Tuesday, February 27, 2007

Oliver County Industry Wages Exceed North Dakota, and Wages Exceed the United States


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The average total wages in all industries in Oliver County, North Dakota when analyzed can be described as relatively high when analyzed with other Counties in the state. The overall wages are 65.5 percent higher than the reported averages in the state of $30,009. The average pay was greater 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

Oliver County Five-Year Industry Employment Change

Out of the 10 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 6 accounted an for increase in employment during the period and 4 industry sectors reported declines during the time period.

Total Five-Year Employment Decline in Oliver County

The Nursing care facilities industry faced the greatest employment loss with a total loss of 42 jobs in that time period. The declines in the Nursing care facilities industry make up 68.9 percent of the jobs lost during the period in Oliver County, North Dakota.

Top 4 Industries
1. Nursing care facilities (42 jobs lost)
2. Farm product raw material merch. whls. (14 jobs lost)
3. Grocery stores (2 jobs lost)
4. Insurance agencies, brokerages, and related (1 jobs lost)

Total Five-Year Employment Growth in Oliver County

From the industries (4-digit NAICS) in the area, the Depository credit intermediation industry has accounted the most employment growth with a total of 19 jobs added during the time period. These new jobs in the Depository credit intermediation industry makes up 36.5 percent of the total growth in Oliver County.

Top 5 Industries
1. Depository credit intermediation (19 new jobs)
2. Misc. nondurable goods merchant wholesalers (13 new jobs)
3. Full-service restaurants (10 new jobs)
4. Nonresidential building construction (10 new jobs)
5. Building material and supplies dealers (3 new jobs)

In Oliver County, North Dakota, the aggregate employment for all industry sectors has decreased by 36 total jobs from 2001 to 2006.

Oliver County Five-Year Percentage Decline in Employment

The Farm product raw material merch. whls. industry has seen the largest percentage drop in employment, losing 34.7 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 sector has felt in the State of North Dakota, where the industry sector experienced a loss of 2.7 percent. The losses in the Farm product raw material merch. whls. industry in Oliver County outpaced the United States in terms of percentage decline of industry employment. In this period, the United States lost 7.4 in percent of jobs in the Farm product raw material merch. whls. industry.

Top 5 Industries
1. Farm product raw material merch. whls. (34.7 percent decline)
2. Residential building construction (21.4 percent decline)
3. Nursing care facilities (19 percent decline)
4. Lessors of real estate (10 percent decline)
5. Insurance agencies, brokerages, and related (9.1 percent decline)

Oliver County Five-Year Percentage Growth in Employment

The Nonresidential building construction industry has seen the largest percentage job growth, expanding by 69.0 percent from the 2nd quarter of 2001 to the 2nd quarter of 2006. This industry sector in Oliver County has grow faster than the overall industry growth seen in the State of North Dakota, where the industry took a gain of 27.9 percent. The Nonresidential building construction industry in Oliver County outpaced the US in terms of percent growth of industry employment. During this period, the US lost 1.6 percent.

Top 4 Industries
1. Nonresidential building construction (69.0 percent gain)
2. Full-service restaurants (58.8 percent gain)
3. Depository credit intermediation (46.3 percent gain)
4. Misc. nondurable goods merchant wholesalers (43.3 percent gain)

Total employment has decreased by 7.4 percent since the 2nd Quarter figures of 2001. This change is greater than percent in North Dakota, which saw a gain of 7.9 percent from the 2nd Quarter of 2001. The losses the area experienced were greater than than the gain reported at the US level of 2.6 percent.





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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