Montgomery County, Pennsylvania 2006 Labor Force Update

Written by Matt

Wednesday, 30 January 2008

Of the 198 3-digit NAICS industries, 25 experience no change, 85 reported job growth in the duration of the last five years, and 88 industries reported employment loss in the period.The Insurance carriers and related activities industry has grown the most with 18,309 jobs added during the time period. These new jobs in Insurance carriers and related activities makes up 4.2% percent of the total growth in Montgomery County, Pennsylvania. Top Growing Industries: 1. Insurance carriers and related activities (18,309 new jobs) 2. Professional and technical services (8,192 new jobs) 3. Executive, legislative and general government (8,191 new jobs) 4. Amusements, gambling, and recreation (5,569 new jobs) 5. Administrative and support services (3,016 new jobs) In Montgomery County, Pennsylvania, the aggregate employment for all industry sectors has increased by 0.8%, or 3,713 jobs, from 2001 to 2006. Given the industries in the area, the Food services and drinking places industry has lost the most employment with a total loss of 25226 jobs. The declines in Food services and drinking places makes up 7.7% percent of the employment lost during the period in Montgomery County, Pennsylvania. Top Declining Industries: 1. Food services and drinking places (25226 jobs lost) 2. ISPs, search portals, and data processing (5133 jobs lost) 3. Accommodation (2188 jobs lost) 4. Utilities (1781 jobs lost) 5. Transit and ground passenger transportation (1622 jobs lost)

 

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