Wednesday, March 21, 2007

In Faribault County, jobs in the offices of physicians pay the highest wages


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Individuals that are employed in the offices of physicians industry paid the average highest wages in Faribault County for the 2nd quarter of 2006. The average worker in the industry in Faribault County received a wage of $44,327 in 2nd quarter of 2006. The wage rate is less than the industry pay the State of Minnesota of $70,009 and less than then the wage for jobs in this industry at the United States Level of $64,740.

Other high-paying jobs in Faribault County, Minnesota exsists in animal slaughtering and processing ($38,411), legal services ($34,979), architectural and engineering services ($34,388) and residential building construction ($34,027) industries. Note: For Detail Comparison, Click the Above Graph

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.

Friday, March 09, 2007

Faribault County Wages have increased by 67.6% Since 2001


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From the second quarter of 2001 to the second quarter of 2006, industry wages have increased in Faribault County, Minnesota by a total of 67.6%. This is greater than the growth in average industry wages for Minnesota and greater than the growth in average industry wages for the United States.

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.

Tuesday, February 27, 2007

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


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The average total wages in all industries in Faribault County, Minnesota when analyzed can be understood as being relatively high when analyzed with other Counties in the state. The overall wages are 9.6 percent lower than the state, which accounted an average of $40,849. The average industry wage 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

Faribault County Five-Year Industry Employment Change

Total industry employment has decreased by 10.5 percent from the reported values in 2001. These values are greater than percent in Minnesota, experiencing a gain of 2.5 percent since the 2nd Quarter of 2001. The losses in the area were greater than than the gain experienced overall in the US of 2.6 percent.

Faribault County Five-Year Percentage Growth in Employment

The Professional and similar organizations industry has experienced the largest percentage growth, expanding by 109.5 percent from the 2nd quarter of 2001 to the 2nd quarter of 2006. This industry sector in Faribault County has added employment faster than the industry has grown in the State of Minnesota, where this industry saw a loss of 4.6 percent. The Professional and similar organizations industry in Faribault County outpaced the nation in terms of industry employment growth . During this period, the nation gained 1.6 percent in this industry.

Top 5 Industries
1. Professional and similar organizations (109.5 percent gain)
2. Lessors of real estate (86.4 percent gain)
3. Other professional and technical services (47.8 percent gain)
4. Other heavy construction (46.2 percent gain)
5. Florists (44.4 percent gain)

Faribault County Five-Year Percentage Decline in Employment

The Misc. nondurable goods merchant wholesalers industry has lost the largest amount of employment in terms of percentage, losing 57 percent from 2001 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry sector has felt in the State of Minnesota, where the industry felt a loss of 3.5 percent. The losses in the Misc. nondurable goods merchant wholesalers industry in Faribault County outpaced the US in terms of percent of decline of industry employment. The US lost 1.8 percent in terms of employment in the Misc. nondurable goods merchant wholesalers industry.

Top 5 Industries
1. Misc. nondurable goods merchant wholesalers (57 percent decline)
2. Civic and social organizations (28.6 percent decline)
3. Machinery and supply merchant wholesalers (26.7 percent decline)
4. Accounting and bookkeeping services (23.4 percent decline)
5. Residential building construction (19 percent decline)

Total Five-Year Employment Decline in Faribault County

The Civic and social organizations industry witnessed the largest drop in employment, losing a total of 27 jobs during the time period. The jobs lost in the Civic and social organizations industry make up 20.8 percent of the total job loss in Faribault County, Minnesota.

Top 5 Industries
1. Civic and social organizations (27 jobs lost)
2. Full-service restaurants (24 jobs lost)
3. Misc. nondurable goods merchant wholesalers (16 jobs lost)
4. Grocery stores (14 jobs lost)
5. Machinery and supply merchant wholesalers (13 jobs lost)

Total Five-Year Employment Growth in Faribault County

Out of the 4-digit NAICS industries, the Limited-service eating places industry has added the most employment with 28 jobs added during the time period. These new jobs in the Limited-service eating places industry makes up 31.8 percent of the total employment growth in Faribault County.

Top 5 Industries
1. Limited-service eating places (28 new jobs)
2. Other professional and technical services (15 new jobs)
3. Professional and similar organizations (8 new jobs)
4. Lessors of real estate (6 new jobs)
5. Other heavy construction (6 new jobs)

Given the 24 4-digit NAICS industries, 13 reported job growth in the duration of the last five years and 10 industries reported employment loss in the period.

In Faribault County, Minnesota, the entire sum of jobs in all industries overall has decreased by 494 jobs from mid-2001 to mid-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.

Monday, January 22, 2007

Faribault County One-Year Industry Employment Change

Faribault County One-Year Percentage Decline in Employment

The Architectural and engineering services industry has lost the largest percent of jobs, losing 40 percent from 2005 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry has seen in the Minnesota, where the it saw a gain of 6.2 percent. The losses in the Architectural and engineering services industry in Faribault County outpaced the US in terms of percent of decline of industry employment. The US gained 5.5 in percent of workers in the Architectural and engineering services industry.

