Manufacturing Employment Continues to Decline in the United States
According to Bureau of Labor Statistics (bls.gov) second quarter of 2005 employment and wage data, Manufacturing continues to see sharp declines in employment throughout the United States. This is not a surprising trend considering in the United States the industry has lost over 2 millions jobs since the year 2001, or 13.5%.
(PRWEB) February 6, 2006 -- Only two states saw gains in manufacturing employment during the period of 2001 – 2005, North Dakota (5.9%) and Nevada (8.7%). The State of California lost the most Manufacturing employment, losing a total of -239,023 jobs, or 16% all Manufacturing jobs.
A more alarming trend is the mix jobs that are replacing the disappearing well-paying manufacturing jobs. During the period of 2001-2005, the United States experienced its largest amount of growth in the Health Care and Social Assistance industry (1,262,188 or 9.7%) and the Accommodation and Food Service industry (645,689 or 6.4%), both of these high-growth industries have lower than average annual wages.
The Information industry, a high-wage industry ($60,722 in 2004), has lost another 51,417 jobs during the first half of 2005. At this rate, 2005 will surpass the 81,199 jobs lost in the Industry during 2004. This industry has lost the largest percent of total jobs since the year 2001 at 15.1%. The State of Colorado was hit with the largest percent of job loss in the industry, losing 27.6 percent since 2001. During that period, California lost a total of 54,600 information industry jobs.
Data and analysis at local geographies, including Counties, can be found at http://www.Ecanned.com. Ecanned is a service designed to deliver economic information to individuals in an easy, ready-to-use format. The data offers current information about employment, wages and establishments. For every geography, the data are available for download in Excel or PDF format.
All figures Private Employment, first and second Quarter 2005 from Bureau of Labor Statistics, Quarterly Census of Employment and Wages (QCEW).
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