Laserfiche WebLink
ANOKA COUNTY HOUSING STUDY DEMOGRAPHIC ANALYSIS <br />Table A-22: Resident Employment Trends <br />• While Table A-21 showed that there were 124,790 jobs in Anoka County in 2010, Table A- <br />22 shows that there were about 178,300 employed people in the County in 2010.. <br />• Between 2000 and 2009, the size of the labor force in Anoka County increased by 13,540 <br />people while total employment increased by only 1,890 jobs. As a result, the unemployment <br />rate increased from 2.7% in 2000 to 8.5% in 2009, which was the highest annual rate of <br />unemployment last decade. <br />200,000 <br />195,000 <br />„ 190,000 <br />a 185,000 <br />• 180,000 <br />at <br />1 175,000 <br />Z 170,000 <br />165,000 <br />160,000 <br />Resident Employment <br />Anoka County, 2000 to 2010 <br />00 01 Off' O� OI O� O(O O^ Oq' O°) ** <br />rO cO �O rO rO cO rO �O �O cL �0A <br />Labor Force <br />—0— Unemployment Rate <br />4% g. <br />3% = <br />2% <br />1% <br />0% <br />• The unemployment rates in Anoka County have been similar to the State and slightly better <br />than the Nation. The rate of unemployment dropped from 8.5% in 2009 to 7.6% in 2010 in <br />the County and from 8.0% to 7.2% in the State; however, unemployment for the Nation <br />inched up from 9.3% to 9.8% over the same time period. <br />• It may take several years for the economy, both locally and nationally, to recover from the <br />recent recession. Until the employment situation stabilizes, demand for new housing may go <br />partially unrealized. <br />Table A-23: Covered Emnlovment Trends <br />• As presented in Table A-23, covered employment data is calculated as an annual average and <br />reveals the number of jobs in the County that are covered by unemployment insurance. Most <br />farm jobs, self-employed people, and some other types of jobs are not covered by <br />unemployment insurance and are not included in the table. <br />MAXFIELD RESEARCH INC. 14 <br />