Monday, January 22, 2007

Isanti County One-Year Industry Employment Change

Out of the 46 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 22 reported job growth in the duration of the year and 24 industry sectors accounting for employment declines during that time period.

Total One-Year Employment Growth in Isanti County

Out of the 4-digit NAICS industries, the Residential mental health facilities industry has accounted the most employment growth with a total of 125 employees finding new jobs in the industry. The employment growth in the Residential mental health facilities industry makes up 50.3 percent of the growth in Isanti County.

Top 5 Industries
1. Residential mental health facilities (125 new jobs)
2. Full-service restaurants (13 new jobs)
3. Machine shops and threaded product mfg. (13 new jobs)
4. Other specialty trade contractors (12 new jobs)
5. Electronics and appliance stores (10 new jobs)

Total One-Year Employment Decline in Isanti County

The Building finishing contractors industry has lost the most employment with a total loss of 40 jobs during the time period. The jobs lost in the Building finishing contractors industry make up 25.8 percent of the total job loss in Isanti County, Minnesota.

Top 5 Industries
1. Building finishing contractors (40 jobs lost)
2. Building foundation and exterior contractors (24 jobs lost)
3. Limited-service eating places (17 jobs lost)
4. Building equipment contractors (10 jobs lost)
5. Civic and social organizations (7 jobs lost)

In Isanti County, Minnesota, the aggregate employment for all industry sectors has increased by 320 jobs between mid-2005 and mid-2006.

Isanti County One-Year Percentage Decline in Employment

The Building finishing contractors industry has lost the biggest percent of jobs, losing 34.6 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 experienced in the State of Minnesota, where the industry sector experienced a loss of 3.6 percent. The losses in the Building finishing contractors industry in Isanti County outpaced the United States in terms of percentage decline of industry employment. In this period, the United States gained 5.4 in percent of jobs in the Building finishing contractors industry.

Top 5 Industries
1. Building finishing contractors (34.6 percent decline)
2. Household and institutional furniture mfg. (24.6 percent decline)
3. Lessors of real estate (18.8 percent decline)
4. Computer systems design and related services (16.7 percent decline)
5. Other professional and technical services (16.4 percent decline)

Isanti County One-Year Percentage Growth in Employment

The Electronics and appliance stores industry has seen the largest percentage job growth, expanding by 57.4 percent from the 2005 (Q2) to the 2006 (Q2). This industry in Isanti County has added employment faster than the industry job growth experienced in Minnesota, where it saw a gain of 8 percent. The Electronics and appliance stores industry in Isanti County outpaced the nation in terms of industry employment growth . During this period, the nation gained 3.4 percent.

Top 5 Industries
1. Electronics and appliance stores (57.4 percent gain)
2. Residential mental health facilities (36.2 percent gain)
3. Nonresidential building construction (35.9 percent gain)
4. Commercial machinery repair and maintenance (16.7 percent gain)
5. Individual and family services (16.5 percent gain)

The total number of jobs has increased by 3.6 percent since the 2nd Quarter of 2005. This is greater than percent in the State of Minnesota, which went through a gain of 1.9 percent from the 2nd Quarter of 2005. The gains in the area were greater than than the gain experienced overall in the US of 2.0 percent.





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 Isanti County, Minnesota

Compared to counties across the United States, Isanti County had a relatively high median household income of $58,649 (Adjusted to 2005 Dollars). This is 6 percent higher than the household income median in State of Minnesota of $55,120 and the median household income is 16.2 percent higher than the median in the US, which is $49,133.

Hispanic in Isanti County, Minnesota reported a median household income of $29,250, which is 50.1 percent less than the reported median household income for all households in the area. The Asian headed households reported median household incomes of $76,599. This income level is 30.6 percent greater than the reported median for all households in the area. The American Indian and Alaska Native householders in Isanti County reported an income level of $58,866, this was 0.4 percent greater than the median income level in this area. In Isanti County, Minnesota White headed households reported household income (in 2005 Dollars) of $58,795 as reported by the Decennial Census of 2000, which was 0.2 percent greater than the median in the year 2000. Black or African American householders reported a median household income that was 75.6 percent less than the total 2000 reported median, with a their median reported to be $14,300.

Evaluated with other counties (or parishes) across the nation, Isanti County, Minnesota can be recognized as having a very low rate of poverty among its population, accounting a rate of 5.7 percent of people living in a family with an income below the poverty level in 1999. The Black or African American race/ethnicity demographic category, owns the foremost rate of poverty with 65.3 percent of the 2000 residents living in poverty. People aged 75 years and over are witness to the most percent living in poverty in Isanti County, having 13.9 percent of the population in this age category living in poverty.







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

 

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