Monday, January 22, 2007

Colorado County One-Year Industry Employment Change

Given the 43 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 17 accounted an for increase in employment during the period and 26 industry sectors accounting for employment declines during that time period.

In Colorado County, Texas, the total number of workers for all sectors has increased by 478 total jobs from 2005 to 2006.

Total One-Year Employment Growth in Colorado County

The Specialized freight trucking industry has grown the most with 87 jobs added during the time period. These new jobs in the Specialized freight trucking industry makes up 31.3 percent of the total employment growth in Colorado County.

Top 5 Industries
1. Specialized freight trucking (87 new jobs)
2. Support activities for mining (27 new jobs)
3. General freight trucking (22 new jobs)
4. Depository credit intermediation (19 new jobs)
5. Cement and concrete product manufacturing (18 new jobs)

Total One-Year Employment Decline in Colorado County

Of the area's industries (4-digit NAICS), the Full-service restaurants industry has lost the most employment with a total loss of 7 jobs. The declines in the Full-service restaurants industry make up 12.7 percent of the jobs lost during the period in Colorado County, Texas.

Top 5 Industries
1. Full-service restaurants (7 jobs lost)
2. Nonresidential building construction (6 jobs lost)
3. Oilseed and grain farming (5 jobs lost)
4. General medical and surgical hospitals (5 jobs lost)
5. Unclassified (5 jobs lost)

Total industry employment has increased by 9.1 percent from the reported values in 2005. These values are greater than growth in the State of Texas, which saw a gain of 4.0 percent since the 2nd Quarter of 2005. The gains felt were greater than than the gain seen for the United States of 2.0 percent.

Colorado County One-Year Percentage Growth in Employment

The Specialized freight trucking industry has experienced the largest percentage growth, expanding by 104.4 percent from 2005 to 2006. This industry in Colorado County has increased employment faster than the industry job growth experienced in Texas, where it saw a gain of 8.7 percent. The Specialized freight trucking industry in Colorado County outpaced the United States, which experienced a gained 3.5 percent of the industry employment.

Top 5 Industries
1. Specialized freight trucking (104.4 percent gain)
2. Private households (61.9 percent gain)
3. Professional and similar organizations (44.4 percent gain)
4. Offices of real estate agents and brokers (42.9 percent gain)
5. Support activities for mining (36.3 percent gain)

Colorado County One-Year Percentage Decline in Employment

The Other crop farming industry has seen the largest percentage drop in employment, losing 54.5 percent from 2005 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry sector has felt in the State of Texas, where the industry sector experienced a loss of 3.8 percent. The losses in the Other crop farming industry in Colorado County outpaced the United States in terms of percentage decline of industry employment. In this period, the United States lost 2.9 in percent of jobs in the Other crop farming industry.

Top 5 Industries
1. Other crop farming (54.5 percent decline)
2. Unclassified (45.5 percent decline)
3. Machine shops and threaded product mfg. (13.6 percent decline)
4. Office supplies, stationery, and gift stores (12.5 percent decline)
5. Other animal production (10.8 percent decline)





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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