Employment is going nowhere fast
Macro
Aside from local gov, most industries show little growth and no momentum
How to read this:
- Industries to the right of the origin are growing
- Industries above the origin are accelerating
Danger Zone (Quadrant 3):
- Employment in Mining and Logging has been contracting and is getting worse.
Grow Zone(Quadrant 1):
- Local Gov employment has been growing and is accelerating
Largest Drivers:
- The industry markers are sized by size of the payroll employment.
- The largest industry, Health and Ed, is growing, but the pace is slowing
- Prof Business Services is next largest. Contracting with no momentum.
- Leisure & Hospitality is 3rd largest. Growing slightly faster than overall NFP but similarly has no momentum.