In the Fargo, ND-MN metro area, the total number of jobs throughout all industries has increased by 10,621 total jobs between the 2nd Quarter of 2001 and 2nd Quarter of 2006.
Total Five-Year Employment Decline in the Fargo Metro AreaThe
Community care facilities for the elderly industry has lost the most employment with a total loss of 422 jobs in that time period. The declines in the
Community care facilities for the elderly industry make up 29.3 percent of the employment lost during the period in Fargo, ND-MN.
Top 5 Industries 1. Community care facilities for the elderly (422 jobs lost)
2. Office supplies, stationery, and gift stores (181 jobs lost)
3. Grocery and Related Product Wholesalers (168 jobs lost)
4. Farm product raw material merch. whls. (162 jobs lost)
5. Electronic markets and agents and brokers (100 jobs lost)
Total Five-Year Employment Growth in the Fargo Metro AreaOf the industries (4-digit NAICS) in the area, the
Individual and family services industry has accounted the most employment growth with a total of 429 employees finding new jobs in the industry. The employment growth in the
Individual and family services industry makes up 6.5 percent of the total growth in Fargo.
Top 5 Industries 1. Individual and family services (429 new jobs)
2. Building equipment contractors (410 new jobs)
3. Depository credit intermediation (396 new jobs)
4. Full-service restaurants (363 new jobs)
5. Building foundation and exterior contractors (331 new jobs)
Given the 70 industries with industry data reported by the BLS in each quarter, 18 showed an escalation in the number employed, while 52 industries reported employment loss in the period.
The Fargo Metro Area: Five-Year Percentage Decline in EmploymentThe
Community care facilities for the elderly industry has lost the largest percent of jobs, losing 65.7 percent of the jobs from 2001 to 2006. These have declined faster than the industry has seen in the North Dakota, where the industry reported a gain of 7.8 percent. The losses in the
Community care facilities for the elderly industry in Fargo outpaced the United States industry losses overall. During this period, the United States gained 27.2 in percent of workers in the
Community care facilities for the elderly industry.
Top 5 Industries 1. Community care facilities for the elderly (65.7 percent decline)
2. Office supplies, stationery, and gift stores (35.5 percent decline)
3. Farm product raw material merch. whls. (24.6 percent decline)
4. Lawn and garden equipment and supplies stores (22.4 percent decline)
5. Grocery and Related Product Wholesalers (17.1 percent decline)
The Fargo Metro Area: Five-Year Percentage Growth in EmploymentThe
Medical and diagnostic laboratories industry has seen the largest percentage job growth, expanding by 80.1 percent from the 2nd quarter of 2001 to the 2nd quarter of 2006. This industry sector in Fargo has grow faster than the industry has grown in the State of North Dakota, where this industry saw a gain of 63.6 percent. The
Medical and diagnostic laboratories industry in Fargo outpaced the US in terms of percent growth of industry employment. During this period, the US gained 20.3 percent.
Top 5 Industries 1. Medical and diagnostic laboratories (80.1 percent gain)
2. Other motor vehicle dealers (57.3 percent gain)
3. Professional and similar organizations (55.2 percent gain)
4. Shoe stores (51.6 percent gain)
5. Other specialty trade contractors (47.6 percent gain)
Total employment has increased by 12.3 percent since the 2nd Quarter of 2001. This is greater than growth in North Dakota, experiencing a gain of 7.9 percent since 2001 ( 2nd Quarter). The gains in the area were greater than than the gain felt at the national level of 2.6 percent.
