Monday, January 22, 2007

Hubbard County One-Year Industry Employment Change

Total industry employment has decreased by 0.7 percent since the 2nd Quarter figures of 2005. This change is greater than percent in the State of Minnesota, which went through a gain of 1.9 percent since the 2nd Quarter of 2005. The losses felt were greater than than the gain felt at the national level of 2.0 percent.

Hubbard County One-Year Percentage Decline in Employment

The Misc. nondurable goods merchant wholesalers industry has lost the largest percent of jobs, losing 35.9 percent from 2005 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry has experienced in the State of Minnesota, where the industry reported a loss of 1.8 percent. The losses in the Misc. nondurable goods merchant wholesalers industry in Hubbard County outpaced the US in terms of percent of decline of industry employment. The US gained 0.2 in percent of workers in the Misc. nondurable goods merchant wholesalers industry.

Top 5 Industries
1. Misc. nondurable goods merchant wholesalers (35.9 percent decline)
2. Office supplies, stationery, and gift stores (22.5 percent decline)
3. Offices of real estate agents and brokers (17.5 percent decline)
4. Building equipment contractors (15.4 percent decline)
5. Building finishing contractors (12.5 percent decline)

Hubbard County One-Year Percentage Growth in Employment

The Electronics and appliance stores industry has seen the largest percentage job growth, expanding by 106.5 percent from the 2005 (Q2) to the 2006 (Q2). This industry in Hubbard County has increased employment faster than the industry job growth experienced in Minnesota, where the industry felt a gain of 8 percent. The Electronics and appliance stores industry in Hubbard County outpaced the national average, which felt a gained 3.4 percent of the employment in this industry.

Top 5 Industries
1. Electronics and appliance stores (106.5 percent gain)
2. Computer systems design and related services (75.0 percent gain)
3. Drinking places, alcoholic beverages (60.6 percent gain)
4. Utility system construction (55.6 percent gain)
5. RV parks and recreational camps (36.5 percent gain)

Total One-Year Employment Growth in Hubbard County

Out of the 4-digit NAICS industries, the Drinking places, alcoholic beverages industry has grown the most with 20 total jobs brought in during the period. The growth in the Drinking places, alcoholic beverages industry makes up 11.6 percent of the total employment growth in Hubbard County.

Top 5 Industries
1. Drinking places, alcoholic beverages (20 new jobs)
2. Residential building construction (19 new jobs)
3. Traveler accommodation (16 new jobs)
4. Full-service restaurants (14 new jobs)
5. Highway, street, and bridge construction (11 new jobs)

Total One-Year Employment Decline in Hubbard County

The Building equipment contractors industry has lost the most employment with a total loss of 19 jobs during the time period. The jobs lost in the Building equipment contractors industry make up 27.6 percent of the total employment decline in Hubbard County, Minnesota.

Top 5 Industries
1. Building equipment contractors (19 jobs lost)
2. Office supplies, stationery, and gift stores (11 jobs lost)
3. Limited-service eating places (11 jobs lost)
4. Automobile dealers (6 jobs lost)
5. Misc. nondurable goods merchant wholesalers (5 jobs lost)

Out of the 44 industries with industry data reported by the BLS in each quarter, 14 accounted an for increase in employment during the period and 28 industry sectors reported declines during the time period.

In Hubbard County, Minnesota, the total number of jobs throughout all industries has decreased by 39 jobs from mid-2005 to 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.

Thursday, January 11, 2007

Income and Poverty in Hubbard County, Minnesota

Black or African American householders reported household income levels that were 54 percent less than the overall reported level in 2000, with a reported median of $19,013. According to the 2000 Census, the Asian headed households in the area have median household incomes of $54,844. This income level is 32.7 percent greater than the reported median household income for all households in the area. Hispanic Householders in Hubbard County, Minnesota recorded a median income of $42,047, this median is 1.7 percent greater than reported value of the areas total household median income for all households. The American Indian and Alaska Native householders in Hubbard County reported a median household income of $29,738, this median was 28 percent less than the median level for total households in the area. In Hubbard County, Minnesota White headed households reported household income (in 2005 Dollars) of $41,410 according to the 2000 Dencennial Census, which was 0.2 percent greater than the median in 2000.

When compared to other counties (or parishes) across the United States, Hubbard County, Minnesota can be understood to have a medium-low poverty rate amid the residents with a poverty rate of 9.7 percent with a family income under the 1999 poverty level. The American Indian and Alaska Native race/ethnicity population cohort, has the uppermost poverty rate with 29.8 percent of the 2000 residents living in poverty. People aged 5 years have the largest percent of population in poverty in Hubbard County, having 15.4 percent of this demographic group living with incomes under poverty.

When analyzed against other counties (and parishes) in the US, Hubbard County had a medium-high median household income of $41,326 (2005 Dollars). The income level is 33.4 percent lower than the median in Minnesota of $55,120 and the income level is 18.9 percent lower than the median household income in the United States of $49,133.







Datasource: U.S. Bureau of the Census. 2000 Decennial Census.

 

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