Swift County Five-Year Percentage Decline in EmploymentThe
Gasoline stations industry has lost the largest amount of employment in terms of percentage, losing 48.8 percent from 2001 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry has experienced in the State of Minnesota, where the industry sector experienced a loss of 18.9 percent. The losses in the
Gasoline stations industry in Swift County outpaced the US in terms of percent of decline of industry employment. The US lost 6.4 in percent of workers in the
Gasoline stations industry.
Top 5 Industries 1. Gasoline stations (48.8 percent decline)
2. Lessors of real estate (42.9 percent decline)
3. Civic and social organizations (35.3 percent decline)
4. Full-service restaurants (34.5 percent decline)
5. Other support services (34 percent decline)
Swift County Five-Year Percentage Growth in EmploymentThe
Accounting and bookkeeping services industry has witnessed the largest percentage of employment expansion, increasing by 145.5 percent from the 2001 (Q2) to the 2006 (Q2). This industry in Swift County has grow faster than the overall industry growth seen in the State of Minnesota, where it saw a loss of 12.4 percent. The
Accounting and bookkeeping services industry in Swift County outpaced the US in terms of percent growth of industry employment. During this period, the US lost 0.2 percent.
Top 5 Industries 1. Accounting and bookkeeping services (145.5 percent gain)
2. Building equipment contractors (41.8 percent gain)
3. Residential mental health facilities (30.3 percent gain)
4. Building foundation and exterior contractors (30.0 percent gain)
5. Other general merchandise stores (25.4 percent gain)
Total industry employment has decreased by 8 percent since the 2nd Quarter of 2001. This is greater than percent in Minnesota, experiencing a gain of 2.5 percent from 2001 (2nd Quarter). The losses in the area were greater than than the gain felt at the national level of 2.6 percent.
Total Five-Year Employment Growth in Swift CountyOf the industries (4-digit NAICS) in the area, the
Residential mental health facilities industry has added the most employment with 23 jobs added during the time period. These new jobs in the
Residential mental health facilities industry makes up 27.1 percent of the total growth in Swift County.
Top 5 Industries 1. Residential mental health facilities (23 new jobs)
2. Building equipment contractors (21 new jobs)
3. Other general merchandise stores (16 new jobs)
4. Accounting and bookkeeping services (11 new jobs)
5. Farm product raw material merch. whls. (6 new jobs)
Total Five-Year Employment Decline in Swift CountyFrom of the area's 4-digit NAICS industries, the
Ag., construction, and mining machinery mfg. industry faced the greatest employment loss with a total loss of 138 jobs during the time period. The jobs lost in the
Ag., construction, and mining machinery mfg. industry make up 43.5 percent of the jobs lost during the period in Swift County, Minnesota.
Top 5 Industries 1. Ag., construction, and mining machinery mfg. (138 jobs lost)
2. Gasoline stations (72 jobs lost)
3. Full-service restaurants (33 jobs lost)
4. Civic and social organizations (18 jobs lost)
5. Drinking places, alcoholic beverages (13 jobs lost)
In Swift County, Minnesota, the total number of workers for all sectors has decreased by 268 jobs from mid-2001 to mid-2006.
Of the 23 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 14 accounted an for increase in employment during the period and 8 industry sectors accounting for employment declines during that time period.
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.
