Monday, January 22, 2007

Meeker County One-Year Industry Employment Change

The total number of jobs has increased by 1.6 percent from 2005 (2nd Quarter). These figures are less than percent in the State of Minnesota, which experienced a gain of 1.9 percent from 2005 (2nd Quarter). The gains felt were less than than the gain reported at the US level of 2.0 percent.

Meeker County One-Year Percentage Growth in Employment

The Building finishing contractors industry has seen the largest percentage job growth, expanding by 40.9 percent from the 2nd quarter of 2005 to the 2nd quarter of 2006. This industry sector in Meeker County has grow faster than the industry job growth experienced in Minnesota, where it saw a loss of 3.6 percent. The Building finishing contractors industry in Meeker County outpaced the national average, which felt a gained 5.4 percent of the employment in this industry.

Top 5 Industries
1. Building finishing contractors (40.9 percent gain)
2. School and employee bus transportation (17.7 percent gain)
3. Architectural and engineering services (17.4 percent gain)
4. Cattle ranching and farming (16.8 percent gain)
5. Other specialty trade contractors (15.0 percent gain)

Meeker County One-Year Percentage Decline in Employment

The Lessors of real estate industry has lost the biggest percent of jobs, losing 51.4 percent from 2005 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry sector has felt in the State of Minnesota, where the industry felt a gain of 2.4 percent. The losses in the Lessors of real estate industry in Meeker County outpaced the United States in terms of percentage decline of industry employment. In this period, the United States lost 0.2 percent in terms of employment in the Lessors of real estate industry.

Top 5 Industries
1. Lessors of real estate (51.4 percent decline)
2. Electronic markets and agents and brokers (30.1 percent decline)
3. Other motor vehicle dealers (29.6 percent decline)
4. Poultry and egg production (22.7 percent decline)
5. Misc. nondurable goods merchant wholesalers (21.6 percent decline)

Total One-Year Employment Decline in Meeker County

The Misc. nondurable goods merchant wholesalers industry witnessed the largest drop in employment, losing a total of 29 jobs during the period. The employment lost in the Misc. nondurable goods merchant wholesalers industry make up 19.2 percent of the jobs lost during the period in Meeker County, Minnesota.

Top 5 Industries
1. Misc. nondurable goods merchant wholesalers (29 jobs lost)
2. Limited-service eating places (20 jobs lost)
3. Poultry and egg production (17 jobs lost)
4. Gasoline stations (13 jobs lost)
5. Lessors of real estate (13 jobs lost)

Out of the 37 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 19 described an expansion of jobs throughout the time period, while 18 industry sectors reported declines during the time period.

In Meeker County, Minnesota, the total number of workers for all sectors has increased by 92 total jobs from 2005 to 2006.

Total One-Year Employment Growth in Meeker County

From the industries (4-digit NAICS) in the area, the Grocery stores industry has grown the most with 12 new jobs created in the period. The job growth in the Grocery stores industry makes up 13.6 percent of the total employment growth in Meeker County.

Top 5 Industries
1. Grocery stores (12 new jobs)
2. Other specialty trade contractors (11 new jobs)
3. Cattle ranching and farming (11 new jobs)
4. School and employee bus transportation (11 new jobs)
5. Building finishing contractors (6 new jobs)





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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