Wednesday, March 21, 2007

In Hennepin County, jobs in the spectator sports pay the highest wages


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Employment in the spectator sports industry had the highest average wages in Hennepin County for the 2nd quarter of 2006. The average worker in the industry in Hennepin County was paid an annual wage of $406,483 in 2nd quarter of 2006. The wage rate is greater than the industry wage in Minnesota of $166,793 and greater than then the pay for jobs in this industry in the United States of $84,169.

Other top-pay jobs in Hennepin County, Minnesota are present in offices of real estate agents and brokers ($142,571), farm product raw material merch. whls. ($128,463), wireless telecommunications carriers ($128,040) and other financial investment activities ($108,795) industries. Note: Clicking the Above Graphic Displays the Detailed Comparison

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

Hennepin County Wages have increased by 15.4% Since 2001


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From 2001 to 2006, average industry wages increased in Hennepin County, Minnesota by a total of 15.4%. This is greater than the growth in wages for the State of Minnesota and less than the growth in industry wages across the US.

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

Hennepin County Industry Wages Exceed Minnesota, and Wages Exceed the United States


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The overall industry wages in Hennepin County, Minnesota when analyzed can be understood as being very high when analyzed with other Counties in the state. The overall wages are 24.7 percent higher than the state, which accounted an average of $40,849. The overall industry wage was greater 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

Hennepin County Five-Year Industry Employment Change

Total Five-Year Employment Growth in Hennepin County

From the industries (4-digit NAICS) in the area, the Individual and family services industry has brought the most jobs with a total of 6,601 new jobs created in the period. The job growth in the Individual and family services industry makes up 14.5 percent of the total employment growth in Hennepin County.

Top 5 Industries
1. Individual and family services (6,601 new jobs)
2. Limited-service eating places (2,637 new jobs)
3. General medical and surgical hospitals (2,424 new jobs)
4. Medical equipment and supplies manufacturing (2,170 new jobs)
5. Full-service restaurants (1,977 new jobs)

In Hennepin County, Minnesota, the entire sum of jobs in all industries overall has decreased by 28,483 jobs between mid-2001 and mid-2006.

Given the 217 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 134 showed an escalation in the number employed, while 83 industry sectors reported declines during the time period.

Total Five-Year Employment Decline in Hennepin County

Given the industries in the area, the Data processing and related services industry witnessed the largest drop in employment, losing a total of 2,947 jobs during the time period. The jobs lost in the Data processing and related services industry make up 4.5 percent of the total employment decline in Hennepin County, Minnesota.

Top 5 Industries
1. Data processing and related services (2,947 jobs lost)
2. Wired telecommunications carriers (2,929 jobs lost)
3. Grocery stores (2,400 jobs lost)
4. Business support services (1,988 jobs lost)
5. Drinking places, alcoholic beverages (1,973 jobs lost)

Total employment has decreased by 3.6 percent since the 2nd Quarter figures of 2001. This change is greater than growth in the State of Minnesota, experiencing a gain of 2.5 percent from 2001 (2nd Quarter). The losses were greater than than the gain experienced overall in the US of 2.6 percent.

Hennepin County Five-Year Percentage Decline in Employment

The Fruit and vegetable preserving and specialty industry has lost the largest percent of jobs, losing 74.5 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 felt a loss of 16.5 percent. The losses in the Fruit and vegetable preserving and specialty industry in Hennepin County outpaced the United States industry losses overall. During this period, the United States lost 13.3 in percent of workers in the Fruit and vegetable preserving and specialty industry.

Top 5 Industries
1. Fruit and vegetable preserving and specialty (74.5 percent decline)
2. Other electrical equipment and component mfg. (73.4 percent decline)
3. Grain and oilseed milling (70.1 percent decline)
4. Glass and glass product manufacturing (69.2 percent decline)
5. Animal food manufacturing (68.7 percent decline)

Hennepin County Five-Year Percentage Growth in Employment

The Other nonmetallic mineral products industry has witnessed the largest percentage of employment expansion, increasing by 331.4 percent from 2001 to 2006. This industry in Hennepin County has added employment faster than the overall industry growth seen in the State of Minnesota, where the industry took a gain of 9.6 percent. The Other nonmetallic mineral products industry in Hennepin County outpaced the national average, which felt a gained 5.7 percent of the industry employment.

