TABLE 2: DECLINING INDUSTRIES WITH 100 OR MORE EMPLOYMENT FOR 2004Q2 IN NAICS
          Employment Current Quarter   Employment Previous Quarter      
SECTOR SUBSECTOR NAICS1 2004Q2             Avg. Decline3
      AWW2 2004Q2 2003Q2 Decline   2004Q1 2003Q1 Decline    
          N N N %   N N N %   % RANK4
Manufacturing Miscellaneous manufacturing 339 $441.49   240 255 -15 -5.9%   217 242 -25 -10.3%   -8.1% 2
Finance and insurance Securities, commodity contracts, investments 523 $1,373.66   422 447 -25 -5.6%   423 464 -41 -8.8%   -7.2% 3
Administrative and waste services Administrative and support services 561 $385.25   6,824 7,549 -725 -9.6%   5,647 6,122 -475 -7.8%   -8.7% 1
Total     $442.77   7,486 8,251 -765 -9.3%   6,287 6,828 -541 -7.9%   -8.6% 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 second quarter of 2004 is $442.77. 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