Saturday, February 10, 2007

Lynchburg city Five-Year Industry Employment Change

Total industry employment has increased by 0.1 percent since the 2nd Quarter of 2001. This is less than growth in the State of Virginia, which went through a gain of 5.2 percent since 2001 ( 2nd Quarter). The gains in the area were less than than the gain seen for the United States of 2.6 percent.

Lynchburg city Five-Year Percentage Decline in Employment

The Misc. durable goods merchant wholesalers industry has lost the largest amount of employment in terms of percentage, losing 78.5 percent of the jobs from 2001 to 2006. These have declined faster than the industry sector has felt in the State of Virginia, where the industry sector experienced a gain of 4.6 percent. The losses in the Misc. durable goods merchant wholesalers industry in Lynchburg city outpaced the losses of nation as a whole in the industry. In this time period, the nation gained 6.4 percent in terms of employees in the Misc. durable goods merchant wholesalers industry.

Top 5 Industries
1. Misc. durable goods merchant wholesalers (78.5 percent decline)
2. Electronics and appliance stores (69.2 percent decline)
3. Highway, street, and bridge construction (56.9 percent decline)
4. Travel arrangement and reservation services (55.6 percent decline)
5. Business support services (49.2 percent decline)

Lynchburg city Five-Year Percentage Growth in Employment

The Building foundation and exterior contractors industry has seen the largest percentage job growth, expanding by 151.9 percent from 2001 (2nd quarter) to 2006 (2nd quarter). This industry sector in Lynchburg city has grow faster than the industry has grown in the State of Virginia, where the industry felt a gain of 14.6 percent. The Building foundation and exterior contractors industry in Lynchburg city outpaced the national average, which felt a gained 20.8 percent of the industry employment.

Top 5 Industries
1. Building foundation and exterior contractors (151.9 percent gain)
2. Commercial equip. merchant wholesalers (107.1 percent gain)
3. Utility system construction (69.6 percent gain)
4. Architectural and engineering services (68.5 percent gain)
5. Medical and diagnostic laboratories (61.0 percent gain)

Total Five-Year Employment Growth in Lynchburg city

Out of the 4-digit NAICS industries, the Employment services industry has grown the most with 788 total jobs brought in during the period. The growth in the Employment services industry makes up 23.2 percent of the total growth in Lynchburg city.

Top 5 Industries
1. Employment services (788 new jobs)
2. Full-service restaurants (449 new jobs)
3. Management of companies and enterprises (276 new jobs)
4. Architectural and engineering services (273 new jobs)
5. Special food services (209 new jobs)

Of the 91 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 44 accounted an for increase in employment during the period and 45 industries reported a drop in employment.

Total Five-Year Employment Decline in Lynchburg city

Given the industries in the area, the Electronics and appliance stores industry has lost the most employment with a total loss of 531 jobs during the time period. The jobs lost in the Electronics and appliance stores industry make up 20.8 percent of the jobs lost during the period in Lynchburg city, Virginia.

Top 5 Industries
1. Electronics and appliance stores (531 jobs lost)
2. Printing and related support activities (327 jobs lost)
3. Department stores (210 jobs lost)
4. General freight trucking (138 jobs lost)
5. Misc. durable goods merchant wholesalers (116 jobs lost)

In Lynchburg city, Virginia, the aggregate employment for all industry sectors has increased by 68 total jobs from 2001 to 2006.

 

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