Monday, October 30, 2006

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

In Polk County, Agriculture, forestry, fishing and hunting, Health care and social assistance and Manufacturing industries, in terms of United States location quotient, are the most dominant in the region. The Agriculture, forestry, fishing and hunting industry has an LQ of 3.62. In other words, the percent of total jobs in the Agriculture, forestry, fishing and hunting industry is 3.62 times greater than the US average, showing signs that Polk County produces more than its local requirement of products and/or services of Agriculture, forestry, fishing and hunting.

In Polk County, Health care and social assistance, Manufacturing, and the Retail Trade sectors, in terms of total employment, are the largest. Health care and social assistance produces the largest number of jobs in the area accounting for 25.2 percent of the total county employment. This totals 2,494 individuals. The Manufacturing and Retail Trade industries make up 17.1 and 12.1 percent of total employment, respectively.

Manufacturing has the largest employers in Polk County. In the County, the industry averages 38 jobs per place of business. This is less than the industry's average in the United States of 39 and less than the State of Minnesota typical size of 39 for the Manufacturing industry.

Real estate and rental and leasing has seen the highest growth in employment from the years 2001-2005 in Polk County, moving a total of 70.9 percent. This is greater than the United States industry change in employment of 4.3 percent. The State of Minnesota faced a industry job change of 4.3 percent, in the last 5 years.









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

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