Employment Report for Lyon County, Minnesota -- Annual 2005 Industry Summary
The Manufacturing has seen the largest decrease in industry presence in Lyon County since the year 2001. The industry went from accounting for 34.2 percent of employment in 2001 to 18.6 percent of total employment in the year 2005.
Administrative and waste services has grown in employment, since the year 2001, more than any other industry in Lyon County, with an industry growth of 110 percent. This is greater than the change of total jobs in the industry for the United States of 4.5 percent. The State of Minnesota went through a industry job change of 1.8 percent, in the course of time since 2001.
In Lyon 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 largest employment industry and makes up 18.6 percent of all the jobs in the county. This makes up 2,265 people employed. The Retail Trade and Health care and social assistance sectors provide 17.4 and 10.6 percent of the total jobs, respectively.
Manufacturing has the largest employers in Lyon County, with the industry averaging 61 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 Lyon County, Finance and insurance, Manufacturing and Retail Trade have the highest US LQ in 2005. The Finance and insurance sector in the county has a location quotient of 1.47. The percent of employment in the Finance and insurance industry is 1.47 times the percent of the national average, This signifies that Lyon County may specialize, or be an exporter of Finance and insurance.
Manufacturing since the year 2001 was faced with the largest loss in employment in Lyon County. The industry was hit with a loss of 1,848 jobs, or 44.9 percent of industry's employment. The industry declines made up 93 percent of all employment losses in the county.
Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW).
The Manufacturing has seen the largest decrease in industry presence in Lyon County since the year 2001. The industry went from accounting for 34.2 percent of employment in 2001 to 18.6 percent of total employment in the year 2005.
Administrative and waste services has grown in employment, since the year 2001, more than any other industry in Lyon County, with an industry growth of 110 percent. This is greater than the change of total jobs in the industry for the United States of 4.5 percent. The State of Minnesota went through a industry job change of 1.8 percent, in the course of time since 2001.
In Lyon 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 largest employment industry and makes up 18.6 percent of all the jobs in the county. This makes up 2,265 people employed. The Retail Trade and Health care and social assistance sectors provide 17.4 and 10.6 percent of the total jobs, respectively.
Manufacturing has the largest employers in Lyon County, with the industry averaging 61 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 Lyon County, Finance and insurance, Manufacturing and Retail Trade have the highest US LQ in 2005. The Finance and insurance sector in the county has a location quotient of 1.47. The percent of employment in the Finance and insurance industry is 1.47 times the percent of the national average, This signifies that Lyon County may specialize, or be an exporter of Finance and insurance.
Manufacturing since the year 2001 was faced with the largest loss in employment in Lyon County. The industry was hit with a loss of 1,848 jobs, or 44.9 percent of industry's employment. The industry declines made up 93 percent of all employment losses in the county.
Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW).
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