Tuesday, February 27, 2007

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


(Click Image to Enlarge Graph)



The overall industry wages in Stevens County, Minnesota can be described as medium-high when compared to other 2nd quarter of 2006 County wages throughout the state. The average pay is 33.3 percent lower than the state, which was reported to be $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

Stevens County Five-Year Industry Employment Change

Given the 23 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 13 described an expansion of jobs throughout the time period, while 10 industries reported a drop in employment.

Total Five-Year Employment Growth in Stevens County

The Cattle ranching and farming industry has brought the most jobs with a total of 105 jobs added during the time period. These new jobs in the Cattle ranching and farming industry makes up 47.1 percent of the total number of new jobs in Stevens County.

Top 5 Industries
1. Cattle ranching and farming (105 new jobs)
2. Cement and concrete product manufacturing (38 new jobs)
3. Gasoline stations (17 new jobs)
4. Electronics and appliance stores (17 new jobs)
5. Services to buildings and dwellings (13 new jobs)

In Stevens County, Minnesota, the total number of workers for all sectors has increased by 443 jobs between mid-2001 and mid-2006.

Total Five-Year Employment Decline in Stevens County

Of the area's industries (4-digit NAICS), the Drinking places, alcoholic beverages industry has lost the most employment with a total loss of 41 jobs during the period. The employment lost in the Drinking places, alcoholic beverages industry make up 21.8 percent of the total employment decline in Stevens County, Minnesota.

Top 5 Industries
1. Drinking places, alcoholic beverages (41 jobs lost)
2. Limited-service eating places (37 jobs lost)
3. Farm product raw material merch. whls. (35 jobs lost)
4. Depository credit intermediation (27 jobs lost)
5. Accounting and bookkeeping services (11 jobs lost)

The total number of jobs has increased by 12.6 percent since the 2nd Quarter figures of 2001. This change is greater than growth in the State of Minnesota, which went through a gain of 2.5 percent from 2001 (2nd Quarter). The gains the area experienced were greater than than the gain seen for the United States of 2.6 percent.

Stevens County Five-Year Percentage Growth in Employment

The Cattle ranching and farming industry has gone through the largest job growth by percent, increasing by 178.4 percent from 2001 to 2006. This industry in Stevens County has added employment faster than the growth seen in the industry for Minnesota, where the industry took a gain of 24.9 percent. The Cattle ranching and farming industry in Stevens County outpaced the national average, which felt a gained 14.5 percent of the industry employment.

Top 5 Industries
1. Cattle ranching and farming (178.4 percent gain)
2. Services to buildings and dwellings (129.0 percent gain)
3. Electronics and appliance stores (73.5 percent gain)
4. Nondepository credit intermediation (71.7 percent gain)
5. Building foundation and exterior contractors (36.4 percent gain)

Stevens County Five-Year Percentage Decline in Employment

The Drinking places, alcoholic beverages industry has lost the largest amount of employment in terms of percentage, losing 59.1 percent of the jobs from 2001 to 2006. These have declined faster than the industry has seen in the Minnesota, where the industry sector experienced a loss of 29.5 percent. The losses in the Drinking places, alcoholic beverages industry in Stevens County outpaced the United States in terms of percentage decline of industry employment. In this period, the United States lost 9.7 percent in terms of employees in the Drinking places, alcoholic beverages industry.

Top 5 Industries
1. Drinking places, alcoholic beverages (59.1 percent decline)
2. Building finishing contractors (56.7 percent decline)
3. Offices of other health practitioners (43.8 percent decline)
4. Lessors of real estate (40.5 percent decline)
5. Accounting and bookkeeping services (35.5 percent decline)





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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