Saturday, February 24, 2007

Bennington County Five-Year Industry Employment Change

Bennington County Five-Year Percentage Decline in Employment

The Misc. nondurable goods merchant wholesalers industry has seen the largest percentage drop in employment, losing 71.8 percent from 2001 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry has seen in the Vermont, where the it saw a loss of 1.6 percent. The losses in the Misc. nondurable goods merchant wholesalers industry in Bennington County outpaced the losses of nation as a whole in the industry. In this time period, the nation lost 1.8 percent in terms of employees in the Misc. nondurable goods merchant wholesalers industry.

Top 5 Industries
1. Misc. nondurable goods merchant wholesalers (71.8 percent decline)
2. Printing and related support activities (68.3 percent decline)
3. Other general purpose machinery manufacturing (57.6 percent decline)
4. General freight trucking (55.8 percent decline)
5. Management and technical consulting services (54.6 percent decline)

The total number of jobs has decreased by 2.4 percent since the 2nd Quarter of 2001. This is greater than growth in Vermont, which saw a gain of 0.3 percent from 2001 (2nd Quarter). The losses the area experienced were greater than than the gain reported at the US level of 2.6 percent.

Bennington County Five-Year Percentage Growth in Employment

The Lawn and garden equipment and supplies stores industry has gone through the largest job growth by percent, increasing by 235.1 percent from the 2001 (Q2) to the 2006 (Q2). This industry in Bennington County has added employment faster than the growth seen in the industry for Vermont, where the industry felt a gain of 35.8 percent. The Lawn and garden equipment and supplies stores industry in Bennington County outpaced the US in terms of percent growth of industry employment. During this period, the US lost 7.2 percent of the employment in this industry.

Top 5 Industries
1. Lawn and garden equipment and supplies stores (235.1 percent gain)
2. Warehousing and storage (180.0 percent gain)
3. Offices of other health practitioners (153.6 percent gain)
4. Plastics product manufacturing (114.4 percent gain)
5. Beer, wine, and liquor stores (91.4 percent gain)

In Bennington County, Vermont, the total number of jobs throughout all industries has decreased by 391 jobs from mid-2001 to mid-2006.

Total Five-Year Employment Decline in Bennington County

Given the industries in the area, the Other general purpose machinery manufacturing industry has lost the most employment with a total loss of 91 jobs. The declines in the Other general purpose machinery manufacturing industry make up 10.5 percent of the total employment decline in Bennington County, Vermont.

Top 5 Industries
1. Other general purpose machinery manufacturing (91 jobs lost)
2. Printing and related support activities (86 jobs lost)
3. Grocery stores (70 jobs lost)
4. Activities related to real estate (64 jobs lost)
5. Department stores (55 jobs lost)

Given the 80 4-digit NAICS industries, 36 reported job growth in the duration of the last five years and 43 industries reported a drop in employment.

Total Five-Year Employment Growth in Bennington County

The Plastics product manufacturing industry has added the most employment with 243 jobs added during the time period. These new jobs in the Plastics product manufacturing industry makes up 20.4 percent of the total number of new jobs in Bennington County.

Top 5 Industries
1. Plastics product manufacturing (243 new jobs)
2. Building material and supplies dealers (126 new jobs)
3. Elementary and secondary schools (100 new jobs)
4. Building equipment contractors (76 new jobs)
5. Limited-service eating places (57 new jobs)





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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