Monday, January 22, 2007

Lyon County One-Year Industry Employment Change

Lyon County One-Year Percentage Growth in Employment

The Other miscellaneous store retailers industry has experienced the largest percentage growth, expanding by 156.5 percent from 2005 (2nd quarter) to 2006 (2nd quarter). This industry sector in Lyon County has added employment faster than the industry has grown in the State of Minnesota, where this industry saw a gain of 18 percent. The Other miscellaneous store retailers industry in Lyon County outpaced the national average, which felt a gained 0.8 percent of the industry employment.

Top 5 Industries
1. Other miscellaneous store retailers (156.5 percent gain)
2. Specialized freight trucking (146.1 percent gain)
3. Oilseed and grain farming (100.0 percent gain)
4. Architectural and engineering services (80.0 percent gain)
5. Other specialty trade contractors (31.1 percent gain)

Lyon County One-Year Percentage Decline in Employment

The Gasoline stations industry has seen the largest percentage drop in employment, losing 29.8 percent of the jobs from 2005 to 2006. These have declined faster than the industry has experienced in the State of Minnesota, where the industry sector experienced a loss of 7.2 percent. The losses in the Gasoline stations industry in Lyon County outpaced the United States in terms of percentage decline of industry employment. In this period, the United States lost 0.3 in percent of workers in the Gasoline stations industry.

Top 5 Industries
1. Gasoline stations (29.8 percent decline)
2. Electronic markets and agents and brokers (27.6 percent decline)
3. Drycleaning and laundry services (27.1 percent decline)
4. Nonresidential building construction (21.6 percent decline)
5. Jewelry, luggage, and leather goods stores (20 percent decline)

Total employment has decreased by 0.5 percent from 2005 (2nd Quarter). These figures are greater than percent in the State of Minnesota, experiencing a gain of 1.9 percent from the 2nd Quarter of 2005. The losses were greater than than the gain experienced overall in the US of 2.0 percent.

Total One-Year Employment Decline in Lyon County

Of the area's industries (4-digit NAICS), the Gasoline stations industry faced the greatest employment loss with a total loss of 67 jobs in that time period. The declines in the Gasoline stations industry make up 22.8 percent of the employment lost during the period in Lyon County, Minnesota.

Top 5 Industries
1. Gasoline stations (67 jobs lost)
2. Limited-service eating places (25 jobs lost)
3. Highway, street, and bridge construction (25 jobs lost)
4. Grocery and Related Product Wholesalers (24 jobs lost)
5. Traveler accommodation (23 jobs lost)

In Lyon County, Minnesota, the aggregate employment for all industry sectors has decreased by 59 jobs from mid-2005 to mid-2006.

Total One-Year Employment Growth in Lyon County

Of the industries (4-digit NAICS) in the area, the Specialized freight trucking industry has accounted the most employment growth with a total of 253 new jobs created in the period. The job growth in the Specialized freight trucking industry makes up 47.8 percent of the total number of new jobs in Lyon County.

Top 5 Industries
1. Specialized freight trucking (253 new jobs)
2. Full-service restaurants (85 new jobs)
3. Building equipment contractors (41 new jobs)
4. Accounting and bookkeeping services (18 new jobs)
5. Other specialty trade contractors (17 new jobs)

Given the 63 industries with industry data reported by the BLS in each quarter, 32 showed an escalation in the number employed, while 29 industry sectors accounting for employment declines during that time period.





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 Lyon County, Minnesota

When put side-by-side with other counties (or parishes) throughout the United States, Lyon County, Minnesota can be recognized as having a medium-low rate of poverty among the people, accounting a rate of 10.1 percent of the population with family incomes below the 1999 poverty level. The Hispanic race/ethnicity population category, holds the highest rate of poverty with 38.9 percent of the people in 2000 living in poverty. The population that is aged 75 years and over are experiencing most percent people in poverty in Lyon County, reporting 18.6 percent of the population in this age category living in poverty.

Black or African American headed households had a median household income that was 36.5 percent less than the overall median reported in 2000, with a reported median of $28,984. It was reported in 2000 that the Asian headed households had median household incomes of $45,977. This median is 0.8 percent greater than the reported median household income, in the area, for all households. Hispanic Householders in Lyon County, Minnesota recorded a median income of $25,710, this median is 43.6 percent less than the areas median income level for all households. The American Indian and Alaska Native householders in Lyon County had a median household income level of $19,575, this was 57.1 percent less than the median level for total households in the area. In Lyon County, Minnesota White headed households reported household income (in 2005 Dollars) of $46,665 as reported in 2000 by the census, which was 2.3 percent greater than the median income in 2000.

When compared to other counties (and parishes) throughout the United States, Lyon County was reported to have a medium-high median household income of $45,625 (2005 Dollars). The income level is 20.8 percent lower than the median income in State of Minnesota of $55,120 and the median is 7.7 percent lower than the median in the US, which is $49,133.







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

 

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