Erie Vital Signs

Employment, Unemployment & Labor Force: Annual Job Growth by Industry

Recent Performance

This trend is mixed or inconclusive.

During 2013-2014 in Erie, total nonfarm jobs as well as service-providing jobs increased. However, during the same period, manufacturing and other goods-producing jobs have decreased.

As of 2014, Education and Health Services was the largest sector in Erie in terms of jobs, employing 27,900 people and accounting for 21.5 percent of Total Nonfarm employment in the region. Manufacturing was the second largest industry in Erie, employing 22,000 people and accounting for 17.0 percent of Total Nonfarm employment in 2014. Other Erie sectors which accounted for 10 percent or more of Total Nonfarm employment were Government, Retail Trade, and Leisure & Hospitality.

Among the thirteen Erie Vital Signs peer areas, the largest industry (measured as a percent of Total Nonfarm employment) in 2014 was Government, which employed, on average, 17.1 percent of all nonfarm workers. This was followed by the Education and Health Services sector, which employed, on average, 15.7 percent on all nonfarm workers. Other sectors in the peer areas which accounted for 10 percent or more of Total Nonfarm employment were Professional and Business Services (11.9 percent), Manufacturing (11.1 percent) and Retail Trade (11.1 percent).

The Basics

Annual jobs by industry measures the number of employees in each major industrial category in a given year.

Why is this important?

The industrial distribution of jobs reflects the structure of an economy, providing an important picture of the types of goods and services that are produced by the economy. To the extent that wages and other forms of labor compensation vary across industrial sectors, the specific distribution of jobs across those sectors will also provide some information about overall income levels in the economy. For example, all else constant, an economy with a greater proportion of jobs in sectors that pay higher average salaries will experience a higher overall income level.

The Details

The U.S. Bureau of Labor Statistics (BLS) administers the monthly Current Employment Statistics (CES) survey, which is a federal and state cooperative program that provides employment, hours, and earnings estimates for states and metropolitan areas based on payroll records of business establishments. The employment estimates provide information on the number of employees in the following major industrial sectors: Total Nonfarm; Total Private; Total Goods-Producing; Total Service-Providing; Natural Resources, Mining, and Construction; Manufacturing; Trade, Transportation, and Utilities; Wholesale Trade; Retail Trade; Transportation and Utilities; Information; Financial Activities; Professional and Business Services; Education and Health Services; Leisure and Hospitality; Other Services; and Government.

The Nitty-Gritty Details

Subcategories

Total Nonfarm; Total Private; Total Goods-Producing; Total Service-Providing; Natural Resources, Mining, and Construction; Manufacturing; Trade, Transportation, and Utilities; Wholesale Trade; Retail Trade; Transportation and Utilities; Information; Financial Activities; Professional and Business Services; Education and Health Services; Leisure and Hospitality; Other Services; and Government.

Peer Areas

These variables include data on all 13 of the standard peer areas, along with U.S. and PA data.

Frequency

Annual

Source

Other Related Data

Latest Erie Data from the Economic Research Institute of Erie, at the Black School of Business at Penn State Behrend

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