other support activities for transportation (52.2 percent gain)
4. Petroleum and coal products manufacturing (37.7 percent gain)
5. Plywood and engineered wood product mfg. (31.6 percent gain)

Total One-Year Employment Decline in the Austin-Round Rock Metro Area

Given the industries in the area, the Commercial equip. merchant wholesalers industry faced the greatest employment loss with a total loss of 840 jobs during the period. The employment lost in the Commercial equip. merchant wholesalers industry make up 27.4 percent of the total employment decline in Austin-Round Rock, TX.

Top 5 Industries
1. Commercial equip. merchant wholesalers (840 jobs lost)
2. Office administrative services (532 jobs lost)
3. Other hospitals (392 jobs lost)
4. Wired telecommunications carriers (287 jobs lost)
5. Clothing stores (244 jobs lost)

Given the 114 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 33 accounted an for increase in employment during the period and 81 industries reported employment loss in the period.

In the Austin-Round Rock, TX metro area, the total number of jobs throughout all industries has increased by 21,890 total jobs from 2005 to 2006.

Total One-Year Employment Growth in the Austin-Round Rock Metro Area

The Limited-service eating places industry has accounted the most employment growth with a total of 1,349 new jobs created in the period. The job growth in the Limited-service eating places industry makes up 10.5 percent of the total number of new jobs in Austin-Round Rock.

Top 5 Industries
1. Limited-service eating places (1,349 new jobs)
2. Building equipment contractors (1,322 new jobs)
3. Management and technical consulting services (882 new jobs)
4. General medical and surgical hospitals (763 new jobs)
5. Warehousing and storage (746 new jobs)





About: This report is part 1 of 6 in the eCanned.com Industry Analysis Series.

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

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