Wednesday, March 21, 2007

In McLeod County, jobs in the securities and commodity contracts brokerage pay the highest wages


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Individuals that are employed in the securities and commodity contracts brokerage industry paid the average highest wages in McLeod County for the 2nd quarter of 2006. The average worker in the industry in McLeod County earned an annual wage of $68,987 in 2006. The average wage is less than the industry pay the State of Minnesota of $87,162 and less than then the pay for jobs in this industry in the United States of $138,150.

High-wage employment in McLeod County, Minnesota may be found in offices of physicians ($54,398), machinery and supply merchant wholesalers ($53,397), insurance carriers ($48,623) and architectural and structural metals mfg. ($46,077) industries. Note: Click the above Graphic for Detail 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

McLeod County Wages have increased by 21.0% Since 2001


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From the second quarter of 2001 to the second quarter of 2006, industry wages have increased in McLeod County, Minnesota by a total of 21.0%. This is greater than the growth in average industry wages for Minnesota and greater than the growth in average wages for 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

McLeod 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 McLeod County, Minnesota can be described as relatively high when analyzed with other Counties in the state. The overall wages are 15.9 percent lower than the with an state average of $40,849. The average pay was less than the US average pay 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

McLeod County Five-Year Industry Employment Change

Total employment has increased by 4.3 percent since the 2nd Quarter figures of 2001. This change is greater than percent in Minnesota, which saw a gain of 2.5 percent since 2001 ( 2nd Quarter). The gains in the area were greater than than the gain seen for the United States of 2.6 percent.

McLeod County Five-Year Percentage Growth in Employment

The Other general merchandise stores industry has witnessed the largest percentage of employment expansion, increasing by 531.5 percent from 2001 (2nd quarter) to 2006 (2nd quarter). This industry sector in McLeod County has grow faster than the overall industry growth seen in the State of Minnesota, where the industry felt a gain of 92.6 percent. The Other general merchandise stores industry in McLeod County outpaced the national average, which felt a gained 31.2 percent in this industry.

Top 5 Industries
1. Other general merchandise stores (531.5 percent gain)
2. Printing and related support activities (217.4 percent gain)
3. Other support services (190.9 percent gain)
4. Computer systems design and related services (134.4 percent gain)
5. Building material and supplies dealers (131.7 percent gain)

McLeod County Five-Year Percentage Decline in Employment

The Office supplies, stationery, and gift stores industry has lost the largest percent of jobs, losing 65.4 percent from 2001 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry has experienced in the State of Minnesota, where the industry reported a loss of 28.5 percent. The losses in the Office supplies, stationery, and gift stores industry in McLeod County outpaced the United States in terms of percentage decline of industry employment. In this period, the United States lost 17.8 percent in terms of employees in the Office supplies, stationery, and gift stores industry.

Top 5 Industries
1. Office supplies, stationery, and gift stores (65.4 percent decline)
2. Department stores (60.5 percent decline)
3. Shoe stores (59.5 percent decline)
4. Architectural and engineering services (48.2 percent decline)
5. Other wood product manufacturing (46.8 percent decline)

In McLeod County, Minnesota, the aggregate employment for all industry sectors has increased by 666 jobs from mid-2001 to mid-2006.

Out of the 63 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 22 showed an escalation in the number employed, while 41 industries reported employment loss in the period.

Total Five-Year Employment Growth in McLeod County

Out of the 4-digit NAICS industries, the Other general merchandise stores industry has accounted the most employment growth with a total of 388 jobs added during the time period. These new jobs in the Other general merchandise stores industry makes up 27.0 percent of the growth in McLeod County.

Top 5 Industries
1. Other general merchandise stores (388 new jobs)
2. Building material and supplies dealers (136 new jobs)
3. Printing and related support activities (108 new jobs)
4. Limited-service eating places (90 new jobs)
5. Community care facilities for the elderly (75 new jobs)

Total Five-Year Employment Decline in McLeod County

The Department stores industry has lost the most employment with a total loss of 362 jobs. The declines in the Department stores industry make up 33.9 percent of the total job loss in McLeod County, Minnesota.

Top 5 Industries
1. Department stores (362 jobs lost)
2. Grocery stores (118 jobs lost)
3. Other wood product manufacturing (118 jobs lost)
4. Gasoline stations (89 jobs lost)
5. Full-service restaurants (60 jobs lost)





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

McLeod County One-Year Industry Employment Change

Total One-Year Employment Decline in McLeod County

From of the area's 4-digit NAICS industries, the Full-service restaurants industry experienced most substantial job loss, losing 48 jobs in that time period. The declines in the Full-service restaurants industry make up 14.8 percent of the jobs lost during the period in McLeod County, Minnesota.

