Monday, January 22, 2007

St. Croix County One-Year Industry Employment Change

Total One-Year Employment Decline in St. Croix County

Given the industries in the area, the Building equipment contractors industry experienced most substantial job loss, losing 52 jobs. The declines in the Building equipment contractors industry make up 10.6 percent of the total job loss in St. Croix County, Wisconsin.

Top 5 Industries
1. Building equipment contractors (52 jobs lost)
2. Specialized freight trucking (49 jobs lost)
3. Residential building construction (45 jobs lost)
4. Consumer goods rental (30 jobs lost)
5. Insurance carriers (30 jobs lost)

Out of the 99 industries with industry data reported by the BLS in each quarter, 38 reported job growth in the duration of the year and 60 industry sectors accounting for employment declines during that time period.

Total One-Year Employment Growth in St. Croix County

Out of the 4-digit NAICS industries, the Department stores industry has added the most employment with 256 total jobs brought in during the period. The growth in the Department stores industry makes up 15.7 percent of the total employment growth in St. Croix County.

Top 5 Industries
1. Department stores (256 new jobs)
2. Cement and concrete product manufacturing (221 new jobs)
3. Plastics product manufacturing (161 new jobs)
4. Full-service restaurants (86 new jobs)
5. Employment services (77 new jobs)

In St. Croix County, Wisconsin, the total number of workers for all sectors has increased by 1,207 total jobs between the 2nd Quarter of 2005 and 2nd Quarter of 2006.

St. Croix County One-Year Percentage Growth in Employment

The Cement and concrete product manufacturing industry has gone through the largest job growth by percent, increasing by 176.8 percent from 2005 (2nd quarter) to 2006 (2nd quarter). This industry sector in St. Croix County has grow faster than the overall industry growth seen in the State of Wisconsin, where this industry saw a gain of 1 percent. The Cement and concrete product manufacturing industry in St. Croix County outpaced the nation in terms of industry employment growth . During this period, the nation gained 4.4 percent in this industry.

Top 5 Industries
1. Cement and concrete product manufacturing (176.8 percent gain)
2. Lawn and garden equipment and supplies stores (113.0 percent gain)
3. Commercial machinery repair and maintenance (66.2 percent gain)
4. Department stores (47.6 percent gain)
5. Lessors of real estate (45.7 percent gain)

St. Croix County One-Year Percentage Decline in Employment

The Insurance carriers industry has lost the largest percent of jobs, losing 68.7 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 it saw a gain of 0 percent. The losses in the Insurance carriers industry in St. Croix County outpaced the losses of nation as a whole in the industry. In this time period, the nation gained 0.1 in percent of jobs in the Insurance carriers industry.

Top 5 Industries
1. Insurance carriers (68.7 percent decline)
2. Consumer goods rental (48.7 percent decline)
3. Other schools and instruction (43.1 percent decline)
4. Household and institutional furniture mfg. (37.6 percent decline)
5. Independent artists, writers, and performers (36.8 percent decline)

Employment for all industries has increased by 5.1 percent from 2005 (2nd Quarter). These figures are greater than growth in the State of Wisconsin, which went through a gain of 0.9 percent from the 2nd Quarter of 2005. The gains felt were greater than than the gain reported at the US level 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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