Employment Report for Yellow Medicine County, Minnesota -- Annual 2005 Industry Summary
The Manufacturing sector has decreased the most in local industry presence in Yellow Medicine County since 2001, going from making up 18.3 percent of total employment for the year 2001 to 11.7 percent of total employment in the year 2005.
In Yellow Medicine County, Retail Trade, Construction, and the Manufacturing sectors are the largest industries, in terms of total number of jobs in 2005. The Retail Trade provides the most jobs and contributes 14 percent of all jobs throughout the county, totaling 374 employees. The Construction and Manufacturing industries make up 12.5 and 11.7 percent of total employment, respectively.
Manufacturing has the largest employers in Yellow Medicine County, with the industry averaging 15 jobs per establishment, which is less than the US industry average of 39 and less than the State of Minnesota average of 39 for the Manufacturing industry.
Manufacturing saw the largest loss of employment between the years 2001-2005 in Yellow Medicine County. The industry was hit with a loss of 186 employees during the period, or 37.2 percent of jobs in the industry. The losses in this industry made up 56.5 percent of the total loss in employment during the period.
In Yellow Medicine County, Construction, Wholesale trade and Retail Trade have the highest US LQ in 2005. The Construction sector in the county has a location quotient of 1.9. In other words, the percent of total jobs in the Construction sector is 1.9 times more than the average percent in the United States, revealing signs that Yellow Medicine County produces more than its local requirement of products and/or services of Construction.
Construction in the period of 2001 to 2005 had the largest increase in employment in Yellow Medicine County, growing in new jobs by 187.9 percent. This is greater than the national employment change in the industry of 7.3 percent. The State of Minnesota experienced a sector employment shift of 5.2 percent, in the duration of 2001 to 2005.
Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW).
The Manufacturing sector has decreased the most in local industry presence in Yellow Medicine County since 2001, going from making up 18.3 percent of total employment for the year 2001 to 11.7 percent of total employment in the year 2005.
In Yellow Medicine County, Retail Trade, Construction, and the Manufacturing sectors are the largest industries, in terms of total number of jobs in 2005. The Retail Trade provides the most jobs and contributes 14 percent of all jobs throughout the county, totaling 374 employees. The Construction and Manufacturing industries make up 12.5 and 11.7 percent of total employment, respectively.
Manufacturing has the largest employers in Yellow Medicine County, with the industry averaging 15 jobs per establishment, which is less than the US industry average of 39 and less than the State of Minnesota average of 39 for the Manufacturing industry.
Manufacturing saw the largest loss of employment between the years 2001-2005 in Yellow Medicine County. The industry was hit with a loss of 186 employees during the period, or 37.2 percent of jobs in the industry. The losses in this industry made up 56.5 percent of the total loss in employment during the period.
In Yellow Medicine County, Construction, Wholesale trade and Retail Trade have the highest US LQ in 2005. The Construction sector in the county has a location quotient of 1.9. In other words, the percent of total jobs in the Construction sector is 1.9 times more than the average percent in the United States, revealing signs that Yellow Medicine County produces more than its local requirement of products and/or services of Construction.
Construction in the period of 2001 to 2005 had the largest increase in employment in Yellow Medicine County, growing in new jobs by 187.9 percent. This is greater than the national employment change in the industry of 7.3 percent. The State of Minnesota experienced a sector employment shift of 5.2 percent, in the duration of 2001 to 2005.
Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW).
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