Monday, January 22, 2007

Aitkin County One-Year Industry Employment Change

Total One-Year Employment Growth in Aitkin County

The Building equipment contractors industry has accounted the most employment growth with a total of 21 employees finding new jobs in the industry. The employment growth in the Building equipment contractors industry makes up 18.9 percent of the total employment growth in Aitkin County.

Top 5 Industries
1. Building equipment contractors (21 new jobs)
2. Limited-service eating places (20 new jobs)
3. Grocery stores (14 new jobs)
4. Other general merchandise stores (13 new jobs)
5. Sporting goods and musical instrument stores (11 new jobs)

In Aitkin County, Minnesota, the entire sum of jobs in all industries overall has increased by 30 jobs from mid-2005 to mid-2006.

Total One-Year Employment Decline in Aitkin County

Of the area's industries (4-digit NAICS), the General freight trucking industry witnessed the largest drop in employment, losing a total of 24 jobs in that time period. The declines in the General freight trucking industry make up 28.5 percent of the total employment decline in Aitkin County, Minnesota.

Top 5 Industries
1. General freight trucking (24 jobs lost)
2. Gasoline stations (11 jobs lost)
3. Drinking places, alcoholic beverages (8 jobs lost)
4. Logging (8 jobs lost)
5. Automobile dealers (7 jobs lost)

Given the 31 industries with industry data reported by the BLS in each quarter, 13 showed an escalation in the number employed, while 18 industries reported a drop in employment.

Aitkin County One-Year Percentage Decline in Employment

The General freight trucking industry has lost the largest amount of employment in terms of percentage, losing 55.9 percent of the jobs from 2005 to 2006. These have declined faster than the industry has experienced in the State of Minnesota, where the industry felt a gain of 1.6 percent. The losses in the General freight trucking industry in Aitkin County outpaced the US in terms of percent of decline of industry employment. The US gained 2.3 in percent of workers in the General freight trucking industry.

Top 5 Industries
1. General freight trucking (55.9 percent decline)
2. Logging (38.3 percent decline)
3. Building finishing contractors (18 percent decline)
4. Automobile dealers (16.8 percent decline)
5. Specialized freight trucking (14.3 percent decline)

The total number of jobs has increased by 0.9 percent from 2005 (2nd Quarter). These figures are less than percent in the State of Minnesota, which went through a gain of 1.9 percent from 2005 (2nd Quarter). The gains the area experienced were less than than the gain reported at the US level of 2.0 percent.

Aitkin County One-Year Percentage Growth in Employment

The Sporting goods and musical instrument stores industry has seen the largest percentage job growth, expanding by 212.5 percent from the 2005 (Q2) to the 2006 (Q2). This industry in Aitkin County has grow faster than the overall industry growth seen in the State of Minnesota, where this industry saw a gain of 3.1 percent. The Sporting goods and musical instrument stores industry in Aitkin County outpaced the nation in terms of industry employment growth . During this period, the nation gained 4.2 percent in this industry.

Top 5 Industries
1. Sporting goods and musical instrument stores (212.5 percent gain)
2. Offices of real estate agents and brokers (58.8 percent gain)
3. Other amusement and recreation industries (34.4 percent gain)
4. Other specialty trade contractors (22.8 percent gain)
5. Building equipment contractors (22.8 percent gain)





About: This report is part 1 of 6 in the eCanned.com Industry Analysis Series.

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

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