Saturday, February 24, 2007

Franklin County Five-Year Industry Employment Change

Total Five-Year Employment Decline in Franklin County

The Private households industry faced the greatest employment loss with a total loss of 133 jobs during the time period. The jobs lost in the Private households industry make up 30.4 percent of the employment lost during the period in Franklin County, Vermont.

Top 5 Industries
1. Private households (133 jobs lost)
2. Dairy product manufacturing (52 jobs lost)
3. General freight trucking (42 jobs lost)
4. Specialized freight trucking (23 jobs lost)
5. Grocery and Related Product Wholesalers (22 jobs lost)

Out of the 56 4-digit NAICS industries, 28 showed an escalation in the number employed, while 25 industries reported a drop in employment.

Total Five-Year Employment Growth in Franklin County

The Nursing care facilities industry has accounted the most employment growth with a total of 99 employees finding new jobs in the industry. The employment growth in the Nursing care facilities industry makes up 12.4 percent of the total employment growth in Franklin County.

Top 5 Industries
1. Nursing care facilities (99 new jobs)
2. Freight transportation arrangement (88 new jobs)
3. Clothing stores (62 new jobs)
4. Management and technical consulting services (56 new jobs)
5. Offices of physicians (52 new jobs)

In Franklin County, Vermont, the entire sum of jobs in all industries overall has decreased by 162 jobs between mid-2001 and mid-2006.

Franklin County Five-Year Percentage Growth in Employment

The Clothing stores industry has experienced the largest percentage growth, expanding by 220.2 percent from 2001 to 2006. This industry in Franklin County has added employment faster than the industry has grown in the State of Vermont, where it saw a gain of 14.2 percent. The Clothing stores industry in Franklin County outpaced the nation in terms of industry employment growth . During this period, the nation gained 12.5 percent.

Top 5 Industries
1. Clothing stores (220.2 percent gain)
2. Management and technical consulting services (198.8 percent gain)
3. Freight transportation arrangement (123.9 percent gain)
4. Services to buildings and dwellings (100.0 percent gain)
5. Investigation and security services (56.5 percent gain)

Franklin County Five-Year Percentage Decline in Employment

The Private households industry has seen the largest percentage drop in employment, losing 84.9 percent of the jobs from the 2nd quarter of 2001 to 2nd quarter of 2006. The losses of the area have declined faster than the industry has seen in the Vermont, where the industry reported a loss of 54.2 percent. The losses in the Private households industry in Franklin County outpaced the United States industry losses overall. During this period, the United States gained 19.8 percent in terms of employment in the Private households industry.

Top 5 Industries
1. Private households (84.9 percent decline)
2. Grocery and Related Product Wholesalers (44.2 percent decline)
3. Lessors of real estate (33.3 percent decline)
4. General freight trucking (31.6 percent decline)
5. Computer systems design and related services (27.8 percent decline)

Total industry employment has decreased by 1.3 percent from 2001 (2nd Quarter). These figures are greater than percent in the State of Vermont, experiencing a gain of 0.3 percent from the 2nd Quarter of 2001. The losses the area experienced 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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