Which Industries/Employment Sectors are Growing in 2011?
Mining and Logging took the lead in percentage of job growth in 2011 to date, with the Post Office losing the highest jobs as a percentage in 2011 to date. Local, state, and federal government sectors took five out of the lowest seven slots in job growth/decline to date in 2011. Other job losers in 2011 include Finance & Accounting, Manufacturing of Non-Durable Goods, and "Information". Other winning sectors include Professional & Technical Services, Manufacturing of Durable Goods, and Administrative & Waste Services. These are percentages of jobs lost and gained vs. absolute numbers of jobs lost and gained.
The Bureau of Labor Statistics reports how many jobs are lost or gained each month, and it also breaks down these numbers by industrial, commercial, or government "sector".
Mining and Logging took the lead in percentage of job growth in 2011 to date, with the Post Office losing the highest jobs as a percentage in 2011 to date. Local, state, and federal government sectors took five out of the lowest seven slots in job growth/decline to date in 2011. Other job losers in 2011 include Finance & Accounting, Manufacturing of Non-Durable Goods, and "Information". Other winning sectors include Professional & Technical Services, Manufacturing of Durable Goods, and Administrative & Waste Services. These are percentages of jobs lost and gained vs. absolute numbers of jobs lost and gained.
The Bureau of Labor Statistics reports how many jobs are lost or gained each month, and it also breaks down these numbers by industrial, commercial, or government "sector".
I've been copying this data published by the Bureau of Labor Statistics to an Excel spreadsheet for several months now, and I've been calculating and publishing the number of jobs gained or lost over various periods of times, such as since Obama was elected, since the "trough" of the recession, over the last three months, and during this year.
This month I'm starting to publish job growth or decline by industry "sector". Every non-agricultural job in this country can be found in one of the "sectors" listed below, but there are a few catch-all categories, such as "Information" and "Other Services". I'm only publishing jobs lost/gained in 2011 to date, but I will expand this in the coming months. Most of you will be able to figure out into which sector your employer falls, but some of you may not work for employers who fit into one of these categories, so you may have to guess.
Sectors in 2011 to date:
Sectors in 2011 to date:
Here's a ranking on job growth in 2011 to date (as of November 2011) based on employer sector:
| Rank | Sector | % Incr/Decrease |
|---|---|---|
| 1. | Mining/logging | +11.04% |
| 2. | Professional/technical services | +3.15% |
| 3. | Manufacture/Durable goods | +2.96% |
| 4. | Administration and Waste Services.... | +2.67% |
| 5. | Educational services | +2.24% |
| 6. | Health Care | +2.12% |
| 7. | Accommodation & Food Services | +2.09% |
| 8. | Retail Trade | +1.52% |
| 9. | Management of Companies | +1.38% |
| 10. | Wholesale Trade | +1.29% |
| 11. | Social Assistance | +0.97% |
| 12. | Real estate, rental, leasing | +0.83% |
| 13. | Utilities | +0.74% |
| 14. | Other Services | +0.68% |
| 15. | State Gov't Education | +0.57% |
| 16. | Transportation & Warehousing | +0.56% |
| 17. | Construction | +0.44% |
| 18. | Arts, entertainment, recreation | +0.17% |
| 19. | Financial, acctg, finance, insurance | -0.11% |
| 20. | Fed Gov't outside of Post Office | -0.24% |
| 21. | Manufacture/Non-durable goods | -0.27% |
| 22. | Local Gov't other than Education | -1.00% |
| 23. | Local Gov't Education | -1.22% |
| 24. | Information | -1.82% |
| 25. | State Gov't other than Education | -2.92% |
| 26. | USPS (Post Office) | -4.82% |
Notes:
- Government sectors are marked in red.
- "Administration and waste services" includes temporary agencies.
- "Educational services" does not include government education, but may include private schools. (I'm still trying to verify that.)
- "Social Assistance" includes private and non-profit day care establishments.
No comments:
Post a Comment
I appreciate intelligent comments and questions, including those that are at odds with anything posted here. I have elected not to screen comments before they are published; however, any comments that are in any way insulting, caustic, or intentionally inflammatory will be deleted without notice. Spam will also be immediately deleted.