Employment Report for Cottonwood County, Minnesota -- Annual 2005 Industry Summary
Real estate and rental and leasing saw the biggest increase in jobs since the year 2001 in Cottonwood County, moving a total of 200 percent. This is greater than the national sector change of 4.3 percent. The State of Minnesota encountered a change in industry employment of 4.3 percent, in the period of time since 2001.
Manufacturing has the largest employers in Cottonwood County, with the industry averaging 55 workers per each place of employment, being greater than the industry's average at the national level of 39 and greater than the Minnesota average of 39 for the Manufacturing industry.
In Cottonwood County, Manufacturing, Health care and social assistance, and the Retail Trade sectors, in terms of total employment, are the largest. Manufacturing is the major employer in the county making up 33.3 percent of all the jobs in the county. This makes up 1,368 employees. The Health care and social assistance and Retail Trade sectors account for 19.6 and 11.8 percent of total employment, respectively.
In Cottonwood County, Manufacturing, Health care and social assistance and Wholesale trade are the three industries with the highest location quotients. The Manufacturing sector in the county has a location quotient of 2.59. This means the percent of total employment in the Manufacturing industry is 2.59 times greater than the national average, signifying that Cottonwood County may specialize, or be an exporter of Manufacturing.
Retail Trade saw the largest loss of employment between the years 2001-2005 in Cottonwood County. The sector faced a loss of 140 employees during the period, or 22.4 percent of jobs in the industry. The losses in this industry made up 75.7 percent of all county employment losses since 2001.
Cottonwood County is ranked number 62 of 88 Counties throughout the State of Minnesota according to the relatively size of the employment base in the year 2005. This ranking has moved up from the year 2001, at which time the County was ranked 60 of 88 Counties.
Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW).
Real estate and rental and leasing saw the biggest increase in jobs since the year 2001 in Cottonwood County, moving a total of 200 percent. This is greater than the national sector change of 4.3 percent. The State of Minnesota encountered a change in industry employment of 4.3 percent, in the period of time since 2001.
Manufacturing has the largest employers in Cottonwood County, with the industry averaging 55 workers per each place of employment, being greater than the industry's average at the national level of 39 and greater than the Minnesota average of 39 for the Manufacturing industry.
In Cottonwood County, Manufacturing, Health care and social assistance, and the Retail Trade sectors, in terms of total employment, are the largest. Manufacturing is the major employer in the county making up 33.3 percent of all the jobs in the county. This makes up 1,368 employees. The Health care and social assistance and Retail Trade sectors account for 19.6 and 11.8 percent of total employment, respectively.
In Cottonwood County, Manufacturing, Health care and social assistance and Wholesale trade are the three industries with the highest location quotients. The Manufacturing sector in the county has a location quotient of 2.59. This means the percent of total employment in the Manufacturing industry is 2.59 times greater than the national average, signifying that Cottonwood County may specialize, or be an exporter of Manufacturing.
Retail Trade saw the largest loss of employment between the years 2001-2005 in Cottonwood County. The sector faced a loss of 140 employees during the period, or 22.4 percent of jobs in the industry. The losses in this industry made up 75.7 percent of all county employment losses since 2001.
Cottonwood County is ranked number 62 of 88 Counties throughout the State of Minnesota according to the relatively size of the employment base in the year 2005. This ranking has moved up from the year 2001, at which time the County was ranked 60 of 88 Counties.
Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW).
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