Monday, October 30, 2006

Employment Report for Fayette County, Ohio -- Annual 2005 Industry Summary

The Manufacturing industry has decreased the most in industries presence in Fayette County since the year 2001. The industry went from accounