Monday, January 22, 2007

Manitowoc County One-Year Industry Employment Change

Manitowoc County One-Year Percentage Growth in Employment

The Sporting goods and musical instrument stores industry has experienced the largest percentage growth, expanding by 200.0 percent from 2005 to 2006. This industry in Manitowoc County has grow faster than the industry job growth experienced in Wisconsin, where it saw a loss of 1.5 percent. The Sporting goods and musical instrument stores industry in Manitowoc County outpaced the national average, which felt a gained 4.2 percent.

Top 5 Industries
1. Sporting goods and musical instrument stores (200.0 percent gain)
2. Architectural and engineering services (75.5 percent gain)
3. Special food services (41.2 percent gain)
4. Building material and supplies dealers (33.6 percent gain)
5. Employment services (27.3 percent gain)

Total employment has decreased by 0.7 percent since the 2nd Quarter figures of 2005. This change is greater than growth in the State of Wisconsin, which went through a gain of 0.9 percent from 2005 (2nd Quarter). The losses in the area were greater than than the gain felt at the national level of 2.0 percent.

Manitowoc County One-Year Percentage Decline in Employment

The Insurance carriers industry has lost the biggest percent of jobs, losing 37.5 percent from 2005 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry sector has gone through in the Wisconsin, where the it saw a gain of 0 percent. The losses in the Insurance carriers industry in Manitowoc County outpaced the US in terms of percent of decline of industry employment. The US gained 0.1 percent in terms of employment in the Insurance carriers industry.

Top 5 Industries
1. Insurance carriers (37.5 percent decline)
2. Book, periodical, and music stores (35.1 percent decline)
3. Motor vehicle and parts merchant wholesalers (33.3 percent decline)
4. Building equipment contractors (33.2 percent decline)
5. Securities and commodity contracts brokerage (29.6 percent decline)

Total One-Year Employment Decline in Manitowoc County

Given the industries in the area, the Building equipment contractors industry has lost the most employment with a total loss of 182 jobs. The declines in the Building equipment contractors industry make up 27.5 percent of the total employment decline in Manitowoc County, Wisconsin.

Top 5 Industries
1. Building equipment contractors (182 jobs lost)
2. Gasoline stations (52 jobs lost)
3. Residential building construction (34 jobs lost)
4. Building foundation and exterior contractors (31 jobs lost)
5. Drinking places, alcoholic beverages (31 jobs lost)

Total One-Year Employment Growth in Manitowoc County

The Employment services industry has accounted the most employment growth with a total of 109 jobs added during the time period. These new jobs in the Employment services industry makes up 15.2 percent of the total number of new jobs in Manitowoc County.

Top 5 Industries
1. Employment services (109 new jobs)
2. Building material and supplies dealers (106 new jobs)
3. Full-service restaurants (54 new jobs)
4. Sporting goods and musical instrument stores (45 new jobs)
5. Architectural and engineering services (41 new jobs)

Given the 91 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 39 accounted an for increase in employment during the period and 50 industry sectors reported declines during the time period.

In Manitowoc County, Wisconsin, the total number of workers for all sectors has decreased by 206 total jobs from 2005 to 2006.





About: This report is part 1 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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