Tuesday, February 27, 2007

Le Sueur 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 Le Sueur County, Minnesota when analyzed can be understood as being medium-high when compared to other 2nd quarter of 2006 County wages throughout the state. The average pay is 31.2 percent lower than the with an state average of $40,849. The average industry wage 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

Le Sueur County Five-Year Industry Employment Change

Le Sueur County Five-Year Percentage Growth in Employment

The Building finishing contractors industry has gone through the largest job growth by percent, increasing by 262.5 percent from 2001 to 2006. This industry in Le Sueur County has expanded faster than the overall industry growth seen in the State of Minnesota, where it saw a gain of 7.5 percent. The Building finishing contractors industry in Le Sueur County outpaced the nation in terms of industry employment growth . During this period, the nation gained 17.4 percent of the industry employment.

Top 5 Industries
1. Building finishing contractors (262.5 percent gain)
2. Limited-service eating places (172.7 percent gain)
3. Offices of physicians (112.8 percent gain)
4. Other specialty trade contractors (102.1 percent gain)
5. Auto parts, accessories, and tire stores (80.5 percent gain)

Employment for all industries has decreased by 12.2 percent since the 2nd Quarter of 2001. This is greater than growth in Minnesota, which saw a gain of 2.5 percent since the 2nd Quarter of 2001. The losses in the area were greater than than the gain experienced overall in the US of 2.6 percent.

Le Sueur County Five-Year Percentage Decline in Employment

The Offices of real estate agents and brokers industry has lost the largest percent of jobs, losing 55.6 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 it saw a gain of 26.6 percent. The losses in the Offices of real estate agents and brokers industry in Le Sueur County outpaced the United States in terms of percentage decline of industry employment. In this period, the United States gained 28.5 percent in terms of employment in the Offices of real estate agents and brokers industry.

Top 5 Industries
1. Offices of real estate agents and brokers (55.6 percent decline)
2. Grocery stores (45.1 percent decline)
3. Other general merchandise stores (44.2 percent decline)
4. General freight trucking (38.7 percent decline)
5. Full-service restaurants (37.5 percent decline)

In Le Sueur County, Minnesota, the entire sum of jobs in all industries overall has decreased by 919 jobs between mid-2001 and mid-2006.

Total Five-Year Employment Decline in Le Sueur County

From of the area's 4-digit NAICS industries, the Full-service restaurants industry has lost the most employment with a total loss of 155 jobs. The declines in the Full-service restaurants industry make up 28.4 percent of the employment lost during the period in Le Sueur County, Minnesota.

Top 5 Industries
1. Full-service restaurants (155 jobs lost)
2. Grocery stores (102 jobs lost)
3. Automobile dealers (43 jobs lost)
4. Gasoline stations (41 jobs lost)
5. General freight trucking (34 jobs lost)

From the 37 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 19 showed an escalation in the number employed, while 18 industries reported employment loss in the period.

Total Five-Year Employment Growth in Le Sueur County

Of the industries (4-digit NAICS) in the area, the Limited-service eating places industry has added the most employment with 131 new jobs created in the period. The job growth in the Limited-service eating places industry makes up 31.3 percent of the total employment growth in Le Sueur County.

Top 5 Industries
1. Limited-service eating places (131 new jobs)
2. Other specialty trade contractors (49 new jobs)
3. Offices of physicians (32 new jobs)
4. Building foundation and exterior contractors (30 new jobs)
5. Residential building construction (28 new jobs)





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.

 

About - © 2007 Ecanned.com  - Contact