Saturday, February 24, 2007

Smith County Five-Year Industry Employment Change

Total Five-Year Employment Decline in Smith County

Given the industries in the area, the HVAC and commercial refrigeration equipment industry has lost the most employment with a total loss of 1,333 jobs. The declines in the HVAC and commercial refrigeration equipment industry make up 32.1 percent of the jobs lost during the period in Smith County, Texas.

Top 5 Industries
1. HVAC and commercial refrigeration equipment (1,333 jobs lost)
2. Activities related to real estate (404 jobs lost)
3. Insurance carriers (333 jobs lost)
4. Other general merchandise stores (181 jobs lost)
5. Other miscellaneous store retailers (179 jobs lost)

Total Five-Year Employment Growth in Smith County

Out of the 4-digit NAICS industries, the Home health care services industry has grown the most with 1,107 new jobs created in the period. The job growth in the Home health care services industry makes up 11.1 percent of the total growth in Smith County.

Top 5 Industries
1. Home health care services (1,107 new jobs)
2. Limited-service eating places (903 new jobs)
3. Full-service restaurants (782 new jobs)
4. General medical and surgical hospitals (767 new jobs)
5. Employment services (638 new jobs)

Of the 131 industries with industry data reported by the BLS in each quarter, 62 reported job growth in the duration of the last five years and 68 industry sectors accounting for employment declines during that time period.

In Smith County, Texas, the entire sum of jobs in all industries overall has increased by 6,882 jobs from mid-2001 to mid-2006.

Employment for all industries has increased by 9.6 percent from the reported values in 2001. These values are greater than percent in the State of Texas, experiencing a gain of 4.8 percent since the 2nd Quarter of 2001. The gains felt were greater than than the gain felt at the national level of 2.6 percent.

Smith County Five-Year Percentage Growth in Employment

The Unclassified industry has seen the largest percentage job growth, expanding by 1542.1 percent from the 2nd quarter of 2001 to the 2nd quarter of 2006. This industry sector in Smith County has grow faster than the growth seen in the industry for Texas, where the industry took a gain of 222.1 percent. The Unclassified industry in Smith County outpaced the national average, which felt a gained 1.7 percent of the employment in this industry.

Top 5 Industries
1. Unclassified (1542.1 percent gain)
2. Specialized freight trucking (277.0 percent gain)
3. Remediation and other waste services (213.3 percent gain)
4. Furniture stores (139.0 percent gain)
5. Professional and similar organizations (126.4 percent gain)

Smith County Five-Year Percentage Decline in Employment

The Support activities for air transportation industry has lost the biggest percent of jobs, losing 79.5 percent from 2001 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry has experienced in the State of Texas, where the industry reported a gain of 18.2 percent. The losses in the Support activities for air transportation industry in Smith County outpaced the United States in terms of percentage decline of industry employment. In this period, the United States gained 8.4 in percent of jobs in the Support activities for air transportation industry.

Top 5 Industries
1. Support activities for air transportation (79.5 percent decline)
2. Activities related to real estate (74.3 percent decline)
3. Insurance carriers (67 percent decline)
4. Business, computer and management training (66 percent decline)
5. Vending machine operators (52.7 percent decline)





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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