|December 2005 Current Employment Report|
|Bureau of Labor Statistics|
The Guam Department of Labor's Bureau of Labor Statistics is pleased to release the December 2005 Current Employment Report.
Total payroll employment on Guam increased by 280 jobs in the latest quarter bringing the year's cumulative job gain to 590 jobs. Total payroll employment went from 57,400 to 57,990 over the one year period from December 2004 to December 2005.
The number of private sector jobs increased by 110 in the latest quarter and by 750 in the latest year. The Construction and Hotel categories led the private sector job gains this quarter with Construction employment increasing by 190 and Hotels by 100 jobs respectively. The largest gains over the year were in Services, Transportation and Public Utilities and Finance, Insurance & Real Estate. The Transportation and Public Utilities industry gains over the year are attributed to the reclassification of the Guam Telephone Authority from government to private industry. Construction industry employment, while still 350 jobs below that of a year ago, appears to be on the rebound with it being the industry with the largest job gains this quarter.
Federal government employment was virtually unchanged this quarter but was down slightly over the latest year. Government of Guam employment increased by 170 this quarter due to an increase in the Guam Public School System (GPSS), but the total remained 70 jobs below that of one year ago.
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