Saturday, February 24, 2007

Grant County Five-Year Industry Employment Change

Total Five-Year Employment Decline in Grant County

The Nursing care facilities industry has lost the most employment with a total loss of 23 jobs. The declines in the Nursing care facilities industry make up 48.2 percent of the total job loss in Grant County, Minnesota.

Top 3 Industries
1. Nursing care facilities (23 jobs lost)
2. Building finishing contractors (11 jobs lost)
3. Building equipment contractors (8 jobs lost)

In Grant County, Minnesota, the total number of jobs throughout all industries has decreased by 120 total jobs between the 2nd Quarter of 2001 and 2nd Quarter of 2006.

Total Five-Year Employment Growth in Grant County

Out of the 4-digit NAICS industries, the Farm product raw material merch. whls. industry has accounted the most employment growth with a total of 31 jobs added during the time period. These new jobs in the Farm product raw material merch. whls. industry makes up 56.0 percent of the total employment growth in Grant County.

Top 5 Industries
1. Farm product raw material merch. whls. (31 new jobs)
2. Gasoline stations (14 new jobs)
3. Machinery and supply merchant wholesalers (11 new jobs)
4. General freight trucking (74 new jobs)
5. Machine shops and threaded product mfg. (64 new jobs)

Of the 9 4-digit NAICS industries, 5 described an expansion of jobs throughout the time period, while 3 industries reported a drop in employment.

Grant County Five-Year Percentage Decline in Employment

The Building finishing contractors industry has lost the biggest percent of jobs, losing 45.1 percent from 2001 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry has experienced in the State of Minnesota, where the industry sector experienced a gain of 7.5 percent. The losses in the Building finishing contractors industry in Grant County outpaced the United States in terms of percentage decline of industry employment. In this period, the United States gained 17.4 percent in terms of employment in the Building finishing contractors industry.

Top 5 Industries
1. Building finishing contractors (45.1 percent decline)
2. Building equipment contractors (22.7 percent decline)
3. Insurance agencies, brokerages, and related (15.4 percent decline)
4. Nursing care facilities (10.7 percent decline)
5. Legal services (2.3 percent decline)

Grant County Five-Year Percentage Growth in Employment

The Farm product raw material merch. whls. industry has gone through the largest job growth by percent, increasing by 87.9 percent from the 2001 (Q2) to the 2006 (Q2). This industry in Grant County has added employment faster than the industry job growth experienced in Minnesota, where this industry saw a gain of 17.1 percent. The Farm product raw material merch. whls. industry in Grant County outpaced the United States, which experienced a lost 7.4 percent of the employment in this industry.

Top 3 Industries
1. Farm product raw material merch. whls. (87.9 percent gain)
2. Gasoline stations (24.1 percent gain)
3. Machinery and supply merchant wholesalers (23.0 percent gain)

Total industry employment has decreased by 7.3 percent from 2001 (2nd Quarter). These figures are greater than percent in Minnesota, experiencing a gain of 2.5 percent since the 2nd Quarter of 2001. The losses felt were greater than than the gain reported at the US level of 2.6 percent.





About: This report is part 2 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.

 

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