In Red Lake County, Minnesota, the entire sum of jobs in all industries overall has decreased by 40 jobs between mid-2001 and mid-2006.
Of the 6 4-digit NAICS industries, 4 reported job growth in the duration of the last five years and 2 industry sectors reported declines during the time period.
Total Five-Year Employment Growth in Red Lake CountyOf the industries (4-digit NAICS) in the area, the
Depository credit intermediation industry has added the most employment with 15 employees finding new jobs in the industry. The employment growth in the
Depository credit intermediation industry makes up 90.2 percent of the total number of new jobs in Red Lake County.
Top 4 Industries 1. Depository credit intermediation (15 new jobs)
2. Building material and supplies dealers (2 new jobs)
3. Employment services (2,073 new jobs)
4. Electronic instrument manufacturing (1,717 new jobs)
Total Five-Year Employment Decline in Red Lake CountyFrom of the area's 4-digit NAICS industries, the
Civic and social organizations industry witnessed the largest drop in employment, losing a total of 12 jobs. The declines in the
Civic and social organizations industry make up 44.4 percent of the jobs lost during the period in Red Lake County, Minnesota.
Top 2 Industries 1. Civic and social organizations (12 jobs lost)
2. Drinking places, alcoholic beverages (7 jobs lost)
Red Lake County Five-Year Percentage Decline in EmploymentThe
Civic and social organizations industry has lost the largest amount of employment in terms of percentage, losing 45 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 experienced in the State of Minnesota, where the industry reported a loss of 5.8 percent. The losses in the
Civic and social organizations industry in Red Lake County outpaced the US in terms of percent of decline of industry employment. The US gained 1.2 percent in terms of employees in the
Civic and social organizations industry.
Top 4 Industries 1. Civic and social organizations (45 percent decline)
2. Drinking places, alcoholic beverages (30.8 percent decline)
3. Building equipment contractors (12.5 percent decline)
4. Gasoline stations (10.9 percent decline)
Total employment has decreased by 4.4 percent from the reported values in 2001. These values are greater than percent in Minnesota, experiencing a gain of 2.5 percent from the 2nd Quarter of 2001. The losses felt were greater than than the gain felt at the national level of 2.6 percent.
Red Lake County Five-Year Percentage Growth in EmploymentThe
Depository credit intermediation industry has witnessed the largest percentage of employment expansion, increasing by 43.4 percent from the 2001 (Q2) to the 2006 (Q2). This industry in Red Lake County has increased employment faster than the growth seen in the industry for Minnesota, where this industry saw a gain of 18.4 percent. The
Depository credit intermediation industry in Red Lake County outpaced the nation in terms of industry employment growth . During this period, the nation gained 6 percent of the employment in this industry.
Top 2 Industries 1. Depository credit intermediation (43.4 percent gain)
2. Building material and supplies dealers (13.9 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.
