Monday, January 22, 2007

Pipestone County One-Year Industry Employment Change

Total employment has increased by 1.8 percent since the 2nd Quarter of 2005. This is less than growth in Minnesota, experiencing a gain of 1.9 percent from the 2nd Quarter of 2005. The gains the area experienced were less than than the gain experienced overall in the US of 2.0 percent.

Pipestone County One-Year Percentage Growth in Employment

The Commercial machinery repair and maintenance industry has seen the largest percentage job growth, expanding by 217.1 percent from the 2005 (Q2) to the 2006 (Q2). This industry in Pipestone County has expanded faster than the overall industry growth seen in the State of Minnesota, where this industry saw a gain of 9.2 percent. The Commercial machinery repair and maintenance industry in Pipestone County outpaced the nation in terms of industry employment growth . During this period, the nation gained 4.9 percent of the employment in this industry.

Top 5 Industries
1. Commercial machinery repair and maintenance (217.1 percent gain)
2. Specialized freight trucking (39.2 percent gain)
3. Farm product raw material merch. whls. (13.5 percent gain)
4. Building foundation and exterior contractors (11.5 percent gain)
5. Building equipment contractors (10.8 percent gain)

Pipestone County One-Year Percentage Decline in Employment

The General freight trucking industry has lost the largest percent of jobs, losing 38.8 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 seen in the Minnesota, where the industry reported a gain of 1.6 percent. The losses in the General freight trucking industry in Pipestone County outpaced the United States industry losses overall. During this period, the United States gained 2.3 in percent of jobs in the General freight trucking industry.

Top 5 Industries
1. General freight trucking (38.8 percent decline)
2. Grocery stores (31.9 percent decline)
3. Limited-service eating places (17.1 percent decline)
4. Full-service restaurants (13.4 percent decline)
5. Offices of other health practitioners (8.5 percent decline)

Total One-Year Employment Decline in Pipestone County

Given the industries in the area, the Grocery stores industry experienced most substantial job loss, losing 39 jobs. The declines in the Grocery stores industry make up 37.8 percent of the jobs lost during the period in Pipestone County, Minnesota.

Top 5 Industries
1. Grocery stores (39 jobs lost)
2. Limited-service eating places (24 jobs lost)
3. Full-service restaurants (18 jobs lost)
4. General freight trucking (11 jobs lost)
5. Misc. nondurable goods merchant wholesalers (3 jobs lost)

Of the 18 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 9 reported job growth in the duration of the year and 9 industries reported employment loss in the period.

In Pipestone County, Minnesota, the entire sum of jobs in all industries overall has increased by 59 jobs between mid-2005 and mid-2006.

Total One-Year Employment Growth in Pipestone County

Out of the 4-digit NAICS industries, the Commercial machinery repair and maintenance industry has added the most employment with 25 jobs added during the time period. These new jobs in the Commercial machinery repair and maintenance industry makes up 42.2 percent of the total employment growth in Pipestone County.

Top 5 Industries
1. Commercial machinery repair and maintenance (25 new jobs)
2. Specialized freight trucking (10 new jobs)
3. Building foundation and exterior contractors (8 new jobs)
4. Farm product raw material merch. whls. (8 new jobs)
5. Building equipment contractors (3 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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