Monday, January 22, 2007

McDowell County One-Year Industry Employment Change

McDowell County One-Year Percentage Growth in Employment

The Other general merchandise stores industry has witnessed the largest percentage of employment expansion, increasing by 394.5 percent from 2005 (2nd quarter) to 2006 (2nd quarter). This industry sector in McDowell County has expanded faster than the overall industry growth seen in the State of West Virginia, where the industry felt a gain of 0.9 percent. The Other general merchandise stores industry in McDowell County outpaced the nation in terms of industry employment growth . During this period, the nation gained 3.3 percent in this industry.

Top 5 Industries
1. Other general merchandise stores (394.5 percent gain)
2. Automotive repair and maintenance (50.0 percent gain)
3. Coal mining (24.3 percent gain)
4. Limited-service eating places (13.0 percent gain)
5. Architectural and engineering services (11.7 percent gain)

McDowell County One-Year Percentage Decline in Employment

The Furniture stores industry has lost the largest percent of jobs, losing 34.2 percent from 2005 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry has seen in the West Virginia, where the it saw a gain of 0.4 percent. The losses in the Furniture stores industry in McDowell County outpaced the losses of nation as a whole in the industry. In this time period, the nation gained 0.5 percent in terms of employees in the Furniture stores industry.

Top 5 Industries
1. Furniture stores (34.2 percent decline)
2. Other specialty trade contractors (27.6 percent decline)
3. Health and personal care stores (14.6 percent decline)
4. Full-service restaurants (12.2 percent decline)
5. Professional and similar organizations (9.5 percent decline)

Total industry employment has increased by 22.4 percent from 2005 (2nd Quarter). These figures are greater than percent in the State of West Virginia, which went through a gain of 1.6 percent from 2005 (2nd Quarter). The gains were greater than than the gain reported at the US level of 2.0 percent.

Total One-Year Employment Decline in McDowell County

Given the industries in the area, the Health and personal care stores industry experienced most substantial job loss, losing 12 jobs during the time period. The jobs lost in the Health and personal care stores industry make up 35.3 percent of the total employment decline in McDowell County, West Virginia.

Top 5 Industries
1. Health and personal care stores (12 jobs lost)
2. Other specialty trade contractors (5 jobs lost)
3. Full-service restaurants (5 jobs lost)
4. Furniture stores (4 jobs lost)
5. Professional and similar organizations (3 jobs lost)

In McDowell County, West Virginia, the total number of workers for all sectors has increased by 657 jobs between mid-2005 and mid-2006.

Of the 22 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 8 accounted an for increase in employment during the period and 13 industries reported a drop in employment.

Total One-Year Employment Growth in McDowell County

The Other general merchandise stores industry has brought the most jobs with a total of 384 total jobs brought in during the period. The growth in the Other general merchandise stores industry makes up 62.1 percent of the total number of new jobs in McDowell County.

Top 5 Industries
1. Other general merchandise stores (384 new jobs)
2. Coal mining (181 new jobs)
3. Limited-service eating places (14 new jobs)
4. Grocery stores (10 new jobs)
5. Gasoline stations (8 new jobs)





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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