Monday, January 22, 2007

McLeod County One-Year Industry Employment Change

Total One-Year Employment Decline in McLeod County

From of the area's 4-digit NAICS industries, the Full-service restaurants industry experienced most substantial job loss, losing 48 jobs in that time period. The declines in the Full-service restaurants industry make up 14.8 percent of the jobs lost during the period in McLeod County, Minnesota.

Top 5 Industries
1. Full-service restaurants (48 jobs lost)
2. Gasoline stations (44 jobs lost)
3. Civic and social organizations (30 jobs lost)
4. Automotive repair and maintenance (27 jobs lost)
5. Building foundation and exterior contractors (26 jobs lost)

Of the 68 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 31 accounted an for increase in employment during the period and 36 industries reported employment loss in the period.

In McLeod County, Minnesota, the total number of jobs throughout all industries has increased by 965 jobs from mid-2005 to mid-2006.

Total One-Year Employment Growth in McLeod County

Of the industries (4-digit NAICS) in the area, the Printing and related support activities industry has grown the most with 114 jobs added during the time period. These new jobs in the Printing and related support activities industry makes up 23.7 percent of the total number of new jobs in McLeod County.

Top 5 Industries
1. Printing and related support activities (114 new jobs)
2. Other support services (47 new jobs)
3. Misc. nondurable goods merchant wholesalers (39 new jobs)
4. Metalworking machinery manufacturing (32 new jobs)
5. Household goods repair and maintenance (24 new jobs)

Total employment has increased by 6.4 percent since the 2nd Quarter figures of 2005. This change is greater than growth in Minnesota, which saw a gain of 1.9 percent from the 2nd Quarter of 2005. The gains were greater than than the gain seen for the United States of 2.0 percent.

McLeod County One-Year Percentage Growth in Employment

The Printing and related support activities industry has seen the largest percentage job growth, expanding by 258.3 percent from the 2nd quarter of 2005 to the 2nd quarter of 2006. This industry sector in McLeod County has added employment faster than the overall industry growth seen in the State of Minnesota, where the industry felt a loss of 1 percent. The Printing and related support activities industry in McLeod County outpaced the United States, which experienced a lost 2 percent in this industry.

Top 5 Industries
1. Printing and related support activities (258.3 percent gain)
2. Household goods repair and maintenance (162.2 percent gain)
3. Other support services (120.7 percent gain)
4. Other financial investment activities (83.3 percent gain)
5. Metalworking machinery manufacturing (55.1 percent gain)

McLeod County One-Year Percentage Decline in Employment

The Specialized freight trucking industry has seen the largest percentage drop in employment, losing 52 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 sector has felt in the State of Minnesota, where the industry reported a gain of 11.1 percent. The losses in the Specialized freight trucking industry in McLeod County outpaced the US in terms of percent of decline of industry employment. The US gained 3.5 percent in terms of employees in the Specialized freight trucking industry.

Top 5 Industries
1. Specialized freight trucking (52 percent decline)
2. Office supplies, stationery, and gift stores (49.2 percent decline)
3. Civic and social organizations (28.1 percent decline)
4. Gasoline stations (23.7 percent decline)
5. Building foundation and exterior contractors (23 percent decline)





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 McLeod County, Minnesota

Compared to other counties (and parishes) throughout the nation, McLeod County accounted a relatively high median income for all households of $53,765 (2005 Dollars). The income level is 2.5 percent lower than the median in State of Minnesota of $55,120 and the median is 8.6 percent higher than the median household income level in the US of $49,133.

In McLeod County, Minnesota White householders had a median income (2005 Dollars) of $53,883 as reported by the Decennial Census of 2000, which was 0.2 percent greater than the median income in 2000. Hispanic headed households in McLeod County, Minnesota , according to the 2000 census, had a median household income of $41,535, this income level is 22.7 percent less than the median reported for all households in the area. Black or African American householders reported household income levels that were 21.1 percent less than the overall reported level in 2000, with a reported median of $42,413. It was reported in 2000 that the Asian headed households had median household incomes of $62,754. This median income level is 16.7 percent greater than the reported median for all households in the area. The American Indian and Alaska Native headed households in McLeod County reported a median household income of $68,738, this level was 27.8 percent greater than the median level for total households in the area.

Evaluated with other counties (or parishes) across the nation, McLeod County, Minnesota can be considered to have a very low rate of poverty among the people, accounting a rate of 4.8 percent of people living in a family with an income below the poverty level in 1999. The American Indian and Alaska Native race/ethnicity demographic group, represents the largest rate of poverty with 14.7 percent of the population in 2000 living in poverty. Individuals aged 75 years and over have the most percent of people living in poverty in McLeod County, reporting 11.2 percent of this age group in the area living in poverty.







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

 

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