Employment Report for Steele County, Minnesota -- Annual 2005 Industry Summary
Real estate and rental and leasing saw the biggest increase in jobs since the year 2001 in Steele County, increasing in size by 23.5 percent. This is greater than the United States change in the sector jobs of 4.3 percent. The State of Minnesota went through a industry job change of 4.3 percent, during the period.
Steele County is ranked number 19 of 88 total Counties compared to other Counties in State of Minnesota in terms the size of total employment in 2005. This ranking has moved up between the years 2001 and 2005. In 2001, the County was ranked 17 of 88 Counties.
In Steele County, Manufacturing, Retail Trade, and the Finance and insurance sectors, in terms of total employment, are the largest. Manufacturing provides the most jobs and contributes 32.3 percent of total employment in the county, making up 5,864 individuals. The Retail Trade and Finance and insurance sectors provide 18 and 9.9 percent of industry employment.
Manufacturing is the industry with the largest establishments in Steele County. The industry averages 69 jobs per establishment, which is greater than the US industry average of 39 and greater than the Minnesota average of 39 for the Manufacturing industry.
Manufacturing since the year 2001 was faced with the largest loss in employment in Steele County. The industry lost a total of 581 jobs, or 9 percent of employment in the sector. These losses made up 42.3 percent of all employment losses in the county.
In Steele County, Manufacturing, Finance and insurance and Retail Trade industries have the highest United States location quotient (LQ). The Manufacturing industry has an LQ of 2.52. This means the percent of total employment in the Manufacturing sector is 2.52 times the percent of the national average, This signifies that Steele County may specialize, or be an exporter of Manufacturing.
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 Steele County, increasing in size by 23.5 percent. This is greater than the United States change in the sector jobs of 4.3 percent. The State of Minnesota went through a industry job change of 4.3 percent, during the period.
Steele County is ranked number 19 of 88 total Counties compared to other Counties in State of Minnesota in terms the size of total employment in 2005. This ranking has moved up between the years 2001 and 2005. In 2001, the County was ranked 17 of 88 Counties.
In Steele County, Manufacturing, Retail Trade, and the Finance and insurance sectors, in terms of total employment, are the largest. Manufacturing provides the most jobs and contributes 32.3 percent of total employment in the county, making up 5,864 individuals. The Retail Trade and Finance and insurance sectors provide 18 and 9.9 percent of industry employment.
Manufacturing is the industry with the largest establishments in Steele County. The industry averages 69 jobs per establishment, which is greater than the US industry average of 39 and greater than the Minnesota average of 39 for the Manufacturing industry.
Manufacturing since the year 2001 was faced with the largest loss in employment in Steele County. The industry lost a total of 581 jobs, or 9 percent of employment in the sector. These losses made up 42.3 percent of all employment losses in the county.
In Steele County, Manufacturing, Finance and insurance and Retail Trade industries have the highest United States location quotient (LQ). The Manufacturing industry has an LQ of 2.52. This means the percent of total employment in the Manufacturing sector is 2.52 times the percent of the national average, This signifies that Steele County may specialize, or be an exporter of Manufacturing.
Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW).
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