Swift County One-Year Industry Employment Change

Swift County One-Year Percentage Growth in Employment

The Other specialty trade contractors industry has gone through the largest job growth by percent, increasing by 108.3 percent from 2005 to 2006. This industry in Swift County has grow faster than the industry has grown in the State of Minnesota, where the industry felt a gain of 11.2 percent. The Other specialty trade contractors industry in Swift County outpaced the nation in terms of industry employment growth . During this period, the nation gained 6.8 percent in this industry.

Top 5 Industries
1. Other specialty trade contractors (108.3 percent gain)
2. Accounting and bookkeeping services (100.0 percent gain)
3. Building finishing contractors (52.4 percent gain)
4. Automotive repair and maintenance (43.3 percent gain)
5. Building equipment contractors (19.2 percent gain)

Swift County One-Year Percentage Decline in Employment

The Drinking places, alcoholic beverages industry has lost the largest percent of jobs, losing 29.8 percent from 2005 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry sector has gone through in the Minnesota, where the industry felt a loss of 6.5 percent. The losses in the Drinking places, alcoholic beverages industry in Swift County outpaced the losses of nation as a whole in the industry. In this time period, the nation lost 1.5 in percent of jobs in the Drinking places, alcoholic beverages industry.

Top 5 Industries
1. Drinking places, alcoholic beverages (29.8 percent decline)
2. Full-service restaurants (24 percent decline)
3. Gasoline stations (23.8 percent decline)
4. Lessors of real estate (20 percent decline)
5. Other support services (17.5 percent decline)

Total industry employment has increased by 3.3 percent since the 2nd Quarter of 2005. This is greater than growth in the State of Minnesota, which went through a gain of 1.9 percent from 2005 (2nd Quarter). The gains in the area were greater than than the gain seen for the United States of 2.0 percent.

Total One-Year Employment Growth in Swift County

Of the industries (4-digit NAICS) in the area, the Building equipment contractors industry has added the most employment with 12 total jobs brought in during the period. The growth in the Building equipment contractors industry makes up 17.7 percent of the total growth in Swift County.

Top 5 Industries
1. Building equipment contractors (12 new jobs)
2. Automotive repair and maintenance (10 new jobs)
3. Accounting and bookkeeping services (9 new jobs)
4. Other specialty trade contractors (9 new jobs)
5. Limited-service eating places (6 new jobs)

In Swift County, Minnesota, the aggregate employment for all industry sectors has increased by 99 jobs between mid-2005 and mid-2006.

Of the 25 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 11 accounted an for increase in employment during the period and 13 industries reported a drop in employment.

Total One-Year Employment Decline in Swift County

The Gasoline stations industry experienced most substantial job loss, losing 24 jobs during the period. The employment lost in the Gasoline stations industry make up 26.3 percent of the employment lost during the period in Swift County, Minnesota.

Top 5 Industries
1. Gasoline stations (24 jobs lost)
2. Full-service restaurants (20 jobs lost)
3. Ag., construction, and mining machinery mfg. (17 jobs lost)
4. Drinking places, alcoholic beverages (15 jobs lost)
5. Farm product raw material merch. whls. (6 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.

Income and Poverty in Swift County, Minnesota

Contrasted against to other counties (or parishes) throughout the US, Swift County, Minnesota may be understood as having a poverty rate amongst the population, with a poverty rate of 8.4 percent of the individuals existing in families with incomes under the poverty level in 1999. The American Indian and Alaska Native race/ethnicity demographic category, owns the foremost rate of poverty with 30 percent of the 2000 residents living in poverty. People aged 75 years and over have the most percent of people living in poverty in Swift County, having 18 percent of the population in this age category living in poverty.

Compared to counties across the United States, Swift County reported a medium-high median household income of $40,739 (2005 Dollars). The income level is 35.3 percent lower than the median income in State of Minnesota of $55,120 and this is 20.6 percent lower than the median household income in the United States of $49,133.

The American Indian and Alaska Native householders in Swift County had a median income of $28,519, which was 30 percent less than the median for all households. In Swift County, Minnesota White headed households reported household income (in 2005 Dollars) of $40,710 as reported by the Decennial Census of 2000, which was 0.1 percent less than the median household income in 2000. It was reported in 2000 that the Asian headed households had median household incomes of $59,963. This median income level is 47.2 percent greater than the all households reported median in the area. Hispanic in Swift County, Minnesota recorded a median income of $32,468, this median is 20.3 percent less than the median reported for all households in the area. Black or African American headed households had a median household income that was 40 percent greater than the total 2000 reported median, with a their median reported to be $57,038.







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