Monday, January 22, 2007

Goodhue County One-Year Industry Employment Change

Goodhue County One-Year Percentage Decline in Employment

The Management and technical consulting services industry has seen the largest percentage drop in employment, losing 49.1 percent of the jobs from the 2nd quarter of 2005 to 2nd quarter of 2006. The losses of the area have declined faster than the industry has experienced in the State of Minnesota, where the it saw a gain of 13.2 percent. The losses in the Management and technical consulting services industry in Goodhue County outpaced the US in terms of percent of decline of industry employment. The US gained 9.5 in percent of workers in the Management and technical consulting services industry.

Top 5 Industries
1. Management and technical consulting services (49.1 percent decline)
2. Book, periodical, and music stores (36.7 percent decline)
3. Lessors of real estate (34.7 percent decline)
4. Sporting goods and musical instrument stores (29.9 percent decline)
5. Highway, street, and bridge construction (29.2 percent decline)

Goodhue County One-Year Percentage Growth in Employment

The Activities related to real estate industry has gone through the largest job growth by percent, increasing by 512.8 percent from 2005 (2nd quarter) to 2006 (2nd quarter). This industry sector in Goodhue County has added employment faster than the overall industry growth seen in the State of Minnesota, where this industry saw a gain of 4 percent. The Activities related to real estate industry in Goodhue County outpaced the national average, which felt a gained 4.1 percent in this industry.

Top 5 Industries
1. Activities related to real estate (512.8 percent gain)
2. Grocery and Related Product Wholesalers (210.3 percent gain)
3. Other specialty trade contractors (106.4 percent gain)
4. Employment services (101.7 percent gain)
5. Waste collection (100.0 percent gain)

Employment for all industries has increased by 1.8 percent from the reported values in 2005. These values are less than growth in Minnesota, which saw a gain of 1.9 percent since 2005 ( 2nd Quarter). The gains felt were less than than the gain seen for the United States of 2.0 percent.

Total One-Year Employment Growth in Goodhue County

From the industries (4-digit NAICS) in the area, the Employment services industry has brought the most jobs with a total of 180 new jobs created in the period. The job growth in the Employment services industry makes up 22.2 percent of the growth in Goodhue County.

Top 5 Industries
1. Employment services (180 new jobs)
2. Activities related to real estate (133 new jobs)
3. Full-service restaurants (81 new jobs)
4. General freight trucking (39 new jobs)
5. Utility system construction (38 new jobs)

Total One-Year Employment Decline in Goodhue County

Of the area's industries (4-digit NAICS), the Grocery stores industry witnessed the largest drop in employment, losing a total of 64 jobs during the time period. The jobs lost in the Grocery stores industry make up 14.8 percent of the jobs lost during the period in Goodhue County, Minnesota.

Top 5 Industries
1. Grocery stores (64 jobs lost)
2. Civic and social organizations (55 jobs lost)
3. Dairy product manufacturing (28 jobs lost)
4. Gasoline stations (24 jobs lost)
5. Management and technical consulting services (19 jobs lost)

Out of the 87 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 39 described an expansion of jobs throughout the time period, while 46 industry sectors accounting for employment declines during that time period.

In Goodhue County, Minnesota, the entire sum of jobs in all industries overall has increased by 290 jobs between mid-2005 and mid-2006.





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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