Tuesday, February 27, 2007

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


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The overall industry wages in Martin County, Minnesota when analyzed can be understood as being medium-high when compared to other Counties throughout the state in the 2nd quarter of 2006. The industry wages are 33.9 percent lower than the state, which accounted an average of $40,849. The industry 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.

Saturday, February 24, 2007

Martin County Five-Year Industry Employment Change

Out of the 34 industries with industry data reported by the BLS in each quarter, 20 described an expansion of jobs throughout the time period, while 13 industry sectors accounting for employment declines during that time period.

In Martin County, Minnesota, the aggregate employment for all industry sectors has decreased by 191 total jobs from 2001 to 2006.

Total Five-Year Employment Growth in Martin County

From the industries (4-digit NAICS) in the area, the Other amusement and recreation industries industry has accounted the most employment growth with a total of 46 jobs added during the time period. These new jobs in the Other amusement and recreation industries industry makes up 19.7 percent of the total employment growth in Martin County.

Top 5 Industries
1. Other amusement and recreation industries (46 new jobs)
2. Farm product raw material merch. whls. (43 new jobs)
3. Limited-service eating places (33 new jobs)
4. Health and personal care stores (22 new jobs)
5. Direct selling establishments (19 new jobs)

Total Five-Year Employment Decline in Martin County

The Full-service restaurants industry faced the greatest employment loss with a total loss of 64 jobs in that time period. The declines in the Full-service restaurants industry make up 22.0 percent of the jobs lost during the period in Martin County, Minnesota.

Top 5 Industries
1. Full-service restaurants (64 jobs lost)
2. Civic and social organizations (30 jobs lost)
3. Gasoline stations (29 jobs lost)
4. Building equipment contractors (29 jobs lost)
5. Drinking places, alcoholic beverages (29 jobs lost)

Martin County Five-Year Percentage Growth in Employment

The Direct selling establishments industry has seen the largest percentage job growth, expanding by 142.5 percent from the 2nd quarter of 2001 to the 2nd quarter of 2006. This industry sector in Martin County has grow faster than the growth seen in the industry for Minnesota, where it saw a loss of 25.3 percent. The Direct selling establishments industry in Martin County outpaced the US in terms of percent growth of industry employment. During this period, the US lost 16.8 percent of the industry employment.

Top 5 Industries
1. Direct selling establishments (142.5 percent gain)
2. Other amusement and recreation industries (52.5 percent gain)
3. Farm product raw material merch. whls. (38.2 percent gain)
4. Death care services (37.8 percent gain)
5. Other specialty trade contractors (35.9 percent gain)

Martin County Five-Year Percentage Decline in Employment

The Electronic markets and agents and brokers industry has lost the largest amount of employment in terms of percentage, losing 69.4 percent of the jobs from the 2nd quarter of 2001 to 2nd quarter of 2006. The losses of the area have declined faster than the industry has seen in the Minnesota, where the it saw a gain of 10.5 percent. The losses in the Electronic markets and agents and brokers industry in Martin County outpaced the United States in terms of percentage decline of industry employment. In this period, the United States gained 29.2 in percent of workers in the Electronic markets and agents and brokers industry.

Top 5 Industries
1. Electronic markets and agents and brokers (69.4 percent decline)
2. Services to buildings and dwellings (39.4 percent decline)
3. Professional and similar organizations (36.3 percent decline)
4. Offices of other health practitioners (35 percent decline)
5. Civic and social organizations (31.5 percent decline)

Employment for all industries has decreased by 2.3 percent from 2001 (2nd Quarter). These figures are greater than growth in the State of Minnesota, which experienced a gain of 2.5 percent from the 2nd Quarter of 2001. The losses were greater than than the gain seen for the United States 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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