Monday, January 22, 2007

Sibley County One-Year Industry Employment Change

In Sibley County, Minnesota, the entire sum of jobs in all industries overall has decreased by 69 jobs between mid-2005 and mid-2006.

Total One-Year Employment Growth in Sibley County

Of the industries (4-digit NAICS) in the area, the Building equipment contractors industry has brought the most jobs with a total of 16 new jobs created in the period. The job growth in the Building equipment contractors industry makes up 25.7 percent of the growth in Sibley County.

Top 5 Industries
1. Building equipment contractors (16 new jobs)
2. Full-service restaurants (10 new jobs)
3. Cattle ranching and farming (10 new jobs)
4. General freight trucking (6 new jobs)
5. Misc. nondurable goods merchant wholesalers (5 new jobs)

Of the 21 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 9 reported job growth in the duration of the year and 10 industries reported employment loss in the period.

Total One-Year Employment Decline in Sibley County

Given the industries in the area, the Gasoline stations industry witnessed the largest drop in employment, losing a total of 79 jobs during the period. The employment lost in the Gasoline stations industry make up 69.0 percent of the total employment decline in Sibley County, Minnesota.

Top 5 Industries
1. Gasoline stations (79 jobs lost)
2. Limited-service eating places (19 jobs lost)
3. Grocery stores (6 jobs lost)
4. Other amusement and recreation industries (4 jobs lost)
5. Insurance agencies, brokerages, and related (2 jobs lost)

Sibley County One-Year Percentage Growth in Employment

The Auto parts, accessories, and tire stores industry has experienced the largest percentage growth, expanding by 60.0 percent from 2005 to 2006. This industry in Sibley County has expanded faster than the growth seen in the industry for Minnesota, where this industry saw a gain of 2.7 percent. The Auto parts, accessories, and tire stores industry in Sibley County outpaced the nation in terms of industry employment growth . During this period, the nation gained 0.6 percent in this industry.

Top 5 Industries
1. Auto parts, accessories, and tire stores (60.0 percent gain)
2. Personal care services (32.4 percent gain)
3. Cattle ranching and farming (25.2 percent gain)
4. Building equipment contractors (22.2 percent gain)
5. Religious organizations (19.4 percent gain)

Employment for all industries has decreased by 2.1 percent from 2005 (2nd Quarter). These figures are greater than growth in the State of Minnesota, which experienced a gain of 1.9 percent since 2005 ( 2nd Quarter). The losses felt were greater than than the gain experienced overall in the US of 2.0 percent.

Sibley County One-Year Percentage Decline in Employment

The Gasoline stations industry has seen the largest percentage drop in employment, losing 54.8 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 felt a loss of 7.2 percent. The losses in the Gasoline stations industry in Sibley County outpaced the United States industry losses overall. During this period, the United States lost 0.3 percent in terms of employment in the Gasoline stations industry.

Top 5 Industries
1. Gasoline stations (54.8 percent decline)
2. Other amusement and recreation industries (30.2 percent decline)
3. Limited-service eating places (26 percent decline)
4. Activities related to real estate (14.3 percent decline)
5. Insurance agencies, brokerages, and related (14.3 percent decline)





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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