Saturday, February 10, 2007

King County Five-Year Industry Employment Change

Total Five-Year Employment Growth in King County

The Software publishers industry has added the most employment with 7,987 total jobs brought in during the period. The growth in the Software publishers industry makes up 10.9 percent of the total growth in King County.

Top 5 Industries
1. Software publishers (7,987 new jobs)
2. Employment services (4,366 new jobs)
3. Individual and family services (4,132 new jobs)
4. Full-service restaurants (3,428 new jobs)
5. Management of companies and enterprises (3,342 new jobs)

Given the 233 industries with industry data reported by the BLS in each quarter, 127 showed an escalation in the number employed, while 106 industries reported a drop in employment.

In King County, Washington, the total number of jobs throughout all industries has decreased by 10,381 total jobs from 2001 to 2006.

Total Five-Year Employment Decline in King County

Given the industries in the area, the Aerospace product and parts manufacturing industry experienced most substantial job loss, losing 11,562 jobs during the period. The employment lost in the Aerospace product and parts manufacturing industry make up 14.3 percent of the total employment decline in King County, Washington.

Top 5 Industries
1. Aerospace product and parts manufacturing (11,562 jobs lost)
2. Computer systems design and related services (4,300 jobs lost)
3. Scheduled air transportation (4,031 jobs lost)
4. Private households (3,281 jobs lost)
5. Insurance carriers (3,253 jobs lost)

King County Five-Year Percentage Growth in Employment

The Facilities support services industry has seen the largest percentage job growth, expanding by 600.3 percent from the 2001 (Q2) to the 2006 (Q2). This industry in King County has grow faster than the growth seen in the industry for Washington, where this industry saw a gain of 88.7 percent. The Facilities support services industry in King County outpaced the US in terms of percent growth of industry employment. During this period, the US gained 25.2 percent of the industry employment.

Top 5 Industries
1. Facilities support services (600.3 percent gain)
2. Other nonmetallic mineral products (341.9 percent gain)
3. Alcoholic beverage merchant wholesalers (247.5 percent gain)
4. Lessors of nonfinancial intangible assets (170.1 percent gain)
5. Fruit and vegetable preserving and specialty (115.8 percent gain)

Total employment has decreased by 1 percent since the 2nd Quarter of 2001. This is greater than percent in the State of Washington, experiencing a gain of 5.3 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.

King County Five-Year Percentage Decline in Employment

The Beer, wine, and liquor stores industry has seen the largest percentage drop in employment, losing 92.5 percent of the jobs from 2001 to 2006. These have declined faster than the industry has experienced in the State of Washington, where the industry sector experienced a loss of 81.1 percent. The losses in the Beer, wine, and liquor stores industry in King County outpaced the US in terms of percent of decline of industry employment. The US lost 3.4 percent in terms of employment in the Beer, wine, and liquor stores industry.

Top 5 Industries
1. Beer, wine, and liquor stores (92.5 percent decline)
2. Other transportation equipment manufacturing (82.7 percent decline)
3. Logging (78.5 percent decline)
4. Vending machine operators (62.9 percent decline)
5. School and employee bus transportation (56.6 percent decline)

 

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