Tri-Cities employers add jobs in 2014, not distributed evenly


By DON FENLEY

Trend charts at the bottom of the page

Tri-Cities employers added 500 jobs during 2014, but the gains were not even across the area’s two MSAs. All came in the four-county Kingsport-Bristol MSA and losses in the three-county Johnson City MSA cut those gains by roughly half.

Kingsport-Bristol has added jobs every month since August and the raw numbers exceed the three-month moving average.  The Johnson City MSA was following the same pattern until December’s 400 jobs loss.

The preliminary unadjusted Bureau of Labor Statistics payroll survey shows a gain of 500 jobs on the year-over-year metric. That number includes revisions in Nov. data. The seasonally adjusted number puts it at 400 jobs.

A drill-down by job sectors show:

Mining and construction

  • A top job producer for the region in 2014. When the monthly ebb and flow of gains and losses are tallied Kingsport-Bristol gained 800 jobs while the Johnson City MSA lost 200.

Manufacturing

  • This sector continued contracting in 2014. The Johnson City MSA’s annual tally was a 100 job loss, which was doubled in Kingsport-Bristol.

Wholesale trade

  • Both MSAs saw an annual net gain of 100 jobs.

Retail trade

  • Like manufacturing the retail trade sector is seeing some structural change. It was flat in the Johnson City MSA while Kingsport-Bristol saw an annual net loss of 300 jobs.

Transportation and utilities

-Kingsport-Bristol saw an annual gain of 100 jobs while the sector’s total was flat in the Johnson City MSA.

Information

  • Kingsport-Bristol’s annual tally put the sector flat for the year, but there were 200 job losses in the Johnson City MSA during the year.

Financial activities

  • Both MSAs had an annual net loss of 100 jobs in this sector.

Professional and business services

  • Kingsport-Bristol had a gain of 200 jobs during the year. The Johnson City MSA added 100.

Education and health services

  • This sector was flat for the year. Kingsport-Bristol saw an annual gain of 100 jobs while the Johnson City MSA lost 100.

Leisure and hospitality

  • This sector was the biggest job producer in the Johnson City MSA with an annual job gain of 400. Kingsport-Bristol added 100 jobs.

Other services

  • Kingsport-Bristol had an annual net loss of 200 jobs in the sector while the Johnson City MSA was flat.

Government

  • Johnson City’s largest job provider showed an annual net loss of 500 jobs during 2014 while the Kingsport-Bristol sector added 200 jobs.

Tri-ities nonfarm jobs

kb jobs

 

JC Jobs

 

 

 

 

 

 

 

Trackbacks

  1. […] a 0.8% number. That would be the rising tide the area has been waiting for because while there was nonfarm job creation in Kingsport-Bristol last year, the losses in the Johnson City MSA halved the a…for the […]

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