Employment Report for Hennepin County, Minnesota -- Annual 2005 Industry Summary
In Hennepin County, Management of companies and enterprises, Finance and insurance and Professional and technical services industries have the highest United States location quotient (LQ). The Management of companies and enterprises sector in the county has a location quotient of 3.12. The percent of employment in the Management of companies and enterprises sector is 3.12 times greater than the national average, signifying that Hennepin may be an exporter of products or services of Management of companies and enterprises.
In Hennepin County, Health care and social assistance, Manufacturing, and the Retail Trade industries have the largest percent of jobs of all industries. The Health care and social assistance is the largest employment industry and makes up 12.3 percent of the total county employment. This totals 91,701 people employed. The Manufacturing and Retail Trade sectors account for 11.6 and 10.8 percent of all employment.
Manufacturing since the year 2001 was faced with the largest loss in employment in Hennepin County. The sector dealt with a loss of 11,361 jobs during the period, or 11.6 percent of employment in the sector. These losses made up 25 percent of the total jobs loss in the County.
Management of companies and enterprises has the largest employers in Hennepin County. The industry averages 81 employees per business. This is greater than the industry's national average of 40 and greater than the State of Minnesota average of 59 for the Management of companies and enterprises industry.
Mining has seen the highest growth in employment from the years 2001-2005 in Hennepin County, with an employment growth of 19.8 percent. This is greater than the United States change in the sector jobs of 4.7 percent. The State of Minnesota went through a industry job change of -14.1 percent, in the period of time since 2001.
Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW).
In Hennepin County, Management of companies and enterprises, Finance and insurance and Professional and technical services industries have the highest United States location quotient (LQ). The Management of companies and enterprises sector in the county has a location quotient of 3.12. The percent of employment in the Management of companies and enterprises sector is 3.12 times greater than the national average, signifying that Hennepin may be an exporter of products or services of Management of companies and enterprises.
In Hennepin County, Health care and social assistance, Manufacturing, and the Retail Trade industries have the largest percent of jobs of all industries. The Health care and social assistance is the largest employment industry and makes up 12.3 percent of the total county employment. This totals 91,701 people employed. The Manufacturing and Retail Trade sectors account for 11.6 and 10.8 percent of all employment.
Manufacturing since the year 2001 was faced with the largest loss in employment in Hennepin County. The sector dealt with a loss of 11,361 jobs during the period, or 11.6 percent of employment in the sector. These losses made up 25 percent of the total jobs loss in the County.
Management of companies and enterprises has the largest employers in Hennepin County. The industry averages 81 employees per business. This is greater than the industry's national average of 40 and greater than the State of Minnesota average of 59 for the Management of companies and enterprises industry.
Mining has seen the highest growth in employment from the years 2001-2005 in Hennepin County, with an employment growth of 19.8 percent. This is greater than the United States change in the sector jobs of 4.7 percent. The State of Minnesota went through a industry job change of -14.1 percent, in the period of time since 2001.
Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW).
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