Monday, January 22, 2007

Mille Lacs County One-Year Industry Employment Change

In Mille Lacs County, Minnesota, the entire sum of jobs in all industries overall has increased by 179 total jobs between the 2nd Quarter of 2005 and 2nd Quarter of 2006.

Total One-Year Employment Growth in Mille Lacs County

Out of the 4-digit NAICS industries, the Full-service restaurants industry has brought the most jobs with a total of 43 new jobs created in the period. The job growth in the Full-service restaurants industry makes up 23.0 percent of the growth in Mille Lacs County.

Top 5 Industries
1. Full-service restaurants (43 new jobs)
2. Residential mental health facilities (34 new jobs)
3. Depository credit intermediation (23 new jobs)
4. Household and institutional furniture mfg. (19 new jobs)
5. Other specialty trade contractors (12 new jobs)

Of the 35 industries with industry data reported by the BLS in each quarter, 14 showed an escalation in the number employed, while 21 industries reported a drop in employment.

Total One-Year Employment Decline in Mille Lacs County

The Building equipment contractors industry has lost the most employment with a total loss of 45 jobs in that time period. The declines in the Building equipment contractors industry make up 38.1 percent of the employment lost during the period in Mille Lacs County, Minnesota.

Top 5 Industries
1. Building equipment contractors (45 jobs lost)
2. Building finishing contractors (18 jobs lost)
3. Building material and supplies dealers (15 jobs lost)
4. Gasoline stations (10 jobs lost)
5. Offices of real estate agents and brokers (8 jobs lost)

Mille Lacs County One-Year Percentage Growth in Employment

The Lessors of real estate industry has seen the largest percentage job growth, expanding by 48.6 percent from the 2005 (Q2) to the 2006 (Q2). This industry in Mille Lacs County has added employment faster than the industry job growth experienced in Minnesota, where it saw a gain of 2.4 percent. The Lessors of real estate industry in Mille Lacs County outpaced the nation in terms of industry employment growth . During this period, the nation lost 0.2 percent of the employment in this industry.

Top 5 Industries
1. Lessors of real estate (48.6 percent gain)
2. Sporting goods and musical instrument stores (34.4 percent gain)
3. Other specialty trade contractors (31.1 percent gain)
4. Other support services (29.4 percent gain)
5. Private households (28.6 percent gain)

Total industry employment has increased by 2.9 percent from the reported values in 2005. These values are greater than growth in the State of Minnesota, which went through a gain of 1.9 percent since the 2nd Quarter of 2005. The gains felt were greater than than the gain seen for the United States of 2.0 percent.

Mille Lacs County One-Year Percentage Decline in Employment

The Offices of real estate agents and brokers industry has lost the biggest percent of jobs, losing 37.5 percent from 2005 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry has seen in the Minnesota, where the industry reported a gain of 3.2 percent. The losses in the Offices of real estate agents and brokers industry in Mille Lacs County outpaced the losses of nation as a whole in the industry. In this time period, the nation gained 5.9 in percent of jobs in the Offices of real estate agents and brokers industry.

Top 5 Industries
1. Offices of real estate agents and brokers (37.5 percent decline)
2. Building equipment contractors (34.7 percent decline)
3. Lawn and garden equipment and supplies stores (27.8 percent decline)
4. Grocery and Related Product Wholesalers (17.5 percent decline)
5. Building finishing contractors (14.3 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 Mille Lacs County, Minnesota

Contrasted against to other counties (or parishes) throughout the US, Mille Lacs County, Minnesota can be understood to have a medium-low rate of poverty among its population, accounting a rate of 9.6 percent of the population with family incomes below the 1999 poverty level. The American Indian and Alaska Native race/ethnicity demographic group, represents the largest rate of poverty with 32 percent of the 2000 residents living in poverty. People aged 75 years and over are witness to the most percent living in poverty in Mille Lacs County, accounting 17.2 percent of this age group in the area living in poverty.

Black or African American householders reported household income levels that were 24 percent greater than the overall median reported in 2000, with a reported median of $53,625. Hispanic in Mille Lacs County, Minnesota , as reported in 2000, had a median household income of $58,988, this median household income is 36.3 percent greater than reported value of the areas total household median income for all households. The Asian headed households reported median household incomes of $118,730. This median is 174.4 percent greater than the reported median household income, in the area, for all households. The American Indian and Alaska Native households in Mille Lacs County had a median household income level of $28,480, this was 34.2 percent less than the areas median level for all households. In Mille Lacs County, Minnesota White headed households reported household income (in 2005 Dollars) of $43,674 as reported in 2000 by the census, which was 1 percent greater than the median in the year 2000.

Compared to other counties (and parishes) throughout the nation, Mille Lacs County accounted a medium-high median income for all households of $43,263 (Adjusted to 2005 Dollars). This figure is 27.4 percent lower than the median in State of Minnesota of $55,120 and the median is 13.6 percent lower than the median household income level in the US of $49,133.







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

 

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