Saturday, February 24, 2007

Thurston County Five-Year Industry Employment Change

Total employment has increased by 19.4 percent from 2001 (2nd Quarter). These figures are greater than growth in Washington, which went through a gain of 5.3 percent since the 2nd Quarter of 2001. The gains the area experienced were greater than than the gain felt at the national level of 2.6 percent.

Thurston County Five-Year Percentage Growth in Employment

The Activities related to credit intermediation industry has seen the largest percentage job growth, expanding by 815.3 percent from 2001 (2nd quarter) to 2006 (2nd quarter). This industry sector in Thurston County has added employment faster than the industry has grown in the State of Washington, where it saw a gain of 39.7 percent. The Activities related to credit intermediation industry in Thurston County outpaced the nation in terms of industry employment growth . During this period, the nation gained 49.5 percent of the industry employment.

Top 5 Industries
1. Activities related to credit intermediation (815.3 percent gain)
2. Scientific research and development services (502.0 percent gain)
3. Land subdivision (470.7 percent gain)
4. Warehousing and storage (359.1 percent gain)
5. Commercial equip. merchant wholesalers (342.6 percent gain)

Thurston County Five-Year Percentage Decline in Employment

The Petroleum merchant wholesalers industry has lost the largest percent of jobs, losing 75 percent from 2001 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry sector has gone through in the Washington, where the industry reported a gain of 2 percent. The losses in the Petroleum merchant wholesalers industry in Thurston County outpaced the losses of nation as a whole in the industry. In this time period, the nation lost 9.9 in percent of workers in the Petroleum merchant wholesalers industry.

Top 5 Industries
1. Petroleum merchant wholesalers (75 percent decline)
2. Wired telecommunications carriers (66.7 percent decline)
3. Beverage manufacturing (59.9 percent decline)
4. Cattle ranching and farming (58.1 percent decline)
5. Bakeries and tortilla manufacturing (53.9 percent decline)

In Thurston County, Washington, the total number of workers for all sectors has increased by 9,874 jobs from mid-2001 to mid-2006.

Total Five-Year Employment Growth in Thurston County

The Business support services industry has accounted the most employment growth with a total of 1,045 new jobs created in the period. The job growth in the Business support services industry makes up 9.0 percent of the total growth in Thurston County.

Top 5 Industries
1. Business support services (1,045 new jobs)
2. Other general merchandise stores (839 new jobs)
3. Limited-service eating places (835 new jobs)
4. Individual and family services (558 new jobs)
5. Commercial equip. merchant wholesalers (483 new jobs)

Out of the 143 4-digit NAICS industries, 42 showed an escalation in the number employed, while 100 industry sectors reported declines during the time period.

Total Five-Year Employment Decline in Thurston County

The Electronics and appliance stores industry experienced most substantial job loss, losing 369 jobs. The declines in the Electronics and appliance stores industry make up 12.2 percent of the total job loss in Thurston County, Washington.

Top 5 Industries
1. Electronics and appliance stores (369 jobs lost)
2. Wired telecommunications carriers (319 jobs lost)
3. Beverage manufacturing (295 jobs lost)
4. Other miscellaneous store retailers (177 jobs lost)
5. Greenhouse and nursery production (161 jobs lost)





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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