Monday, January 22, 2007

Taylor County One-Year Industry Employment Change

Taylor County One-Year Percentage Decline in Employment

The Other specialty trade contractors industry has seen the largest percentage drop in employment, losing 51.5 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 industry sector experienced a gain of 6.9 percent. The losses in the Other specialty trade contractors industry in Taylor County outpaced the United States in terms of percentage decline of industry employment. In this period, the United States gained 6.8 in percent of jobs in the Other specialty trade contractors industry.

Top 5 Industries
1. Other specialty trade contractors (51.5 percent decline)
2. Building equipment contractors (16.8 percent decline)
3. Personal care services (13.3 percent decline)
4. Building foundation and exterior contractors (9.4 percent decline)
5. Limited-service eating places (8.1 percent decline)

Taylor County One-Year Percentage Growth in Employment

The Full-service restaurants industry has witnessed the largest percentage of employment expansion, increasing by 40.2 percent from the 2nd quarter of 2005 to the 2nd quarter of 2006. This industry sector in Taylor County has added employment faster than the overall industry growth seen in the State of West Virginia, where it saw a gain of 4.4 percent. The Full-service restaurants industry in Taylor County outpaced the US in terms of percent growth of industry employment. During this period, the US gained 2.2 percent.

Top 5 Industries
1. Full-service restaurants (40.2 percent gain)
2. Death care services (15.2 percent gain)
3. Building finishing contractors (9.8 percent gain)
4. Misc. nondurable goods merchant wholesalers (6.7 percent gain)
5. Offices of physicians (5.4 percent gain)

Total employment has decreased by 3.4 percent from the reported values in 2005. These values are greater than growth in West Virginia, which experienced a gain of 1.6 percent from the 2nd Quarter of 2005. The losses in the area were greater than than the gain felt at the national level of 2.0 percent.

In Taylor County, West Virginia, the aggregate employment for all industry sectors has decreased by 66 total jobs between the 2nd Quarter of 2005 and 2nd Quarter of 2006.

Of the 17 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 8 showed an escalation in the number employed, while 8 industry sectors reported declines during the time period.

Total One-Year Employment Decline in Taylor County

From of the area's 4-digit NAICS industries, the Other specialty trade contractors industry faced the greatest employment loss with a total loss of 17 jobs in that time period. The declines in the Other specialty trade contractors industry make up 37.0 percent of the employment lost during the period in Taylor County, West Virginia.

Top 5 Industries
1. Other specialty trade contractors (17 jobs lost)
2. Limited-service eating places (13 jobs lost)
3. Building equipment contractors (6 jobs lost)
4. Gasoline stations (4 jobs lost)
5. Building foundation and exterior contractors (2 jobs lost)

Total One-Year Employment Growth in Taylor County

The Full-service restaurants industry has accounted the most employment growth with a total of 23 new jobs created in the period. The job growth in the Full-service restaurants industry makes up 61.3 percent of the total growth in Taylor County.

Top 5 Industries
1. Full-service restaurants (23 new jobs)
2. Misc. nondurable goods merchant wholesalers (4 new jobs)
3. Building finishing contractors (4 new jobs)
4. Offices of physicians (3 new jobs)
5. Death care services (2 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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