Tuesday, February 27, 2007

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


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The overall industry wages in Pennington County, Minnesota when analyzed can be described as relatively high when compared to other 2nd quarter of 2006 County wages throughout the state. The average pay is 24.6 percent lower than the reported averages in the state of $40,849. The average pay 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

Pennington County Five-Year Industry Employment Change

Employment for all industries has increased by 7.8 percent from 2001 (2nd Quarter). These figures are greater than percent in Minnesota, which went through a gain of 2.5 percent from 2001 (2nd Quarter). The gains felt were greater than than the gain experienced overall in the US of 2.6 percent.

Pennington County Five-Year Percentage Decline in Employment

The Health and personal care stores industry has seen the largest percentage drop in employment, losing 41.6 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 gain of 9.9 percent. The losses in the Health and personal care stores industry in Pennington County outpaced the losses of nation as a whole in the industry. In this time period, the nation gained 2.6 in percent of workers in the Health and personal care stores industry.

Top 5 Industries
1. Health and personal care stores (41.6 percent decline)
2. Residential building construction (37.5 percent decline)
3. Electronics and appliance stores (23.9 percent decline)
4. Automotive repair and maintenance (20.5 percent decline)
5. Building equipment contractors (19 percent decline)

Pennington County Five-Year Percentage Growth in Employment

The Full-service restaurants industry has gone through the largest job growth by percent, increasing by 27.2 percent from 2001 (2nd quarter) to 2006 (2nd quarter). This industry sector in Pennington County has increased employment faster than the growth seen in the industry for Minnesota, where the industry took a gain of 12.8 percent. The Full-service restaurants industry in Pennington County outpaced the nation in terms of industry employment growth . During this period, the nation gained 13.2 percent of the employment in this industry.

Top 5 Industries
1. Full-service restaurants (27.2 percent gain)
2. Legal services (17.3 percent gain)
3. Personal care services (16.7 percent gain)
4. Insurance agencies, brokerages, and related (14.1 percent gain)
5. Gasoline stations (13.5 percent gain)

Total Five-Year Employment Growth in Pennington County

The Full-service restaurants industry has accounted the most employment growth with a total of 44 jobs added during the time period. These new jobs in the Full-service restaurants industry makes up 47.5 percent of the total employment growth in Pennington County.

Top 5 Industries
1. Full-service restaurants (44 new jobs)
2. Gasoline stations (14 new jobs)
3. Limited-service eating places (11 new jobs)
4. Insurance agencies, brokerages, and related (6 new jobs)
5. Personal care services (6 new jobs)

Total Five-Year Employment Decline in Pennington County

From of the area's 4-digit NAICS industries, the Health and personal care stores industry witnessed the largest drop in employment, losing a total of 21 jobs during the time period. The jobs lost in the Health and personal care stores industry make up 21.8 percent of the total job loss in Pennington County, Minnesota.

Top 5 Industries
1. Health and personal care stores (21 jobs lost)
2. Traveler accommodation (17 jobs lost)
3. Building equipment contractors (12 jobs lost)
4. Residential building construction (11 jobs lost)
5. Automobile dealers (9 jobs lost)

Out of the 21 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 11 described an expansion of jobs throughout the time period, while 10 industries reported employment loss in the period.

In Pennington County, Minnesota, the aggregate employment for all industry sectors has increased by 516 total jobs from 2001 to 2006.





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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