Saturday, February 24, 2007

Charlotte County Five-Year Industry Employment Change

Charlotte County Five-Year Percentage Growth in Employment

The Gasoline stations industry has witnessed the largest percentage of employment expansion, increasing by 19.1 percent from 2001 to 2006. This industry in Charlotte County has increased employment faster than the industry job growth experienced in Virginia, where the industry took a loss of 6.1 percent. The Gasoline stations industry in Charlotte County outpaced the national average, which felt a lost 6.4 percent of the industry employment.

Top 3 Industries
1. Gasoline stations (19.1 percent gain)
2. Legal services (18.9 percent gain)
3. Building equipment contractors (3.7 percent gain)

Charlotte County Five-Year Percentage Decline in Employment

The Private households industry has lost the largest percent of jobs, losing 55.2 percent from 2001 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry has experienced in the State of Virginia, where the industry felt a loss of 5.6 percent. The losses in the Private households industry in Charlotte County outpaced the United States industry losses overall. During this period, the United States gained 19.8 in percent of jobs in the Private households industry.

Top 5 Industries
1. Private households (55.2 percent decline)
2. Specialized freight trucking (37.6 percent decline)
3. Grocery stores (21.9 percent decline)
4. General freight trucking (7.7 percent decline)
5. Depository credit intermediation (1.1 percent decline)

The total number of jobs has decreased by 26.5 percent from the reported values in 2001. These values are greater than growth in the State of Virginia, which saw a gain of 5.2 percent since 2001 ( 2nd Quarter). The losses were greater than than the gain seen for the United States of 2.6 percent.

Total Five-Year Employment Growth in Charlotte County

Out of the 4-digit NAICS industries, the Gasoline stations industry has brought the most jobs with a total of 12 jobs added during the time period. These new jobs in the Gasoline stations industry makes up 77.8 percent of the total employment growth in Charlotte County.

Top 5 Industries
1. Gasoline stations (12 new jobs)
2. Legal services (2 new jobs)
3. Clothing stores (23 new jobs)
4. Automotive repair and maintenance (13 new jobs)
5. Legal services (11 new jobs)

Given the 8 4-digit NAICS industries, 5 showed an escalation in the number employed, while 3 industry sectors accounting for employment declines during that time period.

Total Five-Year Employment Decline in Charlotte County

Of the area's industries (4-digit NAICS), the Specialized freight trucking industry has lost the most employment with a total loss of 35 jobs in that time period. The declines in the Specialized freight trucking industry make up 44.7 percent of the employment lost during the period in Charlotte County, Virginia.

Top 3 Industries
1. Specialized freight trucking (35 jobs lost)
2. Grocery stores (20 jobs lost)
3. Private households (18 jobs lost)

In Charlotte County, Virginia, the total number of jobs throughout all industries has decreased by 697 jobs between mid-2001 and mid-2006.





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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