Monday, January 22, 2007

Ritchie County One-Year Industry Employment Change

Total One-Year Employment Growth in Ritchie County

From the industries (4-digit NAICS) in the area, the Oil and gas extraction industry has grown the most with 61 total jobs brought in during the period. The growth in the Oil and gas extraction industry makes up 86.7 percent of the total growth in Ritchie County.

Top 5 Industries
1. Oil and gas extraction (61 new jobs)
2. Specialized freight trucking (4 new jobs)
3. Offices of physicians (2 new jobs)
4. Building equipment contractors (2 new jobs)
5. Nonresidential building construction (10 new jobs)

Total One-Year Employment Decline in Ritchie County

Given the industries in the area, the Full-service restaurants industry has lost the most employment with a total loss of 3 jobs in that time period. The declines in the Full-service restaurants industry make up 37.0 percent of the jobs lost during the period in Ritchie County, West Virginia.

Top 5 Industries
1. Full-service restaurants (3 jobs lost)
2. Other general merchandise stores (2 jobs lost)
3. Health and personal care stores (2 jobs lost)
4. Automotive repair and maintenance (4 jobs lost)
5. Automobile dealers (2 jobs lost)

Of the 12 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 6 accounted an for increase in employment during the period and 6 industry sectors reported declines during the time period.

In Ritchie County, West Virginia, the total number of workers for all sectors has increased by 220 jobs from mid-2005 to mid-2006.

Total employment has increased by 8.2 percent from 2005 (2nd Quarter). These figures are greater than percent in West Virginia, which went through a gain of 1.6 percent from the 2nd Quarter of 2005. The gains the area experienced were greater than than the gain seen for the United States of 2.0 percent.

Ritchie County One-Year Percentage Growth in Employment

The Building equipment contractors industry has experienced the largest percentage growth, expanding by 38.5 percent from 2005 (2nd quarter) to 2006 (2nd quarter). This industry sector in Ritchie County has added employment faster than the overall industry growth seen in the State of West Virginia, where it saw a gain of 13.2 percent. The Building equipment contractors industry in Ritchie County outpaced the national average, which felt a gained 5.5 percent of the industry employment.

Top 5 Industries
1. Building equipment contractors (38.5 percent gain)
2. Oil and gas extraction (35.7 percent gain)
3. Accounting and bookkeeping services (7.1 percent gain)
4. Specialized freight trucking (6.7 percent gain)
5. Offices of physicians (6.0 percent gain)

Ritchie County One-Year Percentage Decline in Employment

The Legal services industry has lost the largest amount of employment in terms of percentage, losing 8.1 percent of the jobs from 2005 to 2006. These have declined faster than the industry has seen in the West Virginia, where the industry felt a loss of 2.4 percent. The losses in the Legal services industry in Ritchie County outpaced the US in terms of percent of decline of industry employment. The US gained 0.6 in percent of workers in the Legal services industry.

Top 5 Industries
1. Legal services (8.1 percent decline)
2. Health and personal care stores (8.1 percent decline)
3. Other general merchandise stores (7.2 percent decline)
4. Automotive repair and maintenance (6.1 percent decline)
5. Full-service restaurants (5.1 percent decline)





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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