Monday, October 30, 2006

Employment Report for Benton County, Minnesota -- Annual 2005 Industry Summary

In Benton County, Manufacturing, Retail Trade, and the Health care and social assistance sectors are the largest industries, in terms of total number of jobs in 2005. The Manufacturing is the major employer in the county making up 33.2 percent of total employment in the county, making up 4,837 people employed. The Retail Trade and Health care and social assistance industries make up 11.6 and 10.2 percent of industry employment.

In Benton County, Manufacturing, Wholesale trade and Construction have the highest US LQ in 2005. The Manufacturing industry has an LQ of 2.59. The percent of employment in the Manufacturing sector is 2.59 times more than the average percent in the United States, revealing signs that Benton specializes in Manufacturing.

Manufacturing has the largest employers in Benton County, averaging 53 jobs per place of business. This is greater than the industry's average in the United States of 39 and greater than the Minnesota establishments size average of 39 for the Manufacturing industry.

Administrative and waste services since the year 2001 lost the most jobs in Benton County. The industry lost a total of 301 total jobs during the period, accounting for 30.7 percent of jobs in the industry. The losses in this industry made up 65.4 percent of all employment losses in the county.

Real estate and rental and leasing has seen the highest growth in employment from the years 2001-2005 in Benton County, with an employment growth of 360.5 percent. This is greater than the United States change in the sector jobs of 4.3 percent. The State of Minnesota had an industry job change of 4.3 percent, during the period of 2001 to 2005.







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

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