Top 5 Industries
1. Architectural and engineering services (40 percent decline)
2. Gasoline stations (28.2 percent decline)
3. Grocery stores (26.3 percent decline)
4. Florists (20.4 percent decline)
5. Residential building construction (19.7 percent decline)

Faribault County One-Year Percentage Growth in Employment

The Lessors of real estate industry has witnessed the largest percentage of employment expansion, increasing by 24.2 percent from 2005 to 2006. This industry in Faribault County has grow faster than the industry has grown in the State of Minnesota, where it saw a gain of 2.4 percent. The Lessors of real estate industry in Faribault County outpaced the national average, which felt a lost 0.2 percent.

Top 5 Industries
1. Lessors of real estate (24.2 percent gain)
2. General freight trucking (19.7 percent gain)
3. Offices of dentists (18.3 percent gain)
4. Limited-service eating places (14.1 percent gain)
5. Health and personal care stores (10.8 percent gain)

Employment for all industries has decreased by 4.4 percent since the 2nd Quarter figures of 2005. This change is greater than growth in Minnesota, which went through a gain of 1.9 percent from the 2nd Quarter of 2005. The losses in the area were greater than than the gain felt at the national level of 2.0 percent.

Total One-Year Employment Growth in Faribault County

Out of the 4-digit NAICS industries, the Limited-service eating places industry has brought the most jobs with a total of 17 new jobs created in the period. The job growth in the Limited-service eating places industry makes up 30.4 percent of the total number of new jobs in Faribault County.

Top 5 Industries
1. Limited-service eating places (17 new jobs)
2. General freight trucking (10 new jobs)
3. Full-service restaurants (9 new jobs)
4. Civic and social organizations (4 new jobs)
5. Offices of dentists (4 new jobs)

In Faribault County, Minnesota, the entire sum of jobs in all industries overall has decreased by 193 total jobs from 2005 to 2006.

Total One-Year Employment Decline in Faribault County

Given the industries in the area, the Grocery stores industry experienced most substantial job loss, losing 45 jobs. The declines in the Grocery stores industry make up 34.1 percent of the total job loss in Faribault County, Minnesota.

Top 5 Industries
1. Grocery stores (45 jobs lost)
2. Gasoline stations (27 jobs lost)
3. Nursing care facilities (25 jobs lost)
4. Residential building construction (8 jobs lost)
5. Machinery and supply merchant wholesalers (5 jobs lost)

Given the 32 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 14 accounted an for increase in employment during the period and 13 industries reported a drop in employment.





About: This report is part 1 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.

Thursday, January 11, 2007

Income and Poverty in Faribault County, Minnesota

When compared to other counties (and parishes) throughout the United States, Faribault County was reported to have a medium-high median income for households of $40,295 (Adjusted to 2005 Dollars). This figure is 36.8 percent lower than the median in State of Minnesota of $55,120 and the median is 21.9 percent lower than the median in the US, which is $49,133.

Black or African American householders reported a median household income that was 9.3 percent less than the all population median published in the 2000 Census, with a median of $36,563. According to the 2000 Census, the Asian headed households in the area have median household incomes of $72,029. This household income level is 78.8 percent greater than the reported median for all households in the area. In Faribault County, Minnesota White headed households reported a median household income (2005 Dollars) of $40,324 according to the Decennial Census of 2000, which was 0.1 percent greater than the median income in 2000. The American Indian and Alaska Native households in Faribault County reported an income level of $65,280, this level was 62 percent greater than the median level for total households in the area. Hispanic in Faribault County, Minnesota recorded a median income of $37,398, this median is 7.2 percent less than the areas median income level for all households.

Contrasted against to other counties (or parishes) throughout the US, Faribault County, Minnesota can be considered to have a poverty rate amid the residents with a poverty rate of 8.6 percent of the individuals existing in families with incomes under the poverty level in 1999. The Hispanic race/ethnicity population category, holds the highest rate of poverty with 16.1 percent of the 2000 residents living in poverty. People aged Under 5 years have the largest percent of population in poverty in Faribault County, reporting 14.5 percent of this demographic group living with incomes under poverty.







Datasource: U.S. Bureau of the Census. 2000 Decennial Census.

Tuesday, December 19, 2006

Faribault County, Minnesota is made up of a moderately-educated population of the working age, with 13.8 percent of the population (+25) having received a BA or higher, as reported the 2000 Decennial Census. Faribault is reported having a lower percent of population with this high education level than the State of Minnesota's proportion of 27.4 percent and a lower percent than the national average of 24.4 percent.

In 2000, the Census reported that in Faribault County, Minnesota, many men in the area have reached the High School Diploma category, with 42.4 percent receiving this level of education. The women in Faribault have attainment on average a lower level of higher education (Bachelors Degree or Higher) than the male population-- 14.2 percent (Men) versus 13.6 percent (Women). A high proportion of the female population in the area has reached the High School Diploma category, with 39.2 percent of the areas female population attaining this level of education.

In Faribault County, Minnesota as reported in the Census of the year 2000, 14 percent of the White Alone, 66.6 percent of Black or African American, 3.6 percent of the Asian alone and 4.8 percent of the Hispanic or Latino (+25) population has achieved at least a Bachelors Degree.





