What does this measure?
The net growth or decline in jobs by sector, shown as a percentage gain or loss from 2001 to 2021.
Why is this important?
Job growth by sector is a key indicator of economic vitality, and reveals how the structure of industry and the composition of employment in the region are changing.
How is our county doing?
Among large sectors, Essex County has seen the greatest growth in the Financial Activities (82%), Healthcare and Social Assistance (46%) and Professional and Business Services (20%) sectors. The biggest decline among large sectors was in Manufacturing, where jobs fell 33%. Some smaller sectors had large gains or declines: Educational Services, with 3% of total jobs, grew 69% since 2001, and Information, with 1.4% of all jobs, declined 35%. Trends in Essex County were similar to statewide and national trends.
The largest sectors in Essex County in 2021 were Trade, Transportation and Utilities and Health Care and Social Assistance with 18% and 15% of total jobs respectively, followed by Professional and Business Services (14%), Financial Services (10%), and Leisure and Hospitality and Manufacturing (both at 9.0%). These shares were largely similar to the state and national distribution of jobs.
How do we compare to similar counties?
Essex County's trends were very similar to trends in the comparison counties. All the counties, for example, had losses in Manufacturing - jobs fell 44% in Westchester, NY, 40% in Middlesex, MA and 3% in Lake County, IL. - and gains in Financial Activities - up 77% in Westchester, 80% in Middlesex and 35% in Lake.
Notes about the data
County employment estimates are reported by place of work, not place of residence.