Agenda - Council - 08/27/2019 - Laserfiche WebLink

Home

EMPLOYMENT TRENDS Covered Employment and Wages by Industry Table E-3 presents covered employment numbers as available for the City of Ramsey from 2008 through 2018. Covered employment data is calculated as an annual average and reveals the number of jobs in the designated area, which are covered by unemployment insurance. Many temporary workforce positions, agricultural, self-employed persons, and some other types of jobs are not covered by unemployment insurance and are not included in the table. Some agri- cultural businesses and employees are listed in Table E-3, but not all positions are included. The data in both tables is sourced from the Minnesota Department of Employment and Economic Development. The following are key trends derived from the employment data: • Between 2000 and 2018, the number of jobs increased in Ramsey by 2,884, an 89% increase in the City. Manufacturing gained the greatest number of jobs (784 jobs) between 2010 and 2018. The Information industry was the only sector to decline, decreasing by 9 jobs be- tween 2010 and 2018. • As of 2018, the Manufacturing sector accounted for the largest share of employment in Ramsey, with 2,370 employees accounting for 39% of employment. Between 2015 and 2018, the Manufacturing sector has grown by 245 employees, an increase of approximately 11%. • The next two largest employment sectors were the Trade, Transportation and Utilities sec- tor, which accounted for 24% of employment in 2018 and the Education and Health Services sector, which accounted for 13% of employment. • Between 2015 and 2018, the Trade, Transportation, and Utilities industry experienced the largest growth in the city, adding 292 employees, a 25% increase. The Professional and Business Services experienced the largest decline, decreasing by 140jobs (27.5%). MAXFIELD RESEARCH AND CONSULTING 36