Saturday, February 24, 2007

Potter County Five-Year Industry Employment Change

Potter County Five-Year Percentage Decline in Employment

The Other miscellaneous manufacturing industry has lost the largest percent of jobs, losing 74.6 percent of the jobs from 2001 to 2006. These have declined faster than the industry sector has felt in the State of Texas, where the industry sector experienced a loss of 10.2 percent. The losses in the Other miscellaneous manufacturing industry in Potter County outpaced the US in terms of percent of decline of industry employment. The US lost 16 percent in terms of employees in the Other miscellaneous manufacturing industry.

Top 5 Industries
1. Other miscellaneous manufacturing (74.6 percent decline)
2. Advertising and related services (67.5 percent decline)
3. Rubber product manufacturing (61.3 percent decline)
4. Other schools and instruction (60 percent decline)
5. Lawn and garden equipment and supplies stores (57 percent decline)

Employment for all industries has decreased by 4.2 percent from 2001 (2nd Quarter). These figures are greater than percent in Texas, which experienced a gain of 4.8 percent since the 2nd Quarter of 2001. The losses were greater than than the gain seen for the United States of 2.6 percent.

Potter County Five-Year Percentage Growth in Employment

The Management of companies and enterprises industry has seen the largest percentage job growth, expanding by 860.9 percent from 2001 to 2006. This industry in Potter County has grow faster than the growth seen in the industry for Texas, where the industry took a gain of 79 percent. The Management of companies and enterprises industry in Potter County outpaced the United States, which experienced a gained 3.5 percent of the industry employment.

Top 5 Industries
1. Management of companies and enterprises (860.9 percent gain)
2. Management and technical consulting services (753.6 percent gain)
3. Unclassified (292.7 percent gain)
4. Bakeries and tortilla manufacturing (285.4 percent gain)
5. Technical and trade schools (281.2 percent gain)

Total Five-Year Employment Decline in Potter County

From of the area's 4-digit NAICS industries, the Limited-service eating places industry faced the greatest employment loss with a total loss of 564 jobs in that time period. The declines in the Limited-service eating places industry make up 8.8 percent of the total job loss in Potter County, Texas.

Top 5 Industries
1. Limited-service eating places (564 jobs lost)
2. Full-service restaurants (467 jobs lost)
3. General freight trucking (367 jobs lost)
4. Home health care services (336 jobs lost)
5. Depository credit intermediation (272 jobs lost)

Total Five-Year Employment Growth in Potter County

Out of the 4-digit NAICS industries, the Management of companies and enterprises industry has accounted the most employment growth with a total of 528 jobs added during the time period. These new jobs in the Management of companies and enterprises industry makes up 16.4 percent of the total number of new jobs in Potter County.

Top 5 Industries
1. Management of companies and enterprises (528 new jobs)
2. Management and technical consulting services (352 new jobs)
3. Building foundation and exterior contractors (276 new jobs)
4. Office administrative services (204 new jobs)
5. Outpatient care centers (194 new jobs)

In Potter County, Texas, the aggregate employment for all industry sectors has decreased by 2,628 jobs between mid-2001 and mid-2006.

Of the 119 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 70 showed an escalation in the number employed, while 48 industry sectors reported declines during the time period.





About: This report is part 2 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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