Sunday, October 29, 2006

Employment Report for Monroe County, Iowa -- Annual 2005 Industry Summary

The Manufacturing industry decreased the most in percent of total employment in Monroe County, since the year 2001, moving from making up 40.9 percent of total jobs in the year 2001 to 29.3 percent of total employment in the year 2005.

Manufacturing has the largest employers in Monroe County, averaging 28 jobs per establishment, which is less than the industry's average at the national level of 39 and less than the State of Iowa average of 54 for the Manufacturing industry.

Manufacturing since the year 2001 was faced with the largest loss in employment in Monroe County. The industry lost a total of 485 jobs, or 47.8 percent of industry's employment. The industry declines made up 54.7 percent of all employment losses in the county.

In Monroe County, Manufacturing, Other services, except public administration and Retail Trade industries have the highest United States location quotient (LQ). The Manufacturing sector has a United State LQ of 2.28. The percent of employment in the Manufacturing sector is 2.28 times greater than the US average, showing signs that Monroe County produces more than its local requirement of products and/or services of Manufacturing.

Other services, except public administration saw the biggest increase in jobs since the year 2001 in Monroe County, with an industry growth of 102 percent. This is greater than the national sector change of 2.8 percent. The State of Iowa saw a change in employment in the sector of -0.1 percent, in the duration of 2001 to 2005.

In Monroe County, Manufacturing, Retail Trade, and the Health care and social assistance sectors, in terms of total employment, are the largest. Manufacturing produces the largest number of jobs in the area accounting for 29.3 percent of all jobs throughout the county, totaling 529 individuals. The Retail Trade and Health care and social assistance industries make up 17.6 and 15.3 percent of the total jobs, respectively.

Monroe County is ranked number 90 of 99 Counties in the State of Iowa in terms the size of total employment in 2005. This ranking has moved up from the year 2001, at which time the County was ranked 80 of 99 Counties.



Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW).

 

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