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Lino Lakes Comprehensive Plan Update Chapter 5: Economic Development 5-4 <br /> $- <br /> $100 <br /> $200 <br /> $300 <br /> $400 <br /> $500 <br /> $600 <br /> $700 <br /> $800 <br /> $900 <br /> $1,000 <br /> - <br /> 500 <br /> 1,000 <br /> 1,500 <br /> 2,000 <br /> 2,500 <br /> 3,000 <br /> 3,500 <br /> 4,000 <br /> 4,500 <br /> 5,000 <br />2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 <br />Figure 5-2. Employment and Wages, 2000 - 2017 <br />Employment Establishments Average Weekly Wage <br />Figure 5�2 Employment and Wages, 2000-2016 <br />A closer look at employment over the last 16 years (2000 – 2016) shows how the <br />number of establishments (businesses or job locations) has fluctuated along with <br />employment and the average weekly wages of Lino Lakes jobs� Table 5-2 and Figure <br />5-2 show the effects of the Great Recession of 2007 to 2012. The number of <br />establishments, employment and even wages decreased in 2008 through 2010. The <br />trend in the last several years shows that employment and wages were starting to grow <br />again and now exceed pre-recession levels� <br />Table 5-2� Lino Lakes Employment and Wages, 2000-2016 <br />Year Employment Establishments Average Weekly Wage <br />2000 2,641 247 $ 661 <br />2001 2,740 251 $ 665 <br />2002 3,103 276 $ 685 <br />2003 3,095 298 $ 695 <br />2004 3,188 324 $ 728 <br />2005 3,868 332 $ 723 <br />2006 4,014 349 $ 764 <br />2007 3,922 347 $ 769 <br />2008 3,672 344 $ 776 <br />2009 3,587 329 $ 712 <br />2010 3,353 317 $ 698 <br />2011 3,440 330 $ 732 <br />2012 3,561 312 $ 758 <br />2013 3,800 315 $ 786 <br />2014 3,946 322 $ 788 <br />2015 4,144 312 $ 811 <br />2016 4,245 325 $ 850 <br />2017 4,321 336 $ 869 <br />Source: Minnesota Department of Employment and Economic Development (DEED), Quarterly Census of <br />Employment & Wages (Annual)