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Key Indicators <br />This section presents data about employment trends and forecasts, and about commuting and travel patterns, both of <br />which reflect and influence the city's economic development. Information on some of the other factors affecting the <br />local economy is also found in other plan chapters: for example age, education and income (Chapter 2, Community <br />Background); land use and development (Chapter 3, Land Use); and housing affordability (Chapter 4, Housing.) <br />Employment Trends and Forecasts <br />Table 5-1 and Figure 5-1 illustrate the historic and projected employment numbers since 1970 and through the <br />2040 planning period. Lino Lakes has experienced a very consistent residential and commercial growth rate with <br />approximately one local job for every two households This ratio is consistent with a suburban community that does <br />not have a large or diversified economy, commonly referred to as a "bedroom community". As the community grows, <br />the trendline shows a slight improvement, which would provide more opportunity for residents to work within the <br />community and provide residents with a greater diversity of goods and services. <br />Table 5-1. Lino Lakes Employment Trends and Forecasts <br />1970 <br />1980 <br />1990 <br />2000 <br />2010 <br />2020 <br />2030 <br />2040 <br />C I T Y O F <br />- C E5 <br />Figure 5.1 Lino Lakes Employment Trends and Forecasts <br />7,000 <br />0.70 <br />Employment <br />Households <br />Jobs Per Household <br />430 <br />812 <br />0.53 <br />6,000 <br />0.60 <br />771 <br />1,388 <br />0.56 <br />5,000 <br />0.50 <br />1,229 <br />2,603 <br />0.47 <br />2,671 <br />4,857 <br />0.55 <br />4,000 <br />0.40 <br />3,313 <br />6,174 <br />0.54 <br />4,700 <br />7,300 <br />0.64 <br />3 000 <br />0.30 <br />5,300 <br />9,000 <br />0.59 <br />2,000 <br />0.20 <br />6,000 <br />10,600 <br />0.57 <br />1,000 <br />0.10■ <br />Source: Metropolitan Council <br />- <br />0.00 <br />1970 <br />1980 1990 2000 2010 2020 2030 <br />2040 <br />� Employment —Jobs Per Household <br />DRAFT Jan25-18 <br />Lino Lakes Comprehensive Plan Update <br />for review only Chapter 5: Economic Development 47 <br />