Tuesday, February 27, 2007

Hubbard County Industry Wages Lag Behind Minnesota, and Wages Lag Behind the United States


(Click Image to Enlarge Graph)



The average total wages in all industries in Hubbard County, Minnesota can be understood as being medium-low when compared to other Counties throughout the state in the 2nd quarter of 2006. The industry wages are 36.7 percent lower than the reported averages in the state of $40,849. The industry pay was less than the national industry average 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.

Saturday, February 24, 2007

Hubbard County Five-Year Industry Employment Change

Total Five-Year Employment Decline in Hubbard County

From of the area's 4-digit NAICS industries, the Services to buildings and dwellings industry faced the greatest employment loss with a total loss of 28 jobs during the period. The employment lost in the Services to buildings and dwellings industry make up 16.7 percent of the total employment decline in Hubbard County, Minnesota.

Top 5 Industries
1. Services to buildings and dwellings (28 jobs lost)
2. Other amusement and recreation industries (27 jobs lost)
3. Office supplies, stationery, and gift stores (23 jobs lost)
4. Health and personal care stores (17 jobs lost)
5. Gasoline stations (12 jobs lost)

Out of the 39 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 16 showed an escalation in the number employed, while 22 industries reported employment loss in the period.

Total Five-Year Employment Growth in Hubbard County

From the industries (4-digit NAICS) in the area, the Other wood product manufacturing industry has grown the most with 59 employees finding new jobs in the industry. The employment growth in the Other wood product manufacturing industry makes up 18.2 percent of the growth in Hubbard County.

Top 5 Industries
1. Other wood product manufacturing (59 new jobs)
2. Full-service restaurants (45 new jobs)
3. Drinking places, alcoholic beverages (30 new jobs)
4. Grocery stores (26 new jobs)
5. Offices of other health practitioners (23 new jobs)

In Hubbard County, Minnesota, the entire sum of jobs in all industries overall has increased by 198 total jobs from 2001 to 2006.

Hubbard County Five-Year Percentage Growth in Employment

The Other specialty trade contractors industry has experienced the largest percentage growth, expanding by 141.0 percent from 2001 to 2006. This industry in Hubbard County has added employment faster than the industry job growth experienced in Minnesota, where the industry felt a gain of 22.6 percent. The Other specialty trade contractors industry in Hubbard County outpaced the national average, which felt a gained 22.3 percent in this industry.

Top 5 Industries
1. Other specialty trade contractors (141.0 percent gain)
2. Electronics and appliance stores (137.0 percent gain)
3. Drinking places, alcoholic beverages (133.8 percent gain)
4. Personal care services (108.1 percent gain)
5. Computer systems design and related services (90.9 percent gain)

Hubbard County Five-Year Percentage Decline in Employment

The Misc. nondurable goods merchant wholesalers industry has lost the largest percent of jobs, losing 58.3 percent from 2001 (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 3.5 percent. The losses in the Misc. nondurable goods merchant wholesalers industry in Hubbard County outpaced the losses of nation as a whole in the industry. In this time period, the nation lost 1.8 percent in terms of employees in the Misc. nondurable goods merchant wholesalers industry.

Top 5 Industries
1. Misc. nondurable goods merchant wholesalers (58.3 percent decline)
2. Services to buildings and dwellings (46.6 percent decline)
3. Building finishing contractors (41.7 percent decline)
4. Office supplies, stationery, and gift stores (37.4 percent decline)
5. Health and personal care stores (25.3 percent decline)

Total industry employment has increased by 3.8 percent from the reported values in 2001. These values are greater than percent in the State of Minnesota, which went through a gain of 2.5 percent since the 2nd Quarter of 2001. The gains the area experienced 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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