In Fannin County, Texas, the aggregate employment for all industry sectors has decreased by 178 jobs from mid-2005 to mid-2006.
Total One-Year Employment Growth in Fannin CountyOf the industries (4-digit NAICS) in the area, the
Depository credit intermediation industry has accounted the most employment growth with a total of 37 new jobs created in the period. The job growth in the
Depository credit intermediation industry makes up 17.7 percent of the growth in Fannin County.
Top 5 Industries 1. Depository credit intermediation (37 new jobs)
2. Other wood product manufacturing (30 new jobs)
3. Other specialty trade contractors (25 new jobs)
4. Services to buildings and dwellings (24 new jobs)
5. Specialized freight trucking (17 new jobs)
Total One-Year Employment Decline in Fannin CountyGiven the industries in the area, the
Grocery stores industry has lost the most employment with a total loss of 19 jobs during the period. The employment lost in the
Grocery stores industry make up 22.9 percent of the employment lost during the period in Fannin County, Texas.
Top 5 Industries 1. Grocery stores (19 jobs lost)
2. Misc. nondurable goods merchant wholesalers (13 jobs lost)
3. Building finishing contractors (10 jobs lost)
4. Full-service restaurants (10 jobs lost)
5. Home health care services (8 jobs lost)
Given the 35 industries with industry data reported by the BLS in each quarter, 13 reported job growth in the duration of the year and 22 industries reported employment loss in the period.
Employment for all industries has decreased by 3.7 percent since the 2nd Quarter figures of 2005. This change is greater than growth in the State of Texas, which went through a gain of 4.0 percent since the 2nd Quarter of 2005. The losses were greater than than the gain seen for the United States of 2.0 percent.
Fannin County One-Year Percentage Decline in EmploymentThe
Professional and similar organizations industry has lost the biggest percent of jobs, losing 31.8 percent from 2005 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry has experienced in the State of Texas, where the industry reported a gain of 2.1 percent. The losses in the
Professional and similar organizations industry in Fannin County outpaced the US in terms of percent of decline of industry employment. The US gained 2 in percent of workers in the
Professional and similar organizations industry.
Top 5 Industries 1. Professional and similar organizations (31.8 percent decline)
2. Building finishing contractors (30.9 percent decline)
3. Offices of other health practitioners (29.1 percent decline)
4. Residential building construction (27.8 percent decline)
5. Printing and related support activities (16 percent decline)
Fannin County One-Year Percentage Growth in EmploymentThe
ISPs and web search portals industry has experienced the largest percentage growth, expanding by 109.8 percent from the 2nd quarter of 2005 to the 2nd quarter of 2006. This industry sector in Fannin County has expanded faster than the growth seen in the industry for Texas, where the industry felt a gain of 4.7 percent. The
ISPs and web search portals industry in Fannin County outpaced the nation in terms of industry employment growth . During this period, the nation gained 4.8 percent of the employment in this industry.
Top 5 Industries 1. ISPs and web search portals (109.8 percent gain)
2. Nonresidential building construction (94.4 percent gain)
3. Accounting and bookkeeping services (77.8 percent gain)
4. Other crop farming (71.1 percent gain)
5. Specialized freight trucking (66.7 percent gain)
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.