Tuesday, October 31, 2006

Employment Report for Chittenden County, Vermont -- Annual 2005 Industry Summary

In Chittenden County, Retail Trade, Health care and social assistance, and the Manufacturing sectors, in terms of total employment, are the largest. Retail Trade is the major employer in the county making up 16.1 percent of total employment in the county, making up 12,917 people employed. The Health care and social assistance and Manufacturing industries total 16 and 15.5 percent of industry employment.

In Chittenden County, Educational services, Health care and social assistance and Manufacturing are the three industries with the highest location quotients. The Educational services sector has a United State LQ of 1.41. The percent of employment in the Educational services industry is 1.41 times the percent of the national average, This signifies that Chittenden specializes in Educational services.

Manufacturing is the industry with the largest establishments in Chittenden County. In the County, the industry averages 57 jobs per place of business. This is greater than the US industry average of 39 and greater than the State of Vermont typical size of 31 for the Manufacturing industry.

Health care and social assistance is the industry that has seen the largest increase in jobs from the year 2001 to the present in Chittenden County, increasing by 9.8 percent. This is less than the rate of employment change across the nation of 10.6 percent. The State of Vermont had an industry job change of 17.8 percent, from 2001 to 2005.

Manufacturing between the years 2001 and 2005, saw the greatest loss in employment in Chittenden County. The industry lost a total of 4,473 jobs, or 26.5 percent of the employment in the industry. This made up a total of 53.8 percent of the total loss in employment during the period.







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

 

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