Monday, January 22, 2007

Ramsey County One-Year Industry Employment Change

Total employment has decreased by 0.7 percent since the 2nd Quarter of 2005. This is greater than percent in North Dakota, which saw a gain of 2.6 percent from the 2nd Quarter of 2005. The losses were greater than than the gain experienced overall in the US of 2.0 percent.

Ramsey County One-Year Percentage Growth in Employment

The Management of companies and enterprises industry has experienced the largest percentage growth, expanding by 33.3 percent from the 2005 (Q2) to the 2006 (Q2). This industry in Ramsey County has expanded faster than the industry job growth experienced in North Dakota, where this industry saw a gain of 16 percent. The Management of companies and enterprises industry in Ramsey County outpaced the nation in terms of industry employment growth . During this period, the nation gained 2.7 percent of the employment in this industry.

Top 5 Industries
1. Management of companies and enterprises (33.3 percent gain)
2. Health and personal care stores (16.3 percent gain)
3. Insurance agencies, brokerages, and related (16.2 percent gain)
4. Other motor vehicle dealers (14.9 percent gain)
5. Clothing stores (14.5 percent gain)

Ramsey County One-Year Percentage Decline in Employment

The Lessors of real estate industry has lost the largest amount of employment in terms of percentage, losing 39.6 percent from 2005 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry has experienced in the State of North Dakota, where the industry sector experienced a gain of 2.4 percent. The losses in the Lessors of real estate industry in Ramsey County outpaced the US in terms of percent of decline of industry employment. The US lost 0.2 in percent of workers in the Lessors of real estate industry.

Top 5 Industries
1. Lessors of real estate (39.6 percent decline)
2. Architectural and engineering services (28 percent decline)
3. Residential mental health facilities (16.6 percent decline)
4. Automotive repair and maintenance (15.9 percent decline)
5. Building finishing contractors (14.3 percent decline)

Total One-Year Employment Decline in Ramsey County

Of the area's industries (4-digit NAICS), the Full-service restaurants industry experienced most substantial job loss, losing 15 jobs. The declines in the Full-service restaurants industry make up 21.0 percent of the total job loss in Ramsey County, North Dakota.

Top 5 Industries
1. Full-service restaurants (15 jobs lost)
2. Residential mental health facilities (12 jobs lost)
3. Lessors of real estate (7 jobs lost)
4. Automotive repair and maintenance (6 jobs lost)
5. Gasoline stations (5 jobs lost)

In Ramsey County, North Dakota, the total number of jobs throughout all industries has decreased by 32 total jobs between the 2nd Quarter of 2005 and 2nd Quarter of 2006.

From the 36 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 16 showed an escalation in the number employed, while 19 industry sectors accounting for employment declines during that time period.

Total One-Year Employment Growth in Ramsey County

Of the industries (4-digit NAICS) in the area, the Management of companies and enterprises industry has brought the most jobs with a total of 19 new jobs created in the period. The job growth in the Management of companies and enterprises industry makes up 23.0 percent of the growth in Ramsey County.

Top 5 Industries
1. Management of companies and enterprises (19 new jobs)
2. Traveler accommodation (9 new jobs)
3. Insurance agencies, brokerages, and related (6 new jobs)
4. Limited-service eating places (6 new jobs)
5. Clothing stores (5 new jobs)





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.

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