Saturday, February 24, 2007

Hanover County Five-Year Industry Employment Change

Of the 93 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 34 showed an escalation in the number employed, while 59 industry sectors accounting for employment declines during that time period.

Total Five-Year Employment Decline in Hanover County

The Accounting and bookkeeping services industry faced the greatest employment loss with a total loss of 152 jobs in that time period. The declines in the Accounting and bookkeeping services industry make up 12.1 percent of the total job loss in Hanover County, Virginia.

Top 5 Industries
1. Accounting and bookkeeping services (152 jobs lost)
2. Health and personal care stores (87 jobs lost)
3. Management of companies and enterprises (86 jobs lost)
4. Utility system construction (79 jobs lost)
5. Misc. nondurable goods merchant wholesalers (77 jobs lost)

In Hanover County, Virginia, the total number of workers for all sectors has increased by 3,492 total jobs between the 2nd Quarter of 2001 and 2nd Quarter of 2006.

Total Five-Year Employment Growth in Hanover County

Out of the 4-digit NAICS industries, the Services to buildings and dwellings industry has accounted the most employment growth with a total of 499 jobs added during the time period. These new jobs in the Services to buildings and dwellings industry makes up 11.8 percent of the total employment growth in Hanover County.

Top 5 Industries
1. Services to buildings and dwellings (499 new jobs)
2. Building equipment contractors (291 new jobs)
3. Other specialty trade contractors (279 new jobs)
4. Residential building construction (255 new jobs)
5. Automotive repair and maintenance (181 new jobs)

Hanover County Five-Year Percentage Decline in Employment

The Advertising and related services industry has seen the largest percentage drop in employment, losing 69.8 percent from 2001 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry has seen in the Virginia, where the industry reported a loss of 1.1 percent. The losses in the Advertising and related services industry in Hanover County outpaced the losses of nation as a whole in the industry. In this time period, the nation lost 6.4 in percent of workers in the Advertising and related services industry.

Top 5 Industries
1. Advertising and related services (69.8 percent decline)
2. Petroleum merchant wholesalers (65.1 percent decline)
3. Electronic equipment repair and maintenance (64.1 percent decline)
4. Misc. durable goods merchant wholesalers (58.3 percent decline)
5. Accounting and bookkeeping services (57.1 percent decline)

Hanover County Five-Year Percentage Growth in Employment

The Other motor vehicle dealers industry has seen the largest percentage job growth, expanding by 287.2 percent from 2001 (2nd quarter) to 2006 (2nd quarter). This industry sector in Hanover County has added employment faster than the overall industry growth seen in the State of Virginia, where it saw a gain of 10.8 percent. The Other motor vehicle dealers industry in Hanover County outpaced the United States, which experienced a gained 25.2 percent.

Top 5 Industries
1. Other motor vehicle dealers (287.2 percent gain)
2. Scientific research and development services (185.2 percent gain)
3. Other miscellaneous store retailers (159.9 percent gain)
4. Support activities for road transportation (157.1 percent gain)
5. Other schools and instruction (108.3 percent gain)

Employment for all industries has increased by 9.8 percent since the 2nd Quarter of 2001. This is greater than growth in the State of Virginia, which went through a gain of 5.2 percent since the 2nd Quarter of 2001. The gains in the area were greater than than the gain reported at the US level of 2.6 percent.





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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