Monday, October 30, 2006

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

Educational services is the industry that has grown the most in terms of employment from 2001-2005 in Ramsey County, growing in new jobs by 12.7 percent. This is less than the change of total jobs in the industry for the United States of 13.8 percent. The State of Minnesota had changed in sector employment of 12.1 percent, in the duration of 2001 to 2005.

Manufacturing saw the largest loss of employment between the years 2001-2005 in Ramsey County. The sector dealt with a loss of 4,468 employees during the period, or 12.2 percent of employment in the sector. These losses made up 26.9 percent of the total loss in employment during the period.

In Ramsey 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 is the major employer in the county making up 15.6 percent of all jobs throughout the county, totaling 42,729 jobs. The Manufacturing and Retail Trade industries make up 11.7 and 11.6 percent of total employment, respectively.

In Ramsey County, Management of companies and enterprises, Educational services and Finance and insurance industries, in terms of United States location quotient, are the most dominant in the region. The Management of companies and enterprises industry has a US LQ in the county of 3.7. This means the percent of total employment in the Management of companies and enterprises sector is 3.7 times greater than the national average, signifying that Ramsey specializes in Management of companies and enterprises.

Management of companies and enterprises has the largest employers in Ramsey County. The industry averages 132 employees per business. This is greater than the industry's national average of 40 and greater than the State of Minnesota average establishment size of 59 for the Management of companies and enterprises industry.







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

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