Monday, January 22, 2007

Price County One-Year Industry Employment Change

Total One-Year Employment Growth in Price County

Out of the 4-digit NAICS industries, the Drinking places, alcoholic beverages industry has grown the most with 10 employees finding new jobs in the industry. The employment growth in the Drinking places, alcoholic beverages industry makes up 29.3 percent of the total employment growth in Price County.

Top 5 Industries
1. Drinking places, alcoholic beverages (10 new jobs)
2. Employment services (3 new jobs)
3. Residential building construction (3 new jobs)
4. Other specialty trade contractors (3 new jobs)
5. Offices of real estate agents and brokers (3 new jobs)

In Price County, Wisconsin, the total number of jobs throughout all industries has decreased by 193 jobs from mid-2005 to mid-2006.

Of the 31 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 15 described an expansion of jobs throughout the time period, while 14 industry sectors reported declines during the time period.

Total One-Year Employment Decline in Price County

From of the area's 4-digit NAICS industries, the Private households industry witnessed the largest drop in employment, losing a total of 16 jobs in that time period. The declines in the Private households industry make up 14.5 percent of the jobs lost during the period in Price County, Wisconsin.

Top 5 Industries
1. Private households (16 jobs lost)
2. Gasoline stations (14 jobs lost)
3. Grocery stores (14 jobs lost)
4. Automobile dealers (13 jobs lost)
5. Limited-service eating places (11 jobs lost)

Price County One-Year Percentage Growth in Employment

The Other specialty trade contractors industry has experienced the largest percentage growth, expanding by 38.1 percent from the 2005 (Q2) to the 2006 (Q2). This industry in Price County has grow faster than the industry job growth experienced in Wisconsin, where it saw a loss of 3.2 percent. The Other specialty trade contractors industry in Price County outpaced the US in terms of percent growth of industry employment. During this period, the US gained 6.8 percent.

Top 5 Industries
1. Other specialty trade contractors (38.1 percent gain)
2. Drinking places, alcoholic beverages (19.0 percent gain)
3. Machinery and supply merchant wholesalers (16.1 percent gain)
4. Residential building construction (14.8 percent gain)
5. Building foundation and exterior contractors (14.6 percent gain)

Price County One-Year Percentage Decline in Employment

The Building finishing contractors industry has lost the largest amount of employment in terms of percentage, losing 37.8 percent from 2005 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry sector has gone through in the Wisconsin, where the industry felt a loss of 2.9 percent. The losses in the Building finishing contractors industry in Price County outpaced the United States in terms of percentage decline of industry employment. In this period, the United States gained 5.4 percent in terms of employees in the Building finishing contractors industry.

Top 5 Industries
1. Building finishing contractors (37.8 percent decline)
2. Private households (29.4 percent decline)
3. Logging (19.1 percent decline)
4. Other professional and technical services (14 percent decline)
5. General freight trucking (13 percent decline)

Total industry employment has decreased by 3.4 percent from 2005 (2nd Quarter). These figures are greater than percent in Wisconsin, experiencing a gain of 0.9 percent from 2005 (2nd Quarter). The losses were greater than than the gain experienced overall in the US of 2.0 percent.





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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