Saturday, February 24, 2007

Pipestone County Five-Year Industry Employment Change

Total industry employment has decreased by 4.5 percent from the reported values in 2001. These values are greater than growth in the State of Minnesota, which went through a gain of 2.5 percent from 2001 (2nd Quarter). The losses in the area were greater than than the gain experienced overall in the US of 2.6 percent.

Pipestone County Five-Year Percentage Decline in Employment

The General freight trucking industry has seen the largest percentage drop in employment, losing 62.3 percent from 2001 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry has experienced in the State of Minnesota, where the industry sector experienced a loss of 0.2 percent. The losses in the General freight trucking industry in Pipestone County outpaced the United States in terms of percentage decline of industry employment. In this period, the United States gained 0.2 in percent of jobs in the General freight trucking industry.

Top 5 Industries
1. General freight trucking (62.3 percent decline)
2. Grocery stores (37 percent decline)
3. Farm product raw material merch. whls. (35.5 percent decline)
4. Automobile dealers (32.8 percent decline)
5. Insurance agencies, brokerages, and related (14.4 percent decline)

Pipestone County Five-Year Percentage Growth in Employment

The Building foundation and exterior contractors industry has gone through the largest job growth by percent, increasing by 79.3 percent from 2001 to 2006. This industry in Pipestone County has added employment faster than the overall industry growth seen in the State of Minnesota, where this industry saw a gain of 7.1 percent. The Building foundation and exterior contractors industry in Pipestone County outpaced the US in terms of percent growth of industry employment. During this period, the US gained 20.8 percent of the industry employment.

Top 5 Industries
1. Building foundation and exterior contractors (79.3 percent gain)
2. Specialty food stores (39.2 percent gain)
3. Clothing stores (25.6 percent gain)
4. Accounting and bookkeeping services (22.9 percent gain)
5. Legal services (14.3 percent gain)

From the 18 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 11 reported job growth in the duration of the last five years and 7 industries reported employment loss in the period.

In Pipestone County, Minnesota, the entire sum of jobs in all industries overall has decreased by 156 total jobs from 2001 to 2006.

Total Five-Year Employment Growth in Pipestone County

The Building foundation and exterior contractors industry has grown the most with 36 new jobs created in the period. The job growth in the Building foundation and exterior contractors industry makes up 55.7 percent of the growth in Pipestone County.

Top 5 Industries
1. Building foundation and exterior contractors (36 new jobs)
2. Specialty food stores (16 new jobs)
3. Accounting and bookkeeping services (5 new jobs)
4. Clothing stores (4 new jobs)
5. Offices of dentists (2 new jobs)

Total Five-Year Employment Decline in Pipestone County

From of the area's 4-digit NAICS industries, the Grocery stores industry experienced most substantial job loss, losing 49 jobs during the time period. The jobs lost in the Grocery stores industry make up 28.7 percent of the jobs lost during the period in Pipestone County, Minnesota.

Top 5 Industries
1. Grocery stores (49 jobs lost)
2. Farm product raw material merch. whls. (35 jobs lost)
3. General freight trucking (29 jobs lost)
4. Automobile dealers (20 jobs lost)
5. Full-service restaurants (19 jobs lost)





About: This report is part 2 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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