|
EMPLOYMENT ANALYSIS
<br /> TABLE E-1
<br /> RESIDENT EMPLOYMENT(ANNUAL AVERAGE)
<br /> SHERBURNE COUNTY
<br /> 2000 to 2012*
<br /> Total Minnesota U.S.
<br /> Labor Total Total Unemployment Unemployment Unemployment
<br /> Year Force Employed Unemployed Rate Rate Rate
<br /> 2000 37,835 36,699 1,136 3.0% 3.1% 4.0%
<br /> 2001 39,758 38,240 1,518 3.8% 3.8% 4.7%
<br /> 2002 41,986 40,017 1,969 4.7% 4.5% 5.8%
<br /> 2003 43,995 41,833 2,162 4.9% 4.8% 6.0%
<br /> 2004 45,571 43,343 2,228 4.9% 4.6% 5.6%
<br /> 2005 47,114 45,058 2,056 4.4% 4.1% 5.1%
<br /> 2006 47,459 45,392 2,067 4.4% 4.0% 4.6%
<br /> 2007 48,807 46,331 2,476 5.1% 4.6% 4.6%
<br /> 2008 49,780 46,735 3,045 6.1% 5.4% 5.8%
<br /> 2009 49,468 44,802 4,666 9.4% 8.1% 9.3%
<br /> 2010 49,355 45,175 4,180 8.5% 7.3% 9.6%
<br /> 2011 49,286 45,696 3,590 7.3% 6.4% 8.9%
<br /> 2012 49,812 46,025 3,787 7.6% 6.0% 8.2%
<br /> Change 2000-11 11,520 8,476 3,044 5.5% 4.2% 5.6%
<br /> • 2012 data is the average from January through April.
<br /> Sources: Minnesota Workforce Center; Maxfield Research Inc.
<br /> Covered Employment by Industry
<br /> • Overall, the number of covered jobs in Elk River increased by 22%, or 1,971 jobs since 2000.
<br /> Covered jobs have remained relatively stable with few small declines mid-decade and
<br /> during the economic recession. The City of Elk River is currently at its highest point since
<br /> 2000 with 11,216 jobs in 2011.
<br /> • Nearly all of the growth has occurred in the Education and Health Services sector (75%).
<br /> Without the substantial growth in this industry, the City would still have experienced a gain
<br /> in covered employment, however at a much lesser rate over the decade.
<br /> • The Education and Health Services sector has overtaken the Trade, Transportation, and
<br /> Utilities sectors for the largest portion (28%, or 3,119 jobs) of the jobs in Elk River as of
<br /> 2011. The Trade, Transportation, and Utilities sector accounted for 24% (2,725 jobs) of
<br /> covered jobs in the City.
<br /> • The Education and Health Services industry has more than doubled in jobs over the period,
<br /> adding 1,752 jobs (128%). There were six other sectors that experienced growth which
<br /> include by numerical growth: Public Administration which added 284 jobs (50%), Trade,
<br /> Transportation, and Utilities which added 255 jobs (10%), Other Services which added 136
<br /> jobs (36%), and Manufacturing which added 102 jobs (8.5%). Natural Resources/Mining and
<br /> MAXFIELD RESEARCH INC. 28
<br />
|