Monday, January 22, 2007

Marshall County One-Year Industry Employment Change

The total number of jobs has increased by 5 percent from the reported values in 2005. These values are greater than percent in Minnesota, experiencing a gain of 1.9 percent since 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.

Marshall County One-Year Percentage Decline in Employment

The Support activities for crop production industry has lost the largest percent of jobs, losing 41.8 percent from 2005 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry sector has felt in the State of Minnesota, where the industry felt a gain of 0.4 percent. The losses in the Support activities for crop production industry in Marshall County outpaced the United States in terms of percentage decline of industry employment. In this period, the United States lost 1.5 percent in terms of employment in the Support activities for crop production industry.

Top 5 Industries
1. Support activities for crop production (41.8 percent decline)
2. Building foundation and exterior contractors (13.6 percent decline)
3. Civic and social organizations (11.5 percent decline)
4. Gasoline stations (10.9 percent decline)
5. Nonmetallic mineral mining and quarrying (10.2 percent decline)

Marshall County One-Year Percentage Growth in Employment

The Oilseed and grain farming industry has experienced the largest percentage growth, expanding by 175.4 percent from the 2005 (Q2) to the 2006 (Q2). This industry in Marshall County has increased employment faster than the industry has grown in the State of Minnesota, where this industry saw a gain of 18.9 percent. The Oilseed and grain farming industry in Marshall County outpaced the US in terms of percent growth of industry employment. During this period, the US lost 2.1 percent of the employment in this industry.

Top 5 Industries
1. Oilseed and grain farming (175.4 percent gain)
2. Specialized freight trucking (147.8 percent gain)
3. Building equipment contractors (27.3 percent gain)
4. Drinking places, alcoholic beverages (27.2 percent gain)
5. Auto parts, accessories, and tire stores (17.4 percent gain)

Total One-Year Employment Growth in Marshall County

The Oilseed and grain farming industry has grown the most with 33 employees finding new jobs in the industry. The employment growth in the Oilseed and grain farming industry makes up 46.3 percent of the total employment growth in Marshall County.

Top 5 Industries
1. Oilseed and grain farming (33 new jobs)
2. Drinking places, alcoholic beverages (14 new jobs)
3. Specialized freight trucking (11 new jobs)
4. Building equipment contractors (4 new jobs)
5. Auto parts, accessories, and tire stores (4 new jobs)

In Marshall County, Minnesota, the aggregate employment for all industry sectors has increased by 86 jobs between mid-2005 and mid-2006.

Given the 16 industries with industry data reported by the BLS in each quarter, 8 showed an escalation in the number employed, while 8 industry sectors accounting for employment declines during that time period.

Total One-Year Employment Decline in Marshall County

Of the area's industries (4-digit NAICS), the Support activities for crop production industry has lost the most employment with a total loss of 19 jobs during the time period. The jobs lost in the Support activities for crop production industry make up 47.9 percent of the employment lost during the period in Marshall County, Minnesota.

Top 5 Industries
1. Support activities for crop production (19 jobs lost)
2. Gasoline stations (6 jobs lost)
3. Civic and social organizations (6 jobs lost)
4. Building foundation and exterior contractors (4 jobs lost)
5. Nonmetallic mineral mining and quarrying (2 jobs lost)





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 Marshall County, Minnesota

Hispanic in Marshall County, Minnesota reported a median household income of $27,370, which is 32.8 percent less than the areas median income level for all households. Black or African American headed households had a median household income that was 92.8 percent less than the total 2000 reported median, with a their median reported to be $2,924. In Marshall County, Minnesota White householders had a median household income (in 2005 Dollars) of $40,790 as reported in 2000 by the census, which was 0.2 percent greater than the median in 2000.

When put side-by-side with other counties (or parishes) throughout the United States, Marshall County, Minnesota can be understood to have a medium-low rate of poverty among the people, accounting a rate of 9.8 percent of the individuals existing in families with incomes under the poverty level in 1999. The Asian race/ethnicity demographic category, owns the foremost rate of poverty with 54.3 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 Marshall County, reporting 15.3 percent of this age group in the area living in poverty.

When compared to other counties (and parishes) throughout the United States, Marshall County reported a medium-high median income for all households of $40,721 (Adjusted to 2005 Dollars). This is 35.4 percent lower than the median income in State of Minnesota of $55,120 and the income level is 20.7 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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