Tuesday, February 27, 2007

Duluth Metro Area Industry Wages Lag Behind Minnesota, and Wages Lag Behind the United States Industry Wages


(Click Image to Enlarge Graph)



The overall industry wages in Duluth, MN-WI when analyzed can be understood as being medium-low when analyzed with other 2nd quarter of 2006 Metro Area wages throughout the US. The average pay is 20.1 percent lower than the state, which accounted an average of $40,849. The average pay was less than the industry average in the US of $40,259.

About: These facts are part of 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.

Sunday, February 11, 2007

Duluth Five-Year Industry Employment Change

From the 37 4-digit NAICS industries, 22 showed an escalation in the number employed, while 15 industry sectors reported declines during the time period.

In the Duluth, MN-WI metro area, the total number of jobs throughout all industries has increased by 2,681 jobs from mid-2001 to mid-2006.

Total Five-Year Employment Decline in the Duluth Metro Area

The Metal ore mining industry witnessed the largest drop in employment, losing a total of 766 jobs during the period. The employment lost in the Metal ore mining industry make up 31.8 percent of the total job loss in Duluth, MN-WI.

Top 5 Industries
1. Metal ore mining (766 jobs lost)
2. Semiconductor and electronic component mfg. (355 jobs lost)
3. Accounting and bookkeeping services (202 jobs lost)
4. Gasoline stations (169 jobs lost)
5. Newspaper, book, and directory publishers (159 jobs lost)

Total Five-Year Employment Growth in the Duluth Metro Area

Of the industries (4-digit NAICS) in the area, the Building equipment contractors industry has added the most employment with 437 new jobs created in the period. The job growth in the Building equipment contractors industry makes up 31.7 percent of the total growth in Duluth.

Top 5 Industries
1. Building equipment contractors (437 new jobs)
2. Full-service restaurants (217 new jobs)
3. Health and personal care stores (109 new jobs)
4. Automotive repair and maintenance (108 new jobs)
5. Other specialty trade contractors (97 new jobs)

The Duluth Metro Area: Five-Year Percentage Growth in Employment

The Building equipment contractors industry has experienced the largest percentage growth, expanding by 28.7 percent from 2001 (2nd quarter) to 2006 (2nd quarter). This industry sector in Duluth has grow faster than the industry has grown in the State of Minnesota, where the industry felt a loss of 0.7 percent. The Building equipment contractors industry in Duluth outpaced the national average, which felt a gained 5.3 percent of the employment in this industry.

Top 5 Industries
1. Building equipment contractors (28.7 percent gain)
2. Foundries (26.2 percent gain)
3. Other specialty trade contractors (21.9 percent gain)
4. Other professional and technical services (18.5 percent gain)
5. Personal care services (17.2 percent gain)

The Duluth Metro Area: Five-Year Percentage Decline in Employment

The Semiconductor and electronic component mfg. industry has lost the largest percent of jobs, losing 49.5 percent from 2001 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry has experienced in the State of Minnesota, where the industry sector experienced a loss of 25.8 percent. The losses in the Semiconductor and electronic component mfg. industry in Duluth outpaced the United States in terms of percentage decline of industry employment. In this period, the United States lost 31.6 percent in terms of employees in the Semiconductor and electronic component mfg. industry.

Top 5 Industries
1. Semiconductor and electronic component mfg. (49.5 percent decline)
2. Office furniture and fixtures manufacturing (47.9 percent decline)
3. Accounting and bookkeeping services (31 percent decline)
4. Utility system construction (30.6 percent decline)
5. Metal ore mining (24.2 percent decline)

Total industry employment has increased by 2.7 percent from 2001 (2nd Quarter). These figures are greater than growth in Minnesota, which saw a gain of 2.5 percent since 2001 ( 2nd Quarter). The gains felt were greater than than the gain experienced overall in the US of 2.6 percent.

 

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