Stevens County One-Year Industry Employment Change

Stevens County One-Year Percentage Decline in Employment

The Drinking places, alcoholic beverages industry has seen the largest percentage drop in employment, losing 39.3 percent of the jobs from 2005 to 2006. These have declined faster than the industry has experienced in the State of Minnesota, where the it saw a loss of 6.5 percent. The losses in the Drinking places, alcoholic beverages industry in Stevens County outpaced the United States industry losses overall. During this period, the United States lost 1.5 percent in terms of employment in the Drinking places, alcoholic beverages industry.

Top 5 Industries
1. Drinking places, alcoholic beverages (39.3 percent decline)
2. Depository credit intermediation (23.8 percent decline)
3. Lessors of real estate (19.4 percent decline)
4. Limited-service eating places (11.8 percent decline)
5. Utility system construction (10.8 percent decline)

Total industry employment has increased by 9 percent from the reported values in 2005. These values are greater than percent in the State of Minnesota, which experienced a gain of 1.9 percent from 2005 (2nd Quarter). The gains in the area were greater than than the gain experienced overall in the US of 2.0 percent.

Stevens County One-Year Percentage Growth in Employment

The Full-service restaurants industry has experienced the largest percentage growth, expanding by 112.4 percent from 2005 to 2006. This industry in Stevens County has grow faster than the industry has grown in the State of Minnesota, where this industry saw a loss of 0.3 percent. The Full-service restaurants industry in Stevens County outpaced the US in terms of percent growth of industry employment. During this period, the US gained 2.2 percent.

Top 5 Industries
1. Full-service restaurants (112.4 percent gain)
2. Cattle ranching and farming (62.8 percent gain)
3. Electronics and appliance stores (57.3 percent gain)
4. Oilseed and grain farming (31.8 percent gain)
5. Securities and commodity contracts brokerage (28.6 percent gain)

Total One-Year Employment Growth in Stevens County

Out of the 4-digit NAICS industries, the Cattle ranching and farming industry has accounted the most employment growth with a total of 63 jobs added during the time period. These new jobs in the Cattle ranching and farming industry makes up 33.9 percent of the total number of new jobs in Stevens County.

Top 5 Industries
1. Cattle ranching and farming (63 new jobs)
2. Full-service restaurants (36 new jobs)
3. Management of companies and enterprises (25 new jobs)
4. Cement and concrete product manufacturing (19 new jobs)
5. Electronics and appliance stores (14 new jobs)

Out of the 23 industries with industry data reported by the BLS in each quarter, 12 reported job growth in the duration of the year and 11 industry sectors accounting for employment declines during that time period.

Total One-Year Employment Decline in Stevens County

Of the area's industries (4-digit NAICS), the Depository credit intermediation industry witnessed the largest drop in employment, losing a total of 19 jobs. The declines in the Depository credit intermediation industry make up 26.4 percent of the total employment decline in Stevens County, Minnesota.

Top 5 Industries
1. Depository credit intermediation (19 jobs lost)
2. Limited-service eating places (18 jobs lost)
3. Drinking places, alcoholic beverages (18 jobs lost)
4. Nondepository credit intermediation (3 jobs lost)
5. Gasoline stations (3 jobs lost)

In Stevens County, Minnesota, the entire sum of jobs in all industries overall has increased by 326 jobs between mid-2005 and mid-2006.





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 Stevens County, Minnesota

Compared to other counties (and parishes) throughout the nation, Stevens County had a medium-high median household income of $43,602 (Adjusted to 2005 Dollars). This figure is 26.4 percent lower than the median income in State of Minnesota of $55,120 and this is 12.7 percent lower than the median household income level in the US of $49,133.

Contrasted against to other counties (or parishes) throughout the US, Stevens County, Minnesota can be recognized as having a medium-high rate of poverty among its population, accounting a rate of 13.6 percent of people living in a family with an income below the poverty level in 1999. The Asian race/ethnicity demographic category, owns the foremost rate of poverty with 81.6 percent of the 2000 population living in poverty. People that are of the age 75 years and over have the most percent of people living in poverty in Stevens County, reporting 18.3 percent of this age group in the area living in poverty.

Black or African American householders reported a median household income that was 73.6 percent less than the overall reported level in 2000, with a reported median of $11,491. The American Indian and Alaska Native householders in Stevens County reported an income level of $5,850, this level was 86.6 percent less than the median level for total households in the area. In Stevens County, Minnesota White headed households reported household income (in 2005 Dollars) of $44,407 as reported in 2000 by the census, which was 1.8 percent greater than the median income in 2000. The Asian householders in the area have reported their median household incomes at $16,380. This median is 62.4 percent less than the reported median household income, in the area, for all households. Hispanic headed households in Stevens County, Minnesota reported a median household income of $19,256, this median is 55.8 percent less than the median reported for all households in the area.







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