Table IV
ISLAND COUNTY
Annual Average Nonagricultural Wage
and Salary Employment
2003 and 2008 Projections
|
Table IV |
|
Percent Change |
|||||
|
1998 |
2003 |
2008 |
1998-2003 |
2003-2008 |
|
|
TOTAL |
14,160 |
15,440 |
16,410 |
9.0% |
6.3% |
|
MANUFACTURING |
780 |
840 |
890 |
7.7% |
6.0% |
|
CONSTRUCTION & MINING |
880 |
930 |
940 |
5.7% |
1.1% |
|
TRANSPORTATION & UTILITIES |
500 |
490 |
510 |
-2.0% |
4.1% |
|
WHOLESALE & RETAIL TRADE |
3,540 |
3,790 |
3,920 |
7.1% |
3.4% |
|
FINANCE, INS. & REAL ESTATE |
890 |
910 |
920 |
2.2% |
1.1% |
|
SERVICES |
3,130 |
3,580 |
3,920 |
14.4% |
9.5% |
|
GOVERNMENT |
4,440 |
4,900 |
5,310 |
10.4% |
8.4% |
Description of process: The base year 1998 estimates for the projections come from annual Unemployment Insurance (UI) tax data, and from estimates of railroad and other not covered employment by the state and federal UI programs. The projected employment increases were estimated using a combination of five types of forecasting models with some individual industry adjustments. These projections were made before final benchmarking of the 1998 annual estimates was completed by the Regional Labor Economists. As a result, the 1998 numbers indicated in these tables may differ from the benchmarked estimates which will be published later this year.
LMEA 1/2000