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Ocean City MSA among country’s job leaders post-Sandy

Cindy Nevitt/ 
Job growth post-Sandy in the Ocean City Metropolitan Statistical Area (MSA) is being fueled in part by construction work, as storm-damaged structures are being repaired or new buildings are being erected.
Cindy Nevitt/ Job growth post-Sandy in the Ocean City Metropolitan Statistical Area (MSA) is being fueled in part by construction work, as storm-damaged structures are being repaired or new buildings are being erected.

OCEAN CITY – With the exception of November, the Ocean City Metropolitan Statistical Area (MSA) continues to be among the country’s leaders post-Sandy in job growth.

In its last report, the Bureau of Labor Statistics (BLS) placed the OCNJ MSA, which encompasses all of Cape May County, in a tie for eighth with Columbus, Ind., with 5.1 percent growth for January 2013 over January 2012. That equates to 1,600 more jobs this January than last January in the county.

Job growth was strongest in the categories of goods producing; leisure and hospitality; and trade, transportation and utilities. Construction, which falls under goods producing as well as manufacturing, natural resources and mining, added 100 jobs this January over last January.

The category continues to be strong in February, with preliminary reports showing the addition of 200 construction jobs this year over February 2012, said Patrick Hoskins, an economist with the Current Employment Statistics program of the BLS.

Although the county was relatively spared by Sandy, it is evident job growth after the storm is being fueled by construction work, as storm-damaged structures are being repaired or new buildings are being erected.

Leisure and hospitality grew by 200 job this January over last January, and trade, transportation and utilities, which include retail trade, added 100 jobs this January compared to last January.

In December 2012, the OC MSA was ranked fourth with 6.5 percent, or 2,400, more jobs than in December 2011. The area did not make the Top 20 among 400 metropolitan areas and divisions from all 50 states, the District of Columbia, Puerto Rico and the Virgin Islands in November 2012, falling into a tie for 23rd place when job growth was 3.9 percent over November 2011. That equated to a low of 1,500 more jobs in the month immediately following Sandy’s destruction in the county. The Ocean City MSA was ranked sixth with 5.9 percent job growth for October 2012, prior to Sandy’s landfall, over October 2011, posting an increase of 2,400 jobs.

The Ocean City MSA is one of four MSAs in New Jersey. The others are Atlantic City-Hammonton, Vineland-Millville-Bridgeton, and Trenton-Ewing.

The statistics are not a reflection of job growth for the year, but apply only to each month in comparison to the same month one year ago. Last year, the Ocean City MSA was ranked first in the nation in job growth for February and March, with 11.7 percent and 11.1 percent increases recorded over 2011 figures, respectively.

The CES surveys 145,000 businesses and government agencies, representing approximately 557,000 individual worksites, monthly.

Where OC MSA ranks

January 2013 vs. January 2012
1. Midland, Texas 9 percent
2. Odessa, Texas 8.2 percent
3. San Luis Obispo-Paso Robles, Calif 7.6 percent
4. Napa, Calif. 6.2 percent
5. Barnstable Town, Mass 5.6 perent
5. Provo-Orem, Utah 5.6 percent
7. Elkhart-Goshen, Ind. 5.2 percent
8. OCEAN CITY, NJ 5.1 percent
8. Columbus, Ind. 5.1 percent

December 2012 vs. December 2011
1. Lafayette, La. 8.6 percent
2. Elkhart-Goshen, Ind. 7 percent
3. Pascagoula, MO 6.7 percent
4. OCEAN CITY, NJ 6.5 percent
 
November 2012 vs November 2011
1. Lafayette, La. 10.1 percent
2. Sandusky, Ohio 7.6 percent
3. Elkhart-Goshen, Ind 6.4 percent
4. Odessa, Texas 5.9 percent
5. Columbus, Ind. 5.5 percent
6. Fort Wayne, Ind. 5.1 percent
7. Santa Rosa-Petaluma, Calif. 4.9 percent
8. Brunswick, Ga. 4.6 percent
9. Blacksburg-Christiansburg-Radford, Va. 4.7 percent
10. Bismarck, ND 4.5 percent
10. Fayetteville-Springdale-Rogers 4.5 percent
10. Bellingham, Wash. 4.5 percent

October 2012 vs October 2011
1. Lafayette, La. 8.5 percent
2. Elkhard, Ind. 7.3 percent
3. Columbus, Ind. 7.2 percent
4. Blacksburg-Christiansburg-Radford, Va. 6.5 percent
5. Pascagoula, Mo 6.4 percent
6. OCEAN CITY, NJ 5.9 percent


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