Monday, January 22, 2007

Fremont County One-Year Industry Employment Change

Fremont County One-Year Percentage Growth in Employment

The Computer systems design and related services industry has witnessed the largest percentage of employment expansion, increasing by 90.0 percent from the 2nd quarter of 2005 to the 2nd quarter of 2006. This industry sector in Fremont County has expanded faster than the industry has grown in the State of Wyoming, where this industry saw a gain of 8.9 percent. The Computer systems design and related services industry in Fremont County outpaced the United States, which experienced a gained 6.8 percent in this industry.

Top 5 Industries
1. Computer systems design and related services (90.0 percent gain)
2. Machinery and supply merchant wholesalers (81.7 percent gain)
3. Activities related to real estate (52.1 percent gain)
4. Machinery and equipment rental and leasing (51.9 percent gain)
5. Support activities for mining (43.1 percent gain)

Fremont County One-Year Percentage Decline in Employment

The Investigation and security services industry has lost the largest percent of jobs, losing 30 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 Wyoming, where the industry reported a gain of 24.7 percent. The losses in the Investigation and security services industry in Fremont County outpaced the US in terms of percent of decline of industry employment. The US gained 2.1 in percent of workers in the Investigation and security services industry.

Top 5 Industries
1. Investigation and security services (30 percent decline)
2. Private households (27 percent decline)
3. Household and institutional furniture mfg. (25 percent decline)
4. Jewelry, luggage, and leather goods stores (21.1 percent decline)
5. Other specialty trade contractors (20.2 percent decline)

Employment for all industries has increased by 3 percent since the 2nd Quarter figures of 2005. This change is less than percent in Wyoming, which went through a gain of 6.2 percent from the 2nd Quarter of 2005. The gains were greater than than the gain felt at the national level of 2.0 percent.

Total One-Year Employment Decline in Fremont County

From of the area's 4-digit NAICS industries, the Other specialty trade contractors industry has lost the most employment with a total loss of 37 jobs. The declines in the Other specialty trade contractors industry make up 21.9 percent of the total job loss in Fremont County, Wyoming.

Top 5 Industries
1. Other specialty trade contractors (37 jobs lost)
2. Emergency and other relief services (14 jobs lost)
3. Newspaper, book, and directory publishers (14 jobs lost)
4. Building finishing contractors (12 jobs lost)
5. Other professional and technical services (11 jobs lost)

From the 75 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 29 showed an escalation in the number employed, while 44 industry sectors reported declines during the time period.

In Fremont County, Wyoming, the total number of jobs throughout all industries has increased by 307 total jobs between the 2nd Quarter of 2005 and 2nd Quarter of 2006.

Total One-Year Employment Growth in Fremont County

Out of the 4-digit NAICS industries, the Support activities for mining industry has added the most employment with 117 new jobs created in the period. The job growth in the Support activities for mining industry makes up 22.7 percent of the total employment growth in Fremont County.

Top 5 Industries
1. Support activities for mining (117 new jobs)
2. Machinery and equipment rental and leasing (51 new jobs)
3. Full-service restaurants (44 new jobs)
4. Residential building construction (44 new jobs)
5. Machinery and supply merchant wholesalers (42 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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