Saturday, February 24, 2007

Murray County Five-Year Industry Employment Change

Murray County Five-Year Percentage Growth in Employment

The Offices of real estate agents and brokers industry has experienced the largest percentage growth, expanding by 91.7 percent from the 2001 (Q2) to the 2006 (Q2). This industry in Murray County has grow faster than the industry job growth experienced in Minnesota, where this industry saw a gain of 26.6 percent. The Offices of real estate agents and brokers industry in Murray County outpaced the national average, which felt a gained 28.5 percent in this industry.

Top 5 Industries
1. Offices of real estate agents and brokers (91.7 percent gain)
2. Nonresidential building construction (61.2 percent gain)
3. Specialized freight trucking (35.4 percent gain)
4. Misc. nondurable goods merchant wholesalers (30.8 percent gain)
5. Office supplies, stationery, and gift stores (22.4 percent gain)

Murray County Five-Year Percentage Decline in Employment

The Utility system construction industry has lost the largest percent of jobs, losing 39.4 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 reported a loss of 1.5 percent. The losses in the Utility system construction industry in Murray County outpaced the losses of nation as a whole in the industry. In this time period, the nation gained 5.8 in percent of workers in the Utility system construction industry.

Top 5 Industries
1. Utility system construction (39.4 percent decline)
2. General freight trucking (29.5 percent decline)
3. Insurance agencies, brokerages, and related (12.8 percent decline)
4. Gasoline stations (12 percent decline)
5. Offices of other health practitioners (9.1 percent decline)

Total employment has increased by 5.8 percent since the 2nd Quarter of 2001. This is greater than percent in the State of Minnesota, experiencing a gain of 2.5 percent since 2001 ( 2nd Quarter). The gains in the area were greater than than the gain experienced overall in the US of 2.6 percent.

Total Five-Year Employment Decline in Murray County

The Utility system construction industry experienced most substantial job loss, losing 12 jobs. The declines in the Utility system construction industry make up 32.5 percent of the total employment decline in Murray County, Minnesota.

Top 5 Industries
1. Utility system construction (12 jobs lost)
2. Gasoline stations (10 jobs lost)
3. General freight trucking (8 jobs lost)
4. Insurance agencies, brokerages, and related (4 jobs lost)
5. Building equipment contractors (2 jobs lost)

In Murray County, Minnesota, the total number of jobs throughout all industries has increased by 128 total jobs from 2001 to 2006.

Given the 20 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 9 accounted an for increase in employment during the period and 11 industries reported employment loss in the period.

Total Five-Year Employment Growth in Murray County

Out of the 4-digit NAICS industries, the Full-service restaurants industry has grown the most with 22 total jobs brought in during the period. The growth in the Full-service restaurants industry makes up 26.2 percent of the total number of new jobs in Murray County.

Top 5 Industries
1. Full-service restaurants (22 new jobs)
2. Nonresidential building construction (14 new jobs)
3. Misc. nondurable goods merchant wholesalers (14 new jobs)
4. Farm product raw material merch. whls. (7 new jobs)
5. Residential building construction (6 new jobs)





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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