Monday, January 22, 2007

Racine County One-Year Industry Employment Change

Total One-Year Employment Growth in Racine County

Out of the 4-digit NAICS industries, the Household appliance manufacturing industry has added the most employment with 176 total jobs brought in during the period. The growth in the Household appliance manufacturing industry makes up 10.3 percent of the total growth in Racine County.

Top 5 Industries
1. Household appliance manufacturing (176 new jobs)
2. Depository credit intermediation (164 new jobs)
3. Machine shops and threaded product mfg. (102 new jobs)
4. Employment services (82 new jobs)
5. Machinery and supply merchant wholesalers (70 new jobs)

Of the 147 industries with industry data reported by the BLS in each quarter, 76 reported job growth in the duration of the year and 67 industries reported employment loss in the period.

In Racine County, Wisconsin, the aggregate employment for all industry sectors has increased by 22 total jobs from 2005 to 2006.

Total One-Year Employment Decline in Racine County

From of the area's 4-digit NAICS industries, the Clothing stores industry has lost the most employment with a total loss of 251 jobs in that time period. The declines in the Clothing stores industry make up 12.4 percent of the jobs lost during the period in Racine County, Wisconsin.

Top 5 Industries
1. Clothing stores (251 jobs lost)
2. Grocery stores (237 jobs lost)
3. Foundries (137 jobs lost)
4. Building foundation and exterior contractors (89 jobs lost)
5. Management of companies and enterprises (77 jobs lost)

Racine County One-Year Percentage Decline in Employment

The Automotive equipment rental and leasing industry has lost the largest percent of jobs, losing 73 percent from 2005 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry sector has felt in the State of Wisconsin, where the industry felt a loss of 0.7 percent. The losses in the Automotive equipment rental and leasing industry in Racine County outpaced the United States in terms of percentage decline of industry employment. In this period, the United States lost 0.7 in percent of jobs in the Automotive equipment rental and leasing industry.

Top 5 Industries
1. Automotive equipment rental and leasing (73 percent decline)
2. Foundries (46 percent decline)
3. Clothing stores (43.3 percent decline)
4. Other residential care facilities (31.4 percent decline)
5. Consumer goods rental (26.5 percent decline)

Total industry employment has increased by 0 percent from 2005 (2nd Quarter). These figures are less than percent in the State of Wisconsin, which experienced a gain of 0.9 percent since 2005 ( 2nd Quarter). The gains the area experienced were less than than the gain seen for the United States of 2.0 percent.

Racine County One-Year Percentage Growth in Employment

The Technical and trade schools industry has experienced the largest percentage growth, expanding by 348.1 percent from the 2nd quarter of 2005 to the 2nd quarter of 2006. This industry sector in Racine County has expanded faster than the growth seen in the industry for Wisconsin, where the industry took a gain of 7 percent. The Technical and trade schools industry in Racine County outpaced the United States, which experienced a gained 0.9 percent in this industry.

Top 5 Industries
1. Technical and trade schools (348.1 percent gain)
2. HVAC and commercial refrigeration equipment (42.6 percent gain)
3. Other personal services (41.0 percent gain)
4. Shoe stores (40.6 percent gain)
5. Specialty food stores (32.7 percent gain)





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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