employment is expected to increase by over 50,000 jobs during
the 2012-2022 projection period. Employment in 2022 is expected
to reach 545,550, an increase of 51,420 (10.4%) from the 2012
employment level of 494,130. While job gains are anticipated in
nearly all major economic sectors, the individual industries
within the sectors are projected to grow at different rates.
Employment in the Retail Trade sector is projected to grow at
below average rates, while employment in Building Material and
Garden Equipment and Supplies Dealers (+18.2%), a subsector
within Retail Trade, is projected to grow at significantly
higher than average rates.
consider an expanding industry to be one that is growing at a
faster rate than the rest of the economy.
industry that is expected to grow by at least 10.5 percent and
add a minimum of one hundred jobs during the 2012-2022
projection period or any industry that is projected to add a
minimum of 100 jobs annually, regardless of the growth rate is
classified as an “expanding industry”.
declining industry is considered to be any industry, with a
minimum employment level of 100, that is expected to show
negative job growth resulting in the loss of fifty jobs or more
during the 2012-2022 projection period.
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