Top 5 Industries
1. Other nonmetallic mineral products (331.4 percent gain)
2. Promoters of performing arts and sports (242.8 percent gain)
3. Educational support services (143.2 percent gain)
4. Farm product raw material merch. whls. (124.3 percent gain)
5. Community care facilities for the elderly (95.9 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.

Monday, January 22, 2007

Hennepin County One-Year Industry Employment Change

Hennepin County One-Year Percentage Growth in Employment

The Unclassified industry has experienced the largest percentage growth, expanding by 1883.3 percent from 2005 (2nd quarter) to 2006 (2nd quarter). This industry sector in Hennepin County has added employment faster than the industry has grown in the State of Minnesota, where the industry took a gain of 1252.9 percent. The Unclassified industry in Hennepin County outpaced the national average, which felt a gained 12.1 percent.

Top 5 Industries
1. Unclassified (1883.3 percent gain)
2. Educational support services (286.4 percent gain)
3. Audio and video equipment manufacturing (176.9 percent gain)
4. Other residential care facilities (62.8 percent gain)
5. Support activities for animal production (56.3 percent gain)

Hennepin County One-Year Percentage Decline in Employment

The Support activities for air transportation industry has lost the biggest percent of jobs, losing 35.1 percent of the jobs from the 2nd quarter of 2005 to 2nd quarter of 2006. The losses of the area have declined faster than the industry sector has gone through in the Minnesota, where the it saw a loss of 15.7 percent. The losses in the Support activities for air transportation industry in Hennepin County outpaced the US in terms of percent of decline of industry employment. The US gained 5.3 percent in terms of employment in the Support activities for air transportation industry.

Top 5 Industries
1. Support activities for air transportation (35.1 percent decline)
2. Independent artists, writers, and performers (23.1 percent decline)
3. Used merchandise stores (21.2 percent decline)
4. RV parks and recreational camps (20.7 percent decline)
5. Rooming and boarding houses (20.6 percent decline)

The total number of jobs has increased by 0.8 percent since the 2nd Quarter of 2005. This is less than percent in Minnesota, which saw a gain of 1.9 percent since the 2nd Quarter of 2005. The gains in the area were less than than the gain reported at the US level of 2.0 percent.

Of the 221 industries with industry data reported by the BLS in each quarter, 106 showed an escalation in the number employed, while 115 industries reported a drop in employment.

Total One-Year Employment Decline in Hennepin County

Of the area's industries (4-digit NAICS), the Scheduled air transportation industry witnessed the largest drop in employment, losing a total of 3,620 jobs in that time period. The declines in the Scheduled air transportation industry make up 18.7 percent of the total employment decline in Hennepin County, Minnesota.

Top 5 Industries
1. Scheduled air transportation (3,620 jobs lost)
2. Department stores (2,205 jobs lost)
3. Grocery stores (1,162 jobs lost)
4. Full-service restaurants (755 jobs lost)
5. Building equipment contractors (728 jobs lost)

Total One-Year Employment Growth in Hennepin County

Out of the 4-digit NAICS industries, the Employment services industry has accounted the most employment growth with a total of 2,717 total jobs brought in during the period. The growth in the Employment services industry makes up 10.7 percent of the total number of new jobs in Hennepin County.

Top 5 Industries
1. Employment services (2,717 new jobs)
2. Outpatient care centers (1,128 new jobs)
3. Individual and family services (1,068 new jobs)
4. Management of companies and enterprises (1,044 new jobs)
5. Educational support services (1,018 new jobs)

In Hennepin County, Minnesota, the total number of jobs throughout all industries has increased by 6,246 total jobs between the 2nd Quarter of 2005 and 2nd Quarter of 2006.





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 Hennepin County, Minnesota

The areas median household income has declined from the inflation-adjusted values in 2000. The income level has decreased to $55,996, representing a 7.4 percent decline. Hennepin County, Minnesota, in terms of percentage of decline, ranks 4 of 11 counties in percent of decline for household income in Minnesota. Hennepin County ranks 347 of 668 counties (or parishes) when comparing total percent of decline in household income across the nation.

As the median household income witnessed a decline from 2000 to 2005 in Hennepin County, Minnesota, the Race/Ethnicity group that experienced the largest decline in median income was the Black or African American category. This group felt a decline of 29.1 percent since the year 2000. The American Indian and Alaska Native Race/Ethnicity group has been least impacted by the median income decline in Hennepin County, seeing a 27.1 percent increase in household income level, since the year 2005.

