Monday, October 30, 2006

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

Educational services is an attractive industry due to its high level of job growth since the year 2001 in McLeod County, with an industry growth of 136.6 percent. This is greater than the industry job change at the national level of 13.8 percent. The State of Minnesota experienced a change in employment in the sector of 12.1 percent, from 2001 to 2005.

In McLeod County, Manufacturing, Retail Trade, and the Health care and social assistance industries have the largest percent of jobs of all industries. The Manufacturing is the major employer in the county making up 41.9 percent of all the jobs in the county. This makes up 6,414 individuals. The Retail Trade and Health care and social assistance industries make up 14.5 and 10.1 percent of total employment, respectively.

Manufacturing is the industry with the largest establishments in McLeod County, averaging 84 jobs per place of business. This is greater than the industry's national average of 39 and greater than the State of Minnesota average establishment size of 39 for the Manufacturing industry.

In McLeod County, Manufacturing, Retail Trade and Other services, except public administration have the highest US LQ in 2005. The Manufacturing industry has a US LQ in the county of 3.27. This means the percent of total employment in the Manufacturing industry is 3.27 times greater than the US average, showing signs that McLeod specializes in Manufacturing.









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

 

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