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February 2009 Monthly Analysis
> Payroll Employment
MONTHLY COMPARISON
According to the California Employment Development Department’s monthly Labor Market release - between December 2008 and January 2009, decreased by 23,000 jobs, falling to 996,000.
• Trade, transportation, and utilities decreased by 8,600 jobs. Retail trade (down 6,500 jobs) accounted for the majority of the loss, ending the holiday shopping season with seasonal losses concentrated in department and clothing stores.
• Construction experienced a seasonal loss of 3,000 jobs, mostly in specialty trade contractors (down 1,700 jobs) and construction of buildings (down 700 jobs).
• Professional and business services shed 2,800 jobs, partly due to a seasonal cutback in employment services (down 1,200 jobs).
• Leisure and hospitality seasonally contracted by 2,600 jobs, largely in food services and bars (down 2,200 jobs).
• The winter break resulted in seasonal declines within private and public schools that totaled 2,000 jobs.
ANNUAL COMPARISON
Between January 2008 and January 2009, the total number of jobs in the East Bay decreased by 37,800 jobs or 3.7 percent.
• Trade, transportation, and utilities declined by 11,600 jobs, mostly in retail trade (down 8,700 jobs).
• Construction decreased by 8,900 jobs, largely in specialty trade contractors (down 6,100 jobs).
• Other major industries with losses of at least 2,000 jobs include professional and business services, financial activities, manufacturing, and government.
• On the upside, private educational and health services netted an increase of 1,900 jobs, as health care led the way.
|
Industry Sector
|
Jan-09
|
1 Month Change
|
12 Month Change
|
12 Month % Change
|
24 Month Change
|
|
Educational and Health
Services
|
127,000
|
-1,900
|
1,900
|
1.5%
|
6,300
|
|
Information
|
27,400
|
100
|
-700
|
-2.5%
|
-2,200
|
|
Leisure and Hospitality
|
85,400
|
-2,600
|
-700
|
-0.8%
|
1,000
|
|
Other Services
|
34,800
|
-300
|
-700
|
-2.0%
|
-200
|
|
Wholesale Trade
|
46,900
|
-700
|
-1,300
|
-2.7%
|
-1,700
|
|
Trans, Warehousing &
Utilities
|
35,400
|
-1,400
|
-1,600
|
-4.3%
|
-1,200
|
|
Government
|
174,800
|
-1,200
|
-2,300
|
-1.3%
|
-8,300
|
|
Manufacturing
|
89,900
|
-1,600
|
-4,300
|
-4.6%
|
-4,100
|
|
Financial Activities
|
53,900
|
-900
|
-4,600
|
-7.9%
|
-9,600
|
|
Professional and
Business Services
|
156,400
|
-2,800
|
-5,900
|
-3.6%
|
3,500
|
|
Retail Trade
|
105,100
|
-6,500
|
-8,700
|
-7.6%
|
-8,700
|
|
Construction
|
56,700
|
-3,000
|
-8,900
|
-13.6%
|
-12,300
|
|
Total, All Industries
|
996,000
|
-23,000
|
-37,800
|
-3.7%
|
-37,600
|
|
INDUSTRY EMPLOYMENT DATA SOURCE: California Employment
Development Department
|
EAST BAY CONSTRUCTION PAYROLL
EMPLOYMENT
Activity in the East Bay’s construction sector reflects the housing downturn continuing to affect the region and the nation at large. All East Bay construction sub-sectors but Highway, Street and Bridge Construction (up 6.9 percent) posted losses in the year-over-year comparison.
|
|
Jan-09
|
1 Month Change
|
12 Month Change
|
12 Month % Change
|
24 Month Change
|
|
Highway, Street, and
Bridge Const
|
3,100
|
-300
|
200
|
6.9%
|
-100
|
|
Nonresidential Building
|
5,300
|
-100
|
-500
|
-8.6%
|
-400
|
|
Residual-Other Heavy and
Civil Engineer
|
4,200
|
-300
|
-800
|
-16.0%
|
-1,300
|
|
Building Equipment
Contractors
|
13,700
|
-500
|
-1,100
|
-7.4%
|
-700
|
|
Building Foundation and
Exterior Contractors
|
7,900
|
-300
|
-1,400
|
-15.1%
|
-2,100
|
|
Residential Building
|
8,500
|
-600
|
-1,700
|
-16.7%
|
-3,400
|
|
Other Specialty Trade
Contract
|
14,000
|
-900
|
-3,600
|
-20.5%
|
-4,300
|
|
All Construction
|
56,700
|
-3,000
|
-8,900
|
-13.6%
|
-12,300
|
EAST BAY MANUFACTURING PAYROLL
EMPLOYMENT
The East Bay’s manufacturing sector showed an overall loss of 4,300 jobs when compared with January 2008. Most losses occurred in the food and residual-miscellaneous sectors.
|
|
Jan-09
|
1 Month Change
|
12 Month Change
|
12 Month % Change
|
24 Month Change
|
|
Chemical
|
7,100
|
100
|
200
|
2.9%
|
0
|
|
Petroleum and Coal
Products
|
7,800
|
-200
|
100
|
1.3%
|
400
|
|
Transportation Equipment
|
7,100
|
-100
|
-700
|
-9.0%
|
-400
|
|
Computer and Electronic
Products
|
19,000
|
-200
|
-900
|
-4.5%
|
-1,300
|
|
Residual-Food
|
19,400
|
-500
|
-1,100
|
-5.4%
|
-400
|
|
Residual-Miscellaneous
|
29,500
|
-700
|
-1,900
|
-6.1%
|
-2,400
|
|
All Manufacturing
|
89,900
|
-1,600
|
-4,300
|
-4.6%
|
-4,100
|
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