Tuesday, October 31, 2006

Employment Report for Prince George County, Virginia -- Annual 2005 Industry Summary

Transportation and Warehousing is the industry with the largest establishments in Prince George County, averaging 64 jobs per place of business. This is greater than the industry's national average of 19 and greater than the Virginia establishments size average of 19 for the Transportation and Warehousing industry.

In Prince George County, Transportation and Warehousing, Administrative and waste services and Construction are the three industries with the highest location quotients. The Transportation and Warehousing industry has an LQ of 4.86. This means the percent of total employment in the Transportation and Warehousing sector is 4.86 times greater than the US average, showing signs that Prince George County produces more than its local requirement of products and/or services of Transportation and Warehousing.

In Prince George County, Administrative and waste services, Transportation and Warehousing, and the Manufacturing sectors, in terms of total employment, are the largest. Administrative and waste services provides the most jobs and contributes 21.7 percent of the total county employment. This totals 1,307 individuals. The Transportation and Warehousing and Manufacturing sectors account for 18 and 13.9 percent of all employment.

The Retail Trade sector has decreased the most in local industry presence in Prince George County since the year 2001. The industry went from accounting for 8.1 percent of employment in 2001 to 0 percent in 2005.

Information saw the biggest increase in jobs since the year 2001 in Prince George County, with an employment growth of 200 percent. This is greater than the change in industry employment in the United States of -14.9 percent. The State of Virginia experienced a sector employment shift of -21.8 percent, during the period of 2001 to 2005.







Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW).

 

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