Traverse County One-Year Industry Employment Change

Total One-Year Employment Decline in Traverse County

The Professional and similar organizations industry faced the greatest employment loss with a total loss of 51 jobs during the period. The employment lost in the Professional and similar organizations industry make up 26.9 percent of the total job loss in Traverse County, Minnesota.

Top 3 Industries
1. Professional and similar organizations (51 jobs lost)
2. Building foundation and exterior contractors (43 jobs lost)
3. RV parks and recreational camps (21 jobs lost)

In Traverse County, Minnesota, the entire sum of jobs in all industries overall has increased by 79 total jobs between the 2nd Quarter of 2005 and 2nd Quarter of 2006.





Total employment has increased by 9.9 percent from 2005 (2nd Quarter). These figures are greater than growth in the State of Minnesota, experiencing a gain of 1.9 percent since the 2nd Quarter of 2005. The gains the area experienced were greater than than the gain felt at the national level of 2.0 percent.

Traverse County One-Year Percentage Decline in Employment

The Building foundation and exterior contractors industry has lost the largest percent of jobs, losing 34.7 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 has experienced in the State of Minnesota, where the industry sector experienced a loss of 3 percent. The losses in the Building foundation and exterior contractors industry in Traverse County outpaced the losses of nation as a whole in the industry. In this time period, the nation gained 5 in percent of workers in the Building foundation and exterior contractors industry.

Top 5 Industries
1. Building foundation and exterior contractors (34.7 percent decline)
2. Highway, street, and bridge construction (33.3 percent decline)
3. Professional and similar organizations (33 percent decline)
4. Other financial investment activities (28.6 percent decline)
5. Office supplies, stationery, and gift stores (16.5 percent decline)

Traverse County One-Year Percentage Growth in Employment

The Building material and supplies dealers industry has experienced the largest percentage growth, expanding by 12.3 percent from 2005 to 2006. This industry in Traverse County has expanded faster than the industry job growth experienced in Minnesota, where the industry took a loss of 0.2 percent. The Building material and supplies dealers industry in Traverse County outpaced the United States, which experienced a gained 4.4 percent in this industry.

Top 3 Industries
1. Building material and supplies dealers (12.3 percent gain)
2. Gasoline stations (9.9 percent gain)
3. Farm product raw material merch. whls. (7.9 percent gain)





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 Traverse County, Minnesota

The American Indian and Alaska Native householders in Traverse County had a median household income level of $21,206, this level was 40.8 percent less than the median income level in this area. In Traverse County, Minnesota White headed households reported household income (in 2005 Dollars) of $36,210 according to the Decennial Census of 2000, which was 1.1 percent greater than the median income in 2000. The Asian headed households reported median household incomes of $33,638. This median income level is 6.1 percent less than the reported median household income for all households in the area. Hispanic households in Traverse County, Minnesota reported a median household income of $2,924, which is 91.8 percent less than reported value of the areas total household median income for all households.

Compared to other counties (and parishes) throughout the nation, Traverse County was reported to have a medium-low median household income of $35,822 (Adjusted to 2005 Dollars). This figure is 53.9 percent lower than the median income in State of Minnesota of $55,120 and the median is 37.2 percent lower than the median in the US, which is $49,133.

When put side-by-side with other counties (or parishes) throughout the United States, Traverse County, Minnesota can be recognized as having a medium-low rate of poverty among its population, accounting a rate of 12.0 percent of the population with family incomes below the 1999 poverty level. The American Indian and Alaska Native race/ethnicity demographic category, owns the foremost rate of poverty with 43.3 percent of the population in 2000 living in poverty. Individuals aged Under 5 years are experiencing most percent people in poverty in Traverse County, with 17.5 percent of this age group in the area living in poverty.







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