2. CCSR-HRSR 09-04-2012 SPEC JOINT

Home Browse Search

EMPLOYMENT ANALYSIS Financial Services both increased as well but by only 23 jobs (36%) and 18 jobs (5%), respectively. • Of the 11 industry sectors in Elk River, five of those experienced a loss in covered jobs over the decade. The Construction industry lost the most jobs during the decade, declining by 113 jobs (-21%), followed by the Information sector with a loss 55 jobs (-51%), and the Leisure and Hospitality sector losing 36 jobs (-4%). Covered Employment Trends Elk River 2000 through 2011 12,000 - 11,000 11,216 a v 10,769 10,679 10,000 - 0,421 w Z 9,000 - 8,867 8,000 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 Year TABLE E-2 COVERED EMPLOYMENT TRENDS ELK RIVER 2000,2005,2010-2011 North American Industrial Classification System(NAICS) Change jl Average Number of Employees 2000-2011 %of total Industry 2000 2005 2010 2011 No. Pct. 2000 2005 2010 2011 Natural Resources&Mining 64 139 91 87 23 35.9 0.7% 1.3% 0.8% 0.8% Construction 544 754 389 431 -113 -20.8 6.1% 7.3% 3.6% 3.8% Manufacturing 1,202 1,073 1,243 1,304 102 8.5 13.6% 10.4% 11.4% 11.6% Trade,Transportation,and Utilities 2,470 3,004 2,602 2,725 255 10.3 27.9% 29.2% 23.8% 24.3% Information 108 63 55 53 -55 -50.9 1.2% 0.6% 0.5% 0.5% Financial Services 373 476 394 391 18 4.8 4.2% 4.6% 3.6% 3.5% Professional and Business Services 900 735 881 883 -17 -1.9 10.1% 7.1% 8.0% 7.9% Education and Health Services 1,367 1,802 3,031 3,119 1,752 128.2 15.4% 17.5% 27.7% 27.8% Leisure and Hospitality 889 1,102 842 853 -36 -4.0 10.0% 10.7% 7.7% 7.6% Other Services 380 424 543 516 136 35.8 4.3% 4.1% 5.0% 4.6% Public Administration 570 726 875 854 284 49.8 6.4% 7.0% 8.0% 7.6% Totals 8,867 10,298 10,946 11,216 2,349 26.5 ' 100% 100% 100% 100% Source: Minnesota Workforce Center MAXFIELD RESEARCH INC. 29