TABLE 2: DECLINING INDUSTRIES WITH 100 OR MORE EMPLOYMENT FOR 2005Q1 IN NAICS
          Employment Current Quarter   Employment Previous Quarter      
SECTOR SUBSECTOR NAICS1 2005Q1             Avg. Decline3
      AWW2 2005Q1 2004Q1 Decline   2004Q4 2003Q4 Decline    
          N N N %   N N N %   % RANK4
Agriculture, forestry, fishing and hunting Agriculture and forestry support activities 115 $522.09   204 326 -122 -37.4%   259 322 -63 -19.6%   -28.5% 1
Manufacturing Computer and electronic product manufacturing 334 $545.89   270 328 -58 -17.7%   295 327 -32 -9.8%   -13.7% 3
Manufacturing Miscellaneous manufacturing 339 $417.43   182 217 -35 -16.1%   232 267 -35 -13.1%   -14.6% 2
Transportation and warehousing Air transportation 481 $521.72   552 627 -75 -12.0%   566 603 -37 -6.1%   -9.1% 4
Total     $511.47   1,208 1,498 -290 -19.4%   1,352 1,519 -167 -11.0%   -15.2% NA
Text Box: 1. Includes both public and privately owned firms. 2. The Average Weekly Wage (AWW) is calculated by dividing the total wage for the industry group by the total number of jobs for the industry group and the number of weeks in the observed quarter. To give some context to this number, the AWW for all declining industries in the first quarter of 2005 is $511.47. The reader should also be aware that, AWW's at the industry Group Level are susceptible to wage bias due to sample size, occupational distributions, seasonal pay and bonuses, and keying error. 3. The percentage for Average Decline is defined as: (percent decline current quarter + percent decline previous quarter)/2. 4. Rank is based on the magnitude of the percent Average Decline relative to the magnitude of all other declining industries.
Table of Contents Labor Market Information