Olmsted County One-Year Industry Employment Change

Total One-Year Employment Growth in Olmsted County

The Individual and family services industry has accounted the most employment growth with a total of 180 new jobs created in the period. The job growth in the Individual and family services industry makes up 9.9 percent of the total employment growth in Olmsted County.

Top 5 Industries
1. Individual and family services (180 new jobs)
2. Employment services (118 new jobs)
3. Nursing care facilities (116 new jobs)
4. Depository credit intermediation (115 new jobs)
5. Home health care services (113 new jobs)

Given the 117 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 53 reported job growth in the duration of the year and 62 industries reported a drop in employment.

Total One-Year Employment Decline in Olmsted County

Of the area's industries (4-digit NAICS), the Computer systems design and related services industry has lost the most employment with a total loss of 155 jobs in that time period. The declines in the Computer systems design and related services industry make up 11.5 percent of the total employment decline in Olmsted County, Minnesota.

Top 5 Industries
1. Computer systems design and related services (155 jobs lost)
2. Limited-service eating places (135 jobs lost)
3. Traveler accommodation (95 jobs lost)
4. Advertising and related services (85 jobs lost)
5. Printing and related support activities (64 jobs lost)

In Olmsted County, Minnesota, the entire sum of jobs in all industries overall has increased by 1,411 jobs between mid-2005 and mid-2006.

Olmsted County One-Year Percentage Growth in Employment

The Specialty food stores industry has gone through the largest job growth by percent, increasing by 160.9 percent from the 2nd quarter of 2005 to the 2nd quarter of 2006. This industry sector in Olmsted County has added employment faster than the overall industry growth seen in the State of Minnesota, where the industry took a gain of 19.1 percent. The Specialty food stores industry in Olmsted County outpaced the US in terms of percent growth of industry employment. During this period, the US lost 2 percent of the employment in this industry.

Top 5 Industries
1. Specialty food stores (160.9 percent gain)
2. Other support services (135.0 percent gain)
3. Specialized design services (75.0 percent gain)
4. Scientific research and development services (51.2 percent gain)
5. Office administrative services (40.4 percent gain)

Olmsted County One-Year Percentage Decline in Employment

The Advertising and related services industry has lost the biggest percent of jobs, losing 61.7 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 felt a gain of 2.3 percent. The losses in the Advertising and related services industry in Olmsted County outpaced the US in terms of percent of decline of industry employment. The US gained 2.9 percent in terms of employees in the Advertising and related services industry.

Top 5 Industries
1. Advertising and related services (61.7 percent decline)
2. ISPs and web search portals (40 percent decline)
3. Computer systems design and related services (34.3 percent decline)
4. Electric goods merchant wholesalers (27.1 percent decline)
5. Direct selling establishments (26.6 percent decline)

Total employment has increased by 1.7 percent from 2005 (2nd Quarter). These figures are less than growth in the State of Minnesota, which experienced a gain of 1.9 percent from the 2nd Quarter of 2005. The gains the area experienced were less than than the gain seen for the United States of 2.0 percent.





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.

Income and Poverty in Olmsted County, Minnesota

When compared to other counties (or parishes) across the United States, Olmsted County, Minnesota may be understood as having a poverty rate amid the residents with a poverty rate of 6.4 percent of people living in a family with an income below the poverty level in 1999. The Black or African American race/ethnicity demographic category, owns the foremost rate of poverty with 42.6 percent of the population in 2000 living in poverty. Individuals aged 75 years and over are experiencing most percent people in poverty in Olmsted County, having 13.4 percent of this age group in the area living in poverty.

The poverty rate in Olmsted County, Minnesota has declined by 0.6 percent since the amounts published in 2000, moving from 6.4 percent to 5.8 percent.

The household income has declined from the inflation-adjusted 2000 income levels. The income level has decreased to $57,667, which represents a 4 percent decline. Olmsted County, Minnesota, when analyzing percentage of decline, ranks 11 of 11 counties in percent of decline for the household income level in the State of Minnesota. Olmsted County ranks 513 of 668 counties (or parishes) when comparing the decline in median income in the US.

While the median household income saw a decline in the last five year in Olmsted County, Minnesota, the Race/Ethnicity group that went through the most dramatic decline in the household income level was the White Race/Ethnicity category. This category went through a decline of 0.2 percent since 2000. The Hispanic Race/Ethnicity group has been least impacted by the median income decline in Olmsted County, experiencing a 92.1 percent increase in median household income from 2000 to 2005.

The American Indian and Alaska Native households in Olmsted County reported a median household income of $58,968, which was 1.8 percent less than the median level for total households in the area. Black or African American householders reported a median household income that was 58.3 percent less than the all population median published in the 2000 Census, with a median of $25,034. The Asian householders in the area have reported their median household incomes at $51,563. This median is 14.1 percent less than the reported median for all households in the area. In Olmsted County, Minnesota White headed households reported household income (in 2005 Dollars) of $61,048 as reported in 2000 by the census, which was 1.7 percent greater than the median in the year 2000. Hispanic headed households in Olmsted County, Minnesota recorded a median income of $52,358, this income level is 12.8 percent less than the median reported for all households in the area.

When analyzed against other counties (and parishes) in the US, Olmsted County accounted a relatively high median income for households of $60,040 (2005 Dollars). The income level is 8.2 percent higher than the household income median in State of Minnesota of $55,120 and the median household income is 18.2 percent higher than the median in the US, which is $49,133.

Datasource: U.S. Bureau of the Census. 2000 Decennial Census. 2005 American Community Survey.