More on Employment

It is worth looking a bit deeper into the employment numbers.

Look at the three services oriented businesses above. There has been a consistent growth in professional, and slower growth in financial.

Then if we look at 2005 and December 2013 we see the changes above. Mining has increased but it is small. Manufacturing is down almost 20% in both sectors. This is a major concern. Construction is down almost 25%. Even Government is down. However Ed and Health is up almost 20%.

The above is the Government and related sectors as compared to the core non Government sectors. We see the ratio has increased but is still quite higher than 2005.

The above is the core worker numbers. The Manufacturing are down but with a slight recovery. Construction is also flat.

We present a similar set of stats below but on a per PoP basis.

Finally we show the percent by sector in mid 2005 and December 2013. Leisure, Ed & Health and Professional have increased as a percent. Almost everything else has decreased

Overall this does not bode well for any recovery increasing in 2014.