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7.4. EDSR 12-21-2020
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7.4. EDSR 12-21-2020
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12/18/2020 8:35:32 AM
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City Government
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EDSR
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12/21/2020
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<br /> Elk River EDA Strategic Plan | 10 <br />Note that 75% of jobs in Elk River are in just seven industry sectors: <br />• Manufacturing <br />• Retail trade <br />• Educational services <br />• Public administration <br />• Health care and social assistance <br />• Construction <br />• Accommodation and food services <br />These seven industry sectors comprise the core of Elk River’s economy. The five that are <br />distinctively strong relative to other parts of Minnesota are bolded. They comprise 61% of <br />all of its jobs, and include three well paying employment sectors—manufacturing, public <br />administration and construction. <br />Average Wages by Industry, Sherburne County, 2019 <br /> <br />Average <br />Weekly Wage <br />Average <br />Annual Pay <br />Manufacturing $1,157 $60,163 <br />Retail Trade $589 $30,624 <br />Educational Services $489 $25,419 <br />Public Administration $999 $51,964 <br />Health Care and Social Assistance $786 $40,859 <br />Construction $1,237 $64,342 <br />Accommodation and Food Services $299 $15,538 <br />
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