Monday, October 30, 2006

Employment Report for Sheridan County, North Dakota -- Annual 2005 Industry Summary

The Retail Trade sector has decreased the most in local industry presence in Sheridan County since 2001, going from making up 6.1 percent of total jobs in the year 2001 to 0 percent of employment in 2005.

Accommodation and food services is an attractive industry due to its high level of job growth since the year 2001 in Sheridan County, with an industry growth of 62.5 percent. This is greater than the rate of industry employment change in the United States of 7.6 percent. The State of North Dakota felt a shift in employment in the industry of 5.3 percent, in the duration of 2001 to 2005.

Sheridan County is ranked at 52 of 54 total Counties throughout North Dakota in terms of total 2005 employment. The County’s employment ranking has moved up since the year 2001, when it was ranked 51 of 54 Counties.

In Sheridan County, Accommodation and food services, Wholesale trade, and the Other services, except public administration industries have the largest percent of jobs of all industries. The Accommodation and food services is the largest employment industry and makes up 13.9 percent of all the jobs in the county. This makes up 26 individuals. The Wholesale trade and Other services, except public administration sectors account for 13.4 and 4.8 percent of total employment, respectively.

Accommodation and food services has the largest businesses in Sheridan County, averaging 5 employees per business. This is less than the industry's average in the United States of 19 and less than the State of North Dakota typical size of 15 for the Accommodation and food services industry.

In Sheridan County, Wholesale trade, Accommodation and food services and Other services, except public administration are the three industries with the highest location quotients. The Wholesale trade industry has an LQ of 2.57. In other words, the percent of total jobs in the Wholesale trade sector is 2.57 times the percent of the national average, This signifies that Sheridan specializes in Wholesale trade.





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

 

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