Datasource: U.S. Bureau of the Census. 2000 Decennial Census.

Tuesday, November 28, 2006

Faribault County, Minnesota has a population that is comprised of 95 percent White, 0.3 percent African American, 0.4 percent Asian, and 3.9 percent Hispanic. The population mix can be considered to have a very modest level of diversity in terms of race and ethnicity, with 4.6 percent of the population made up of minorities. This is less than the State of Minnesota percent of 11.2. Since 2000, Faribault has increased in diversity when 4.2 percent of the people were minorities.

The population division of the Census Bureau estimates in 2005 a median age in Faribault County, Minnesota to be 44.8 years of age. The median age in Faribault is greater than the median age in Minnesota of 36.7. Since 2000, the area has experienced an increase in the median age, at that time the median was 42.6 years old. With 21.2 percent of the 2005 population being comprised of individuals under the age of 18, Faribault can be described as having a medium-low proportion of youths. The 18 to 64 years old population group has a relatively low presence of the population, with 56.8 percent of the population within the age category. People 65 years old and older make up 22 percent of the population in the area. When compared to other counties throughout the United States, this represents a relatively high percent of the population base.

Faribault County, Minnesota had an estimated population of 15,506 for the year 2005. The total population has decreased, since the 2000 total population of 16,145. The decline signifies a decrease of -4 percent. Faribault ranks 81 of 87 counties in terms of population growth in Minnesota and the county ranks 2,843 of 3,141 counties when analyzing total county population change across the nation.

In terms of total land area, Faribault encompasses a total area of 714 square miles. This area has a low population density of 22 persons per square mile, in 2005. Other US counties with similar densities include: -- more densely populated -- Clarke, AL (22 per sq. mile ), Tallahatchie, MS (22 per sq. mile ), Wilkes, GA (22 per sq. mile ), -- less densely populated -- Ripley, MO (22 per sq. mile ), Miller, GA (22 per sq. mile ), Barton, MO (22 per sq. mile ).

Estimated since the year 2000, a low amount of people have migrated to Faribault from another country. The international migration into Faribault makes up 0.1 percent of all immigration into Minnesota. This amount of international migration is low when analyzed against immigration per population in 2005.

Datasource: Population Estimates Program, U.S. Bureau of the Census.

Saturday, November 11, 2006

When compared to other counties in Minnesota, Faribault County is positioned 86 of 87 in terms of growth of new housing structures between 2001 and 2005. The county stands 2,887 of 3,141, compared to change in residential structure growth in counties throughout the Unities States.

Faribault County recorded a median home value in 2000 of $50,300, reported by the Decennial Census. This home value is less than the overall Minnesota 2000 median owner-occupied dwelling value of $122,400 and less than home value of $119,600 across the United States during the same year.

In Faribault County, the U.S. Census Bureau, Population Division accounted for a total of 7,284 homes in the year 2005. This county has gone through a growth in housing units, adding in all 34 housing units since the year 2001, or 0.5 percent.

Faribault County is made up of a small, but present percentage of homes that are high in price. In 2000, the Decennial Census reported that 0.2 percent of the homes were valued over $500,000.

There seems to be a large amount of affordable housing in Faribault County, Minnesota. In 2000, 93.2 percent of housing was valued under $125k.



Data Source: U.S. Census Bureau

Monday, October 30, 2006

Employment Report for Faribault County, Minnesota -- Annual 2005 Industry Summary

In Faribault County, Manufacturing, Retail Trade, and the Accommodation and food services industries are the largest employment industries. The Manufacturing provides the most jobs and contributes 30.8 percent of all jobs throughout the county, totaling 1,368 jobs. The Retail Trade and Accommodation and food services sectors account for 12.8 and 7.3 percent of all employment.

The Health care and social assistance industry decreased the most in percent of total employment in Faribault County since 2001, going from making up 13.4 percent of total jobs in the year 2001 to 0 percent in the year 2005.

Manufacturing has the largest businesses in Faribault County. The industry averages 39 employees per business. This is greater than the industry's national average of 39 and less than the State of Minnesota average of 39 for the Manufacturing industry.

Faribault County is ranked at 57 of 88 total Counties compared to other Counties in State of Minnesota in terms the size of total employment in 2005. This ranking has moved up since the year 2001, when it was ranked 55 of 88 Counties.

In Faribault County, Manufacturing, Agriculture, forestry, fishing and hunting and Finance and insurance are the three industries with the highest location quotients. The Manufacturing sector has a United State LQ of 2.4. In other words, the percent of total jobs in the Manufacturing sector is 2.4 times the percent of the national average, This signifies that Faribault County produces more than its local requirement of products and/or services of Manufacturing.

Arts, entertainment, and recreation saw the biggest increase in jobs since the year 2001 in Faribault County, with a job growth of 37.5 percent. This is greater than the national employment change in the industry of 4.7 percent. The State of Minnesota experienced a change in employment in the sector of 6.7 percent, during the period of 2001 to 2005.





Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW).

 

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