Nov. Kingsport-Bristol, Johnson City MSA job sector winners and losers


Tri Cities Nov nonfarmPP

Tri-Cities nonfarm jobs.
Data Source: Bureau of Labor Statistics

MTSU’s Business and Economic Research Center has filed the last component for the Tri-Cities November jobs story.

I like to think of my reports on the unemployment rates, which are about who has jobs and not where the jobs are located, and the number of jobs in each labor sector as the basics of the monthly story. MTSU’s heat charts are the icing on the cake. They’re color-coded graphics that show how each job sector and the nonfarm total has performed compared to the same months of the previous year.

Green is a good color in the MTSU heat charts. But there’s not a lot of it when you look at the Johnson City MSA.  Last year ended on an upswing, but overall 2013 was a tough year. The heat chart tells the story in a percent change from the same month of the previous year format.

Seven of the MSA’s 12 job sectors were negative in November.

The biggest loss areas came in Transportation and Utilities followed by Wholesale Trade and Information.

Job creation picked up in August and helped close out with year with a nonfarm job loss of 0.1%.

Construction led the jobs creation followed by Professional and Business Services then Leisure and Hospitality.

The three-count area’s largest job provider – government – was flat for the year in November and the next largest provider, Education and Health Services, was down 0.7%.

CLICK HERE for the MTSU Johnson City MSA heat cart.

 The jobs picture in the four-county Kingsport-Bristol MSA was much better and is driving the region’s upswing for the last part of the year as illustrated by my chart that tracks Tri-Cities nonfarm jobs for 2013 and 2012 against a pre-recession benchmark.

The MSA’s heat chart shows November’s nonfarm jobs 1.3% better than November last year.

November’s biggest jobs growth came in construction followed by the Other Services and Wholesale Trade sectors.

The only sector in the red is Information where job eliminations have made it the biggest percentage job loser all year.  The only other down sector in November was Financial Activities.

CLICK HERE for the Kingsport-Bristol MSA heat chart

EARLIER NOV. REPORTS

Tri-Cities average private sector wages down in Nov.

Nov. jobless rates down in Kingsport, Johnson 

Kingsport-Bristol employers add 1,100 jobs in November 

Johnson City employers add 500 jobs in November

 

Trackbacks

  1. […] Nov. Kingsport-Bristol, Johnson City MSA job sector winners and losers  Six Kingsport job sectors where women earn more than men   […]

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Follow

Get every new post delivered to your Inbox.

Join 35 other followers

%d bloggers like this: