Monday, January 22, 2007

Lincoln County One-Year Industry Employment Change

Lincoln County One-Year Percentage Growth in Employment

The Building equipment contractors industry has seen the largest percentage job growth, expanding by 37.5 percent from the 2nd quarter of 2005 to the 2nd quarter of 2006. This industry sector in Lincoln County has grow faster than the overall industry growth seen in the State of Minnesota, where it saw a loss of 2.2 percent. The Building equipment contractors industry in Lincoln County outpaced the US in terms of percent growth of industry employment. During this period, the US gained 5.5 percent.

Top 5 Industries
1. Building equipment contractors (37.5 percent gain)
2. Services to buildings and dwellings (18.8 percent gain)
3. Other amusement and recreation industries (11.3 percent gain)
4. Offices of physicians (9.5 percent gain)
5. Full-service restaurants (6.6 percent gain)

Lincoln County One-Year Percentage Decline in Employment

The Other specialty trade contractors industry has lost the largest percent of jobs, losing 25 percent from 2005 (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 gain of 11.2 percent. The losses in the Other specialty trade contractors industry in Lincoln County outpaced the United States in terms of percentage decline of industry employment. In this period, the United States gained 6.8 in percent of workers in the Other specialty trade contractors industry.

Top 5 Industries
1. Other specialty trade contractors (25 percent decline)
2. Health and personal care stores (21.7 percent decline)
3. Gasoline stations (21.7 percent decline)
4. Limited-service eating places (6.5 percent decline)
5. Lessors of real estate (4.5 percent decline)

The total number of jobs has increased by 1.4 percent since the 2nd Quarter of 2005. This is less than growth in Minnesota, which saw a gain of 1.9 percent from 2005 (2nd Quarter). The gains in the area were less than than the gain reported at the US level of 2.0 percent.

Total One-Year Employment Growth in Lincoln County

Of the industries (4-digit NAICS) in the area, the Building equipment contractors industry has brought the most jobs with a total of 4 jobs added during the time period. These new jobs in the Building equipment contractors industry makes up 22.2 percent of the growth in Lincoln County.

Top 5 Industries
1. Building equipment contractors (4 new jobs)
2. Full-service restaurants (3 new jobs)
3. Offices of physicians (3 new jobs)
4. Depository credit intermediation (2 new jobs)
5. Services to buildings and dwellings (2 new jobs)

Total One-Year Employment Decline in Lincoln County

Of the area's industries (4-digit NAICS), the Gasoline stations industry faced the greatest employment loss with a total loss of 23 jobs during the period. The employment lost in the Gasoline stations industry make up 49.3 percent of the jobs lost during the period in Lincoln County, Minnesota.

Top 5 Industries
1. Gasoline stations (23 jobs lost)
2. General medical and surgical hospitals (12 jobs lost)
3. Health and personal care stores (6 jobs lost)
4. Limited-service eating places (2 jobs lost)
5. Other specialty trade contractors (1 jobs lost)

Given the 18 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 9 accounted an for increase in employment during the period and 8 industry sectors reported declines during the time period.

In Lincoln County, Minnesota, the total number of workers for all sectors has increased by 19 total jobs from 2005 to 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 Lincoln County, Minnesota

Compared to counties across the United States, Lincoln County had a medium-low median household income of $36,980 (2005 Dollars). This median is 49.1 percent lower than the household income median in State of Minnesota of $55,120 and this is 32.9 percent lower than the median in the US, which is $49,133.

Evaluated with other counties (or parishes) across the nation, Lincoln County, Minnesota can be understood to have a medium-low rate of poverty among the people, accounting a rate of 9.7 percent of people living in a family with an income below the poverty level in 1999. The White race/ethnicity demographic category, owns the foremost rate of poverty with 9.7 percent of the 2000 residents living in poverty. People aged 75 years and over have the largest percent of population in poverty in Lincoln County, having 19.6 percent of this age cohort living in poverty.

It was reported in 2000 that the Asian headed households had median household incomes of $72,394. This household income level is 95.8 percent greater than the reported median for all households in the area. Hispanic headed households in Lincoln County, Minnesota , according to the 2000 census, had a median household income of $20,963, this median household income is 43.3 percent less than the reported median household income for all households in the area. In Lincoln County, Minnesota White headed households reported household income (in 2005 Dollars) of $36,959 according to the 2000 Dencennial Census, which was 0.1 percent less than the median in 2000.







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

 

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