Monday, January 22, 2007

Randolph County One-Year Industry Employment Change

Randolph County One-Year Percentage Growth in Employment

The Investigation and security services industry has experienced the largest percentage growth, expanding by 51.3 percent from 2005 (2nd quarter) to 2006 (2nd quarter). This industry sector in Randolph County has expanded faster than the industry job growth experienced in West Virginia, where the industry took a gain of 5.1 percent. The Investigation and security services industry in Randolph County outpaced the national average, which felt a gained 2.1 percent of the industry employment.

Top 5 Industries
1. Investigation and security services (51.3 percent gain)
2. Other heavy construction (48.4 percent gain)
3. Social advocacy organizations (33.3 percent gain)
4. Full-service restaurants (33.1 percent gain)
5. Child day care services (29.3 percent gain)

Randolph County One-Year Percentage Decline in Employment

The Unclassified industry has lost the largest percent of jobs, losing 50 percent of the jobs from the 2nd quarter of 2005 to 2nd quarter of 2006. The losses of the area have declined faster than the industry sector has felt in the State of West Virginia, where the industry reported a loss of 17.4 percent. The losses in the Unclassified industry in Randolph County outpaced the United States industry losses overall. During this period, the United States gained 12.1 in percent of workers in the Unclassified industry.

Top 5 Industries
1. Unclassified (50 percent decline)
2. Services to buildings and dwellings (28.3 percent decline)
3. Automobile dealers (24.9 percent decline)
4. Petroleum merchant wholesalers (18.3 percent decline)
5. Limited-service eating places (13.2 percent decline)

The total number of jobs has increased by 2.3 percent since the 2nd Quarter of 2005. This is greater than growth in West Virginia, which saw a gain of 1.6 percent since 2005 ( 2nd Quarter). The gains felt were greater than than the gain seen for the United States of 2.0 percent.

Total One-Year Employment Decline in Randolph County

Given the industries in the area, the Limited-service eating places industry witnessed the largest drop in employment, losing a total of 63 jobs during the period. The employment lost in the Limited-service eating places industry make up 32.3 percent of the total job loss in Randolph County, West Virginia.

Top 5 Industries
1. Limited-service eating places (63 jobs lost)
2. Automobile dealers (31 jobs lost)
3. Depository credit intermediation (11 jobs lost)
4. Petroleum merchant wholesalers (10 jobs lost)
5. Services to buildings and dwellings (9 jobs lost)

Given the 56 industries with industry data reported by the BLS in each quarter, 24 described an expansion of jobs throughout the time period, while 32 industry sectors accounting for employment declines during that time period.

In Randolph County, West Virginia, the entire sum of jobs in all industries overall has increased by 233 total jobs between the 2nd Quarter of 2005 and 2nd Quarter of 2006.

Total One-Year Employment Growth in Randolph County

Of the industries (4-digit NAICS) in the area, the Full-service restaurants industry has brought the most jobs with a total of 98 new jobs created in the period. The job growth in the Full-service restaurants industry makes up 27.2 percent of the total number of new jobs in Randolph County.

Top 5 Industries
1. Full-service restaurants (98 new jobs)
2. Other wood product manufacturing (45 new jobs)
3. Residential building construction (35 new jobs)
4. Individual and family services (29 new jobs)
5. Sawmills and wood preservation (23 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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