Monday, January 22, 2007

Bosque County One-Year Industry Employment Change

Bosque County One-Year Percentage Decline in Employment

The Other general merchandise stores industry has seen the largest percentage drop in employment, losing 19 percent of the jobs from the 2nd quarter of 2005 to 2nd quarter of 2006. The losses of the area have declined faster than the industry sector has gone through in the Texas, where the it saw a gain of 1.4 percent. The losses in the Other general merchandise stores industry in Bosque County outpaced the United States industry losses overall. During this period, the United States gained 3.3 in percent of jobs in the Other general merchandise stores industry.

Top 5 Industries
1. Other general merchandise stores (19 percent decline)
2. Offices of dentists (14.3 percent decline)
3. Misc. nondurable goods merchant wholesalers (13 percent decline)
4. Gasoline stations (10.5 percent decline)
5. Other professional and technical services (9.2 percent decline)

Bosque County One-Year Percentage Growth in Employment

The Unclassified industry has witnessed the largest percentage of employment expansion, increasing by 152.9 percent from 2005 (2nd quarter) to 2006 (2nd quarter). This industry sector in Bosque County has expanded faster than the overall industry growth seen in the State of Texas, where the industry felt a gain of 28.8 percent. The Unclassified industry in Bosque County outpaced the nation in terms of industry employment growth . During this period, the nation gained 12.1 percent of the industry employment.

Top 5 Industries
1. Unclassified (152.9 percent gain)
2. Automotive repair and maintenance (86.5 percent gain)
3. Cattle ranching and farming (59.1 percent gain)
4. Private households (18.2 percent gain)
5. Automobile dealers (14.1 percent gain)

Total employment has decreased by 6.6 percent since the 2nd Quarter of 2005. This is greater than growth in Texas, which saw a gain of 4.0 percent since the 2nd Quarter of 2005. The losses were greater than than the gain felt at the national level of 2.0 percent.

Total One-Year Employment Decline in Bosque County

From of the area's 4-digit NAICS industries, the Misc. nondurable goods merchant wholesalers industry witnessed the largest drop in employment, losing a total of 19 jobs. The declines in the Misc. nondurable goods merchant wholesalers industry make up 35.9 percent of the employment lost during the period in Bosque County, Texas.

Top 5 Industries
1. Misc. nondurable goods merchant wholesalers (19 jobs lost)
2. Grocery stores (8 jobs lost)
3. Other general merchandise stores (7 jobs lost)
4. Gasoline stations (5 jobs lost)
5. Offices of dentists (5 jobs lost)

Total One-Year Employment Growth in Bosque County

Of the industries (4-digit NAICS) in the area, the Cattle ranching and farming industry has added the most employment with 32 new jobs created in the period. The job growth in the Cattle ranching and farming industry makes up 53.0 percent of the total number of new jobs in Bosque County.

Top 5 Industries
1. Cattle ranching and farming (32 new jobs)
2. Automotive repair and maintenance (11 new jobs)
3. Unclassified (9 new jobs)
4. Automobile dealers (4 new jobs)
5. Legal services (2 new jobs)

In Bosque County, Texas, the entire sum of jobs in all industries overall has decreased by 180 jobs between mid-2005 and mid-2006.

Given the 16 industries with industry data reported by the BLS in each quarter, 8 showed an escalation in the number employed, while 8 industries reported a drop in employment.





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.

0 Comments:

Post a Comment

<< Home

 

About - © 2007 Ecanned.com  - Contact