Tuesday, February 27, 2007

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


(Click Image to Enlarge Graph)



Total wages in all industries in Lincoln County, Minnesota when analyzed can be described as relatively low when compared to other Counties throughout the state in the 2nd quarter of 2006. The industry wages are 46.5 percent lower than the reported averages in the state of $40,849. The overall industry wage was less than the overall average in the United States 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

Lincoln County Five-Year Industry Employment Change

Of the 14 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 5 described an expansion of jobs throughout the time period, while 9 industries reported employment loss in the period.

Total Five-Year Employment Growth in Lincoln County

From the industries (4-digit NAICS) in the area, the Hog and pig farming industry has grown the most with 31 jobs added during the time period. These new jobs in the Hog and pig farming industry makes up 31.6 percent of the growth in Lincoln County.

Top 5 Industries
1. Hog and pig farming (31 new jobs)
2. General medical and surgical hospitals (23 new jobs)
3. Commercial machinery repair and maintenance (18 new jobs)
4. General freight trucking (9 new jobs)
5. Other amusement and recreation industries (7 new jobs)

In Lincoln County, Minnesota, the total number of jobs throughout all industries has increased by 33 total jobs from 2001 to 2006.

Total Five-Year Employment Decline in Lincoln County

Given the industries in the area, the Gasoline stations industry experienced most substantial job loss, losing 23 jobs. The declines in the Gasoline stations industry make up 43.2 percent of the total job loss in Lincoln County, Minnesota.

Top 5 Industries
1. Gasoline stations (23 jobs lost)
2. Full-service restaurants (21 jobs lost)
3. Machinery and supply merchant wholesalers (7 jobs lost)
4. Specialized freight trucking (2 jobs lost)
5. General freight trucking (34 jobs lost)

The total number of jobs has increased by 2.4 percent since the 2nd Quarter figures of 2001. This change is less than growth in Minnesota, which saw a gain of 2.5 percent from the 2nd Quarter of 2001. The gains were less than than the gain seen for the United States of 2.6 percent.

Lincoln County Five-Year Percentage Decline in Employment

The Full-service restaurants industry has lost the largest percent of jobs, losing 27.7 percent from 2001 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry has seen in the Minnesota, where the it saw a gain of 12.8 percent. The losses in the Full-service restaurants industry in Lincoln County outpaced the United States industry losses overall. During this period, the United States gained 13.2 percent in terms of employees in the Full-service restaurants industry.

Top 5 Industries
1. Full-service restaurants (27.7 percent decline)
2. Gasoline stations (22.2 percent decline)
3. Machinery and supply merchant wholesalers (19.1 percent decline)
4. Specialized freight trucking (18.8 percent decline)
5. Other specialty trade contractors (14.3 percent decline)

Lincoln County Five-Year Percentage Growth in Employment

The Commercial machinery repair and maintenance industry has gone through the largest job growth by percent, increasing by 300.0 percent from the 2001 (Q2) to the 2006 (Q2). This industry in Lincoln County has added employment faster than the overall industry growth seen in the State of Minnesota, where the industry felt a gain of 16.6 percent. The Commercial machinery repair and maintenance industry in Lincoln County outpaced the US in terms of percent growth of industry employment. During this period, the US gained 9.6 percent in this industry.

Top 5 Industries
1. Commercial machinery repair and maintenance (300.0 percent gain)
2. Hog and pig farming (102.2 percent gain)
3. Other amusement and recreation industries (55.3 percent gain)
4. Building equipment contractors (25.7 percent gain)
5. Building foundation and exterior contractors (23.7 percent gain)





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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