Employment Report for Lincoln, Nebraska -- Annual 2005 Industry Summary
The Lincoln Metropolitan Area is ranked at 134 of 363 throughout the US according to the relatively size of the employment base in the year 2005. This ranking has slipped behind during the time of 2001 and 2005. The Metropolitan Area, in the year 2001, was ranked 133 of 363 Counties.
A high-wage industry in Lincoln is the utilities sector paying an annual wage of $66,569. In the Metropolitan Area since the year 2001, the annual average pay of the industry has grown by 5.5 percent or $3,495. The State of Nebraska shows the same economic condition in the utilities sector, standing at the top of industries in terms of 2004 annual average wages.
The Administrative and waste services sector has decreased the most in local industry presence in the Lincoln Metro since the year 2001. The industry went from accounting for 6.1 percent of total employment for the year 2001 to 0 percent in 2005.
Finance and insurance is an attractive industry due to its high level of job growth since the year 2001 in Lincoln, changing a total of 25.2 percent. This is greater than the national sector change of 4.8 percent. The State of Nebraska felt a shift in employment in the industry of 4.6 percent, in the recent period of 2001-2005.
In Lincoln, Finance and insurance, Transportation and Warehousing and Arts, entertainment, and recreation industries have the highest United States location quotient (LQ). The Finance and insurance industry has a US LQ in the region of 1.54. The percent of employment in the Finance and insurance sector is 1.54 times greater than the US average, showing signs that Lincoln may specialize, or be an exporter of Finance and insurance.
Manufacturing has the largest businesses in Lincoln Metropolitan Area (MSA), averaging 56 jobs per place of business. This is greater than the industry's national average of 39 and greater than the Nebraska average establishment size of 49 for the Manufacturing industry.
In Lincoln, Retail Trade, Manufacturing, and the Accommodation and food services sectors, in terms of total employment, are the largest. Retail Trade is the major employer in the Metropolitan Area making up 13.9 percent of all jobs throughout the region, totaling 17,570 employees. The Manufacturing and Accommodation and food services industries total 12.1 and 10.4 percent of industry employment.
Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW).
A high-wage industry in Lincoln is the utilities sector paying an annual wage of $66,569. In the Metropolitan Area since the year 2001, the annual average pay of the industry has grown by 5.5 percent or $3,495. The State of Nebraska shows the same economic condition in the utilities sector, standing at the top of industries in terms of 2004 annual average wages.
The Administrative and waste services sector has decreased the most in local industry presence in the Lincoln Metro since the year 2001. The industry went from accounting for 6.1 percent of total employment for the year 2001 to 0 percent in 2005.
Finance and insurance is an attractive industry due to its high level of job growth since the year 2001 in Lincoln, changing a total of 25.2 percent. This is greater than the national sector change of 4.8 percent. The State of Nebraska felt a shift in employment in the industry of 4.6 percent, in the recent period of 2001-2005.
In Lincoln, Finance and insurance, Transportation and Warehousing and Arts, entertainment, and recreation industries have the highest United States location quotient (LQ). The Finance and insurance industry has a US LQ in the region of 1.54. The percent of employment in the Finance and insurance sector is 1.54 times greater than the US average, showing signs that Lincoln may specialize, or be an exporter of Finance and insurance.
Manufacturing has the largest businesses in Lincoln Metropolitan Area (MSA), averaging 56 jobs per place of business. This is greater than the industry's national average of 39 and greater than the Nebraska average establishment size of 49 for the Manufacturing industry.
In Lincoln, Retail Trade, Manufacturing, and the Accommodation and food services sectors, in terms of total employment, are the largest. Retail Trade is the major employer in the Metropolitan Area making up 13.9 percent of all jobs throughout the region, totaling 17,570 employees. The Manufacturing and Accommodation and food services industries total 12.1 and 10.4 percent of industry employment.
Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW).
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