When compared to other counties (or parishes) across the United States, Hennepin County, Minnesota can be recognized as having a rate of poverty among the people, accounting a rate of 8.3 percent of the population with family incomes below the 1999 poverty level. The American Indian and Alaska Native race/ethnicity population category, holds the highest rate of poverty with 28.7 percent of the 2000 population living in poverty. People that are of the age 5 years are witness to the most percent living in poverty in Hennepin County, accounting 11.9 percent of this age cohort living in poverty.

The poverty rate in Hennepin County, Minnesota has increased by 2.5 percent from the levels reported in the Decennial Census of 2000, moving from 8.3 percent to 10.8 percent.

Black or African American householders reported a median household income that was 44.2 percent less than the overall median reported in 2000, with a reported median of $33,751. The Asian headed households reported median household incomes of $55,440. This household income level is 8.4 percent less than the reported median for all households in the area. Hispanic headed households in Hennepin County, Minnesota , as reported in 2000, had a median household income of $43,353, this income level is 28.3 percent less than reported value of the areas total household median income for all households. The households that were headed by an American Indian and Alaska Native individual in Hennepin County had a median income of $32,501, this level was 46.3 percent less than the median income level in this area. In Hennepin County, Minnesota White householders had a median household income (in 2005 Dollars) of $64,749 according to the 2000 Dencennial Census, which was 7 percent greater than the median in the year 2000.

Compared to other counties (and parishes) throughout the nation, Hennepin County had a relatively high median income for all households of $60,502 (2005 Dollars). This median is 8.9 percent higher than the median in Minnesota of $55,120 and the income level is 18.8 percent higher than the median household income level in the US of $49,133.

Datasource: U.S. Bureau of the Census. 2000 Decennial Census. 2005 American Community Survey.

Tuesday, December 19, 2006

Higher Education in Hennepin County, Minnesota

Since the year 2000, Hennepin has increased in the percent of the total population (+25) with a BA or Higher. The portion of this population has grown by 4.6 percent to a total of 43.6 percent in 2005, according to the American Community Survey. The 2005 proportion of highly educated population is greater than the State of Minnesota percent of 30.8 and greater than the United States percent of 27.2.

According to the 2000 Decennial Census in Hennepin County, Minnesota, the most common level of education achieved in the area for the male population is the Bachelors Degree or Higher category, with 41.4 percent achieving this level. The female population in Hennepin on average have achieved a lower level of higher education (Bachelors or Higher) than men -- 41.4 percent (Men) versus 36.8 percent (Women). A high proportion of the female population in the area has reached the Bachelors Degree or Higher category, with 36.8 percent of the women population in the area achieving this level of education.

In Hennepin County, Minnesota as reported in the Census of the year 2000, 41.8 percent of the White Alone, 17.8 percent of Black or African American, 38.8 percent of the Asian alone and 18 percent of the Hispanic or Latino population, over the age 25, has achieved at least a Bachelors Degree.

Hennepin County, Minnesota can be considered to have a very highly-educated population of the working age, with 39 percent of the over 25 years old population having a Bachelors Degree or Higher, according to the 2000 Decennial Census. Hennepin was reported to have a higher percent of highly educated individuals than the State of Minnesota's proportion of 27.4 percent and a higher percent than the average across the nation of 24.4 percent.

From the years 2000 to 2005, the proportion of the male population that could be considered highly educated has increased by 5.6 percent. By 2005, 46.6 percent of area's male population (+25) achieved a BA or Higher. During the same period, the percent of women (+25) that have earned a BA or higher has increased by a total of 4.0 percent. By 2005, a total of 40.8 percent of the female population having received at least a Bachelors Degree.

Datasource: U.S. Bureau of the Census. 2000 Decennial Census. 2005 American Community Survey.

Tuesday, November 28, 2006

Demographic Profile for Hennepin County, Minnesota

Hennepin County, Minnesota had a total estimated population of 1,119,364 in the year 2005. The population has increased, since the population in 2000 of 1,117,645. This growth signifies an increase of 0.2 percent. Hennepin ranks 27 of 87 counties when analyzing total population change in Minnesota and the county ranks 894 of 3,141 counties by growth in county population in the United States.

Since 2000, a very high amount of people have migrated to Hennepin internationally. The migration from outside the US into Hennepin makes up 50.4 percent of all immigration into Minnesota. This percent of immigration can be considered very high when comparing levels of immigration per population in 2005.

Hennepin County, Minnesota has a population base that is comprised of 76.1 percent White, 10.1 percent African American, 5.4 percent Asian, and 5.5 percent Hispanic. This area can be considered to have a high amount of racial and ethnic diversity, with 21.0 percent of minorities in the 2005 population base. This is greater than the State of Minnesota percent of 11.2. Since 2000, Hennepin has increased the level of diversity when 18.2 percent of the people were minorities.

When measuring the total land area, Hennepin covers a total land area of 557 total square miles. The area has a very high density of 2,011 persons per square mile. Other counties with similar densities in the US include: -- more densely populated -- Franklin, OH (2,020 per sq. mile ), Harris, TX (2,136 per sq. mile ), Bristol, RI (2,137 per sq. mile ), -- less densely populated -- Hamilton, OH (1,980 per sq. mile ), St. Louis, MO (1,978 per sq. mile ), Alameda, CA (1,964 per sq. mile ).

In 2005, the Census Bureau estimated the median age in Hennepin County, Minnesota to be 36.8 years of age. The median in Hennepin is greater than the median in Minnesota of 36.7. Since 2000, the area has experienced an increase in the median age, when it was 34.9 years old. With a total of 23.4 percent of the 2005 population being made up of children and youth younger than 18, Hennepin can be understood as having a medium-high percent of individuals under 18. The working age population group (18-64) has a relatively high representation within the population, making up 65.7 percent of the population within the age group. People 65 and older make up 11 percent of the population. When compared to other counties in the United States, this represents a medium-low proportion of the area population base.

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

Saturday, November 11, 2006

Housing Report for Hennepin County, Minnesota

The residential home values in Hennepin County, Minnesota have seen large increases from the housing values in 2000. The residential values have increased by $102,100, or 71.2 percent, from their 2000 value of $143,400.

When compared to other counties in Minnesota, Hennepin County ranks 48 of 87 by percentage growth in residential real estate. The county is positioned 1,103 of 3,141, comparing the percentage change in residential in other US counties.

Hennepin County recorded median owner-occupied home value in the year 2005 of $245,500, reported by the American Community Survey. This home value is greater than the State of Minnesota 2005 home median value of $198,800 and greater than median owner-occupied dwelling value of $167,500 across the United States during the same year.

Hennepin County may be be described as having a relatively high proportion of residential real estate that is high priced. In 2005, the American Community Survey reports that 11.7 percent residential property is valued over $500k.

It can be understood that there is a limited amount of affordable housing in Hennepin County, Minnesota. In 2005, 5.4 percent of housing was valued under $125k.

In Hennepin County, there were a total of 492,083 housing units in the year 2005. This represents a growth in housing units, adding a sum of 18,285 housing units since the year 2001, or 3.9 percent.

Data Source: U.S. Census Bureau

Monday, October 30, 2006

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

In Hennepin County, Management of companies and enterprises, Finance and insurance and Professional and technical services industries have the highest United States location quotient (LQ). The Management of companies and enterprises sector in the county has a location quotient of 3.12. The percent of employment in the Management of companies and enterprises sector is 3.12 times greater than the national average, signifying that Hennepin may be an exporter of products or services of Management of companies and enterprises.

In Hennepin County, Health care and social assistance, Manufacturing, and the Retail Trade industries have the largest percent of jobs of all industries. The Health care and social assistance is the largest employment industry and makes up 12.3 percent of the total county employment. This totals 91,701 people employed. The Manufacturing and Retail Trade sectors account for 11.6 and 10.8 percent of all employment.

Manufacturing since the year 2001 was faced with the largest loss in employment in Hennepin County. The sector dealt with a loss of 11,361 jobs during the period, or 11.6 percent of employment in the sector. These losses made up 25 percent of the total jobs loss in the County.

Management of companies and enterprises has the largest employers in Hennepin County. The industry averages 81 employees per business. This is greater than the industry's national average of 40 and greater than the State of Minnesota average of 59 for the Management of companies and enterprises industry.

Mining has seen the highest growth in employment from the years 2001-2005 in Hennepin County, with an employment growth of 19.8 percent. This is greater than the United States change in the sector jobs of 4.7 percent. The State of Minnesota went through a industry job change of -14.1 percent, in the period of time since 2001.







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

 

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