Top 5 Industries
1. Full-service restaurants (48 jobs lost)
2. Gasoline stations (44 jobs lost)
3. Civic and social organizations (30 jobs lost)
4. Automotive repair and maintenance (27 jobs lost)
5. Building foundation and exterior contractors (26 jobs lost)

Of the 68 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 31 accounted an for increase in employment during the period and 36 industries reported employment loss in the period.

In McLeod County, Minnesota, the total number of jobs throughout all industries has increased by 965 jobs from mid-2005 to mid-2006.

Total One-Year Employment Growth in McLeod County

Of the industries (4-digit NAICS) in the area, the Printing and related support activities industry has grown the most with 114 jobs added during the time period. These new jobs in the Printing and related support activities industry makes up 23.7 percent of the total number of new jobs in McLeod County.

Top 5 Industries
1. Printing and related support activities (114 new jobs)
2. Other support services (47 new jobs)
3. Misc. nondurable goods merchant wholesalers (39 new jobs)
4. Metalworking machinery manufacturing (32 new jobs)
5. Household goods repair and maintenance (24 new jobs)

Total employment has increased by 6.4 percent since the 2nd Quarter figures of 2005. This change is greater than growth in Minnesota, which saw a gain of 1.9 percent from the 2nd Quarter of 2005. The gains were greater than than the gain seen for the United States of 2.0 percent.

McLeod County One-Year Percentage Growth in Employment

The Printing and related support activities industry has seen the largest percentage job growth, expanding by 258.3 percent from the 2nd quarter of 2005 to the 2nd quarter of 2006. This industry sector in McLeod County has added employment faster than the overall industry growth seen in the State of Minnesota, where the industry felt a loss of 1 percent. The Printing and related support activities industry in McLeod County outpaced the United States, which experienced a lost 2 percent in this industry.

Top 5 Industries
1. Printing and related support activities (258.3 percent gain)
2. Household goods repair and maintenance (162.2 percent gain)
3. Other support services (120.7 percent gain)
4. Other financial investment activities (83.3 percent gain)
5. Metalworking machinery manufacturing (55.1 percent gain)

McLeod County One-Year Percentage Decline in Employment

The Specialized freight trucking industry has seen the largest percentage drop in employment, losing 52 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 felt in the State of Minnesota, where the industry reported a gain of 11.1 percent. The losses in the Specialized freight trucking industry in McLeod County outpaced the US in terms of percent of decline of industry employment. The US gained 3.5 percent in terms of employees in the Specialized freight trucking industry.

Top 5 Industries
1. Specialized freight trucking (52 percent decline)
2. Office supplies, stationery, and gift stores (49.2 percent decline)
3. Civic and social organizations (28.1 percent decline)
4. Gasoline stations (23.7 percent decline)
5. Building foundation and exterior contractors (23 percent decline)





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 McLeod County, Minnesota

Compared to other counties (and parishes) throughout the nation, McLeod County accounted a relatively high median income for all households of $53,765 (2005 Dollars). The income level is 2.5 percent lower than the median in State of Minnesota of $55,120 and the median is 8.6 percent higher than the median household income level in the US of $49,133.

In McLeod County, Minnesota White householders had a median income (2005 Dollars) of $53,883 as reported by the Decennial Census of 2000, which was 0.2 percent greater than the median income in 2000. Hispanic headed households in McLeod County, Minnesota , according to the 2000 census, had a median household income of $41,535, this income level is 22.7 percent less than the median reported for all households in the area. Black or African American householders reported household income levels that were 21.1 percent less than the overall reported level in 2000, with a reported median of $42,413. It was reported in 2000 that the Asian headed households had median household incomes of $62,754. This median income level is 16.7 percent greater than the reported median for all households in the area. The American Indian and Alaska Native headed households in McLeod County reported a median household income of $68,738, this level was 27.8 percent greater than the median level for total households in the area.

Evaluated with other counties (or parishes) across the nation, McLeod County, Minnesota can be considered to have a very low rate of poverty among the people, accounting a rate of 4.8 percent of people living in a family with an income below the poverty level in 1999. The American Indian and Alaska Native race/ethnicity demographic group, represents the largest rate of poverty with 14.7 percent of the population in 2000 living in poverty. Individuals aged 75 years and over have the most percent of people living in poverty in McLeod County, reporting 11.2 percent of this age group in the area living in poverty.







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

Tuesday, December 19, 2006

Higher Education in McLeod County, Minnesota

In McLeod County, Minnesota according the 2000 Decennial Census, 15.4 percent of the White Alone, 3.6 percent of Black or African American, 44.6 percent of the Asian alone and 3.4 percent of the Hispanic or Latino population, over the age 25, has achieved at least a Bachelors Degree.

McLeod County, Minnesota is made up of a moderately-educated 2000 population, with 15.4 percent of the population over 25 years old having received at least a Bachelors Degree, according to the Decennial Census of 2000. McLeod has a lower percent of the population with at least a Bachelors than the State of Minnesota's proportion of 27.4 percent and a lower percent than the US proportion of 24.4 percent.

In 2000, the Census reported that in McLeod County, Minnesota, the most common level of education achieved in the area for the male population is the High School Diploma category, with 36.8 percent achieving this level. The female population in McLeod have achieved a lower level of higher education (Bachelors or Higher) than men; 16 percent (Men) versus 14.8 percent (Women). A high proportion of the female population in the area has reached the High School Diploma category, with 37.8 percent of women in the area reaching this education level.





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

Tuesday, November 28, 2006

Demographic Profile for McLeod County, Minnesota

McLeod County, Minnesota had a total estimated population of 36,636 in the year 2005. The population has increased sharply, since the 2000 total population of 34,874. This growth shows an increase of 5.1 percent. McLeod ranks 25 of 87 counties by growth in total population in Minnesota and the county ranks 884 of 3,141 counties when analyzing total county population change across the nation.

When calculating the total land area, McLeod spans a total area of 492 total square miles. The area has a medium-low density of 74 persons per square mile. Other counties with similar densities in the US include: -- more densely populated -- Dyer, TN (74 per sq. mile ), Starke, IN (74 per sq. mile ), Cass, ND (74 per sq. mile ), -- less densely populated -- Franklin, TN (74 per sq. mile ), Pike, GA (74 per sq. mile ), Santa Fe, NM (74 per sq. mile ).

Since the year 2000, a medium-low number of individual migrated to the McLeod internationally. The international migration into McLeod makes up 0.2 percent of all immigration into Minnesota. This amount of international migration is medium-low when comparing levels of immigration per population in 2005.

The population division of the Census Bureau estimates in 2005 a median age in McLeod County, Minnesota to be 37.0 years old. The median in McLeod is greater than the median age for the State of Minnesota of 36.7. Since the year 2000, the area has seen an increase in the median age, when it was 35.8 years old. With a total of 24.9 percent of the population in the year 2005 being made up of individuals less than 18 years old, McLeod can be described as having a medium-high proportion of youths. The 18 to 64 years old population group has a medium-low representation within the population, making up 61.2 percent of the population within the age group. People 65 and older make up 13.9 percent of the total population in the area. Compared to other counties in the US, this represents a medium-low percent of the population base.

McLeod County, Minnesota has a population that is made of 93.9 percent White, 0.3 percent African American, 0.7 percent Asian, and 4.3 percent Hispanic. The area population base can be described as having a modest amount of racial and ethnic diversity, with 5.3 percent of minorities in the 2005 population base. This is less than the State of Minnesota percent of 11.2. Since 2000, McLeod has increased the level of diversity when 4.3 percent of the total population were minorities.

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

Saturday, November 11, 2006

Housing Report for McLeod County, Minnesota

McLeod County had an owner-occupied dwelling median in 2000 of $104,800, published by the Decennial Census. This home value is less than the State of Minnesota 2000 median owner-occupied dwelling value of $122,400 and less than median home value of $119,600 across the United States during the same year.

The State of Minnesota, McLeod County stands 29 of 87 in terms of growth of new housing structures between 2001 and 2005. The county stands 519 of 3,141, compared to change in residential structure growth in counties throughout the Unities States.

In McLeod County, there were a total of 15,334 housing units in the year 2005. This represents a growth in housing units, adding all together 1,024 residential structures since 2001, a change of 7.2 percent.

It can be understood that there is a large amount affordable residential real estate in McLeod County, Minnesota. In 2000, 67.2 percent of owner-occupied dwellings were valued under $125k.





Data Source: U.S. Census Bureau

Monday, October 30, 2006

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

Educational services is an attractive industry due to its high level of job growth since the year 2001 in McLeod County, with an industry growth of 136.6 percent. This is greater than the industry job change at the national level of 13.8 percent. The State of Minnesota experienced a change in employment in the sector of 12.1 percent, from 2001 to 2005.

In McLeod County, Manufacturing, Retail Trade, and the Health care and social assistance industries have the largest percent of jobs of all industries. The Manufacturing is the major employer in the county making up 41.9 percent of all the jobs in the county. This makes up 6,414 individuals. The Retail Trade and Health care and social assistance industries make up 14.5 and 10.1 percent of total employment, respectively.

Manufacturing is the industry with the largest establishments in McLeod County, averaging 84 jobs per place of business. This is greater than the industry's national average of 39 and greater than the State of Minnesota average establishment size of 39 for the Manufacturing industry.

In McLeod County, Manufacturing, Retail Trade and Other services, except public administration have the highest US LQ in 2005. The Manufacturing industry has a US LQ in the county of 3.27. This means the percent of total employment in the Manufacturing industry is 3.27 times greater than the US average, showing signs that McLeod specializes in Manufacturing.









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

 

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