Tuesday, February 27, 2007

McHenry County Industry Wages Lag Behind North Dakota, and Wages Lag Behind the United States


(Click Image to Enlarge Graph)



The average total wages in all industries in McHenry County, North Dakota can be described as medium-high when analyzed with other Counties in the state. The overall wages are 15 percent lower than the state, which was reported to be $30,009. 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.

Friday, February 23, 2007

McHenry County Five-Year Industry Employment Change

McHenry County Five-Year Percentage Growth in Employment

The Specialized freight trucking industry has gone through the largest job growth by percent, increasing by 223.5 percent from 2001 to 2006. This industry in McHenry County has grow faster than the overall industry growth seen in the State of North Dakota, where the industry felt a gain of 16.5 percent. The Specialized freight trucking industry in McHenry County outpaced the US in terms of percent growth of industry employment. During this period, the US gained 6.8 percent.

Top 4 Industries
1. Specialized freight trucking (223.5 percent gain)
2. Nonresidential building construction (126.7 percent gain)
3. Farm product raw material merch. whls. (41.5 percent gain)
4. Residential building construction (13.6 percent gain)

McHenry County Five-Year Percentage Decline in Employment

The Highway, street, and bridge construction industry has lost the largest percent of jobs, losing 67.8 percent from 2001 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry sector has gone through in the North Dakota, where the industry sector experienced a gain of 4.8 percent. The losses in the Highway, street, and bridge construction industry in McHenry County outpaced the losses of nation as a whole in the industry. In this time period, the nation lost 0.6 percent in terms of employees in the Highway, street, and bridge construction industry.

Top 2 Industries
1. Highway, street, and bridge construction (67.8 percent decline)
2. Depository credit intermediation (7.1 percent decline)

Total employment has decreased by 4.2 percent since the 2nd Quarter of 2001. This is greater than growth in North Dakota, which went through a gain of 7.9 percent from the 2nd Quarter of 2001. The losses in the area were greater than than the gain felt at the national level of 2.6 percent.

In McHenry County, North Dakota, the entire sum of jobs in all industries overall has decreased by 28 total jobs between the 2nd Quarter of 2001 and 2nd Quarter of 2006.

From the 6 industries with industry data reported by the BLS in each quarter, 2 described an expansion of jobs throughout the time period, while 4 industry sectors accounting for employment declines during that time period.

Total Five-Year Employment Decline in McHenry County

Given the industries in the area, the Highway, street, and bridge construction industry experienced most substantial job loss, losing 26 jobs. The declines in the Highway, street, and bridge construction industry make up 89.7 percent of the total job loss in McHenry County, North Dakota.

Top 4 Industries
1. Highway, street, and bridge construction (26 jobs lost)
2. Depository credit intermediation (3 jobs lost)
3. Gasoline stations (6 jobs lost)
4. Newspaper, book, and directory publishers (1 jobs lost)

Total Five-Year Employment Growth in McHenry County

From the industries (4-digit NAICS) in the area, the Nonresidential building construction industry has grown the most with 19 new jobs created in the period. The job growth in the Nonresidential building construction industry makes up 41.3 percent of the growth in McHenry County.

Top 2 Industries
1. Nonresidential building construction (19 new jobs)
2. Farm product raw material merch. whls. (13 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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