Faribault County One-Year Industry Employment Change
Faribault County One-Year Percentage Decline in Employment
The Architectural and engineering services industry has lost the largest percent of jobs, losing 40 percent from 2005 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry has seen in the Minnesota, where the it saw a gain of 6.2 percent. The losses in the Architectural and engineering services industry in Faribault County outpaced the US in terms of percent of decline of industry employment. The US gained 5.5 in percent of workers in the Architectural and engineering services industry.
Top 5 Industries
1. Architectural and engineering services (40 percent decline)
2. Gasoline stations (28.2 percent decline)
3. Grocery stores (26.3 percent decline)
4. Florists (20.4 percent decline)
5. Residential building construction (19.7 percent decline)
Faribault County One-Year Percentage Growth in Employment
The Lessors of real estate industry has witnessed the largest percentage of employment expansion, increasing by 24.2 percent from 2005 to 2006. This industry in Faribault County has grow faster than the industry has grown in the State of Minnesota, where it saw a gain of 2.4 percent. The Lessors of real estate industry in Faribault County outpaced the national average, which felt a lost 0.2 percent.
Top 5 Industries
1. Lessors of real estate (24.2 percent gain)
2. General freight trucking (19.7 percent gain)
3. Offices of dentists (18.3 percent gain)
4. Limited-service eating places (14.1 percent gain)
5. Health and personal care stores (10.8 percent gain)
Employment for all industries has decreased by 4.4 percent since the 2nd Quarter figures of 2005. This change is greater than growth in Minnesota, which went through a gain of 1.9 percent from the 2nd Quarter of 2005. The losses in the area were greater than than the gain felt at the national level of 2.0 percent.
Total One-Year Employment Growth in Faribault County
Out of the 4-digit NAICS industries, the Limited-service eating places industry has brought the most jobs with a total of 17 new jobs created in the period. The job growth in the Limited-service eating places industry makes up 30.4 percent of the total number of new jobs in Faribault County.
Top 5 Industries
1. Limited-service eating places (17 new jobs)
2. General freight trucking (10 new jobs)
3. Full-service restaurants (9 new jobs)
4. Civic and social organizations (4 new jobs)
5. Offices of dentists (4 new jobs)
In Faribault County, Minnesota, the entire sum of jobs in all industries overall has decreased by 193 total jobs from 2005 to 2006.
Total One-Year Employment Decline in Faribault County
Given the industries in the area, the Grocery stores industry experienced most substantial job loss, losing 45 jobs. The declines in the Grocery stores industry make up 34.1 percent of the total job loss in Faribault County, Minnesota.
Top 5 Industries
1. Grocery stores (45 jobs lost)
2. Gasoline stations (27 jobs lost)
3. Nursing care facilities (25 jobs lost)
4. Residential building construction (8 jobs lost)
5. Machinery and supply merchant wholesalers (5 jobs lost)
Given the 32 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 14 accounted an for increase in employment during the period and 13 industries reported a drop in employment.
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.
The Architectural and engineering services industry has lost the largest percent of jobs, losing 40 percent from 2005 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry has seen in the Minnesota, where the it saw a gain of 6.2 percent. The losses in the Architectural and engineering services industry in Faribault County outpaced the US in terms of percent of decline of industry employment. The US gained 5.5 in percent of workers in the Architectural and engineering services industry.
Top 5 Industries
1. Architectural and engineering services (40 percent decline)
2. Gasoline stations (28.2 percent decline)
3. Grocery stores (26.3 percent decline)
4. Florists (20.4 percent decline)
5. Residential building construction (19.7 percent decline)
Faribault County One-Year Percentage Growth in Employment
The Lessors of real estate industry has witnessed the largest percentage of employment expansion, increasing by 24.2 percent from 2005 to 2006. This industry in Faribault County has grow faster than the industry has grown in the State of Minnesota, where it saw a gain of 2.4 percent. The Lessors of real estate industry in Faribault County outpaced the national average, which felt a lost 0.2 percent.
Top 5 Industries
1. Lessors of real estate (24.2 percent gain)
2. General freight trucking (19.7 percent gain)
3. Offices of dentists (18.3 percent gain)
4. Limited-service eating places (14.1 percent gain)
5. Health and personal care stores (10.8 percent gain)
Employment for all industries has decreased by 4.4 percent since the 2nd Quarter figures of 2005. This change is greater than growth in Minnesota, which went through a gain of 1.9 percent from the 2nd Quarter of 2005. The losses in the area were greater than than the gain felt at the national level of 2.0 percent.
Total One-Year Employment Growth in Faribault County
Out of the 4-digit NAICS industries, the Limited-service eating places industry has brought the most jobs with a total of 17 new jobs created in the period. The job growth in the Limited-service eating places industry makes up 30.4 percent of the total number of new jobs in Faribault County.
Top 5 Industries
1. Limited-service eating places (17 new jobs)
2. General freight trucking (10 new jobs)
3. Full-service restaurants (9 new jobs)
4. Civic and social organizations (4 new jobs)
5. Offices of dentists (4 new jobs)
In Faribault County, Minnesota, the entire sum of jobs in all industries overall has decreased by 193 total jobs from 2005 to 2006.
Total One-Year Employment Decline in Faribault County
Given the industries in the area, the Grocery stores industry experienced most substantial job loss, losing 45 jobs. The declines in the Grocery stores industry make up 34.1 percent of the total job loss in Faribault County, Minnesota.
Top 5 Industries
1. Grocery stores (45 jobs lost)
2. Gasoline stations (27 jobs lost)
3. Nursing care facilities (25 jobs lost)
4. Residential building construction (8 jobs lost)
5. Machinery and supply merchant wholesalers (5 jobs lost)
Given the 32 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 14 accounted an for increase in employment during the period and 13 industries reported a drop in employment.
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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