| Table 2: Declining Industries Report for 2008Q2 in NAICS | |||||||||||||
| NAICS (1) | SECTOR | SUBSECTOR | 2008Q2 AWW (2) | Emp. 2008Q2 | Emp. 2007Q2 | Emp. Change | Pct. Change | Emp. 2008Q1 | Emp. 2007Q1 | Emp. Change | Pct. Change | Avg. Decline | Rank (4) |
| (3) | |||||||||||||
| 321 | Manufacturing | Wood product manufacturing | $648.23 | 568 | 854 | -286 | -33.5% | 575 | 892 | -317 | -35.5% | -34.5% | 1 |
| 334 | Manufacturing | Computer & electronic product manufacturing | $762.32 | 235 | 310 | -76 | -24.4% | 222 | 306 | -84 | -27.5% | -25.9% | 2 |
| 425 | Wholesale trade | Electronic markets & agents & brokers | $1,262.99 | 343 | 428 | -85 | -19.8% | 337 | 422 | -85 | -20.2% | -20.0% | 3 |
| 518 | Information | Data processing, hosting, & related services | $762.65 | 160 | 171 | -11 | -6.2% | 154 | 174 | -20 | -11.5% | -8.9% | 6 |
| 551 | Management of companies & enterprises | Management of companies & enterprises | $2,205.93 | 811 | 854 | -43 | -5.1% | 772 | 815 | -43 | -5.3% | -5.2% | 7 |
| 813 | Other services, except public administration | Membership associations & organizations | $431.15 | 2,152 | 2,376 | -224 | -9.4% | 2,041 | 2,266 | -225 | -9.9% | -9.7% | 5 |
| 814 | Other services, except public administration | Private households | $446.33 | 400 | 467 | -68 | -14.5% | 419 | 454 | -35 | -7.7% | -11.1% | 4 |
| Total | $856.28 | 4,668 | 5,460 | -792 | -14.5% | 4,520 | 5,330 | -810 | -15.2% | -14.9% | . | ||
| 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 2008Q2 is $856.28. 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 growth current quarter + percent growth previous quarter)/2. | |||||||||||||
| 4. Rank is based on the magnitude of the percent Average growth relative to the magnitude of all other growing industries. | |||||||||||||
| Table of Contents | Labor Market Information | ||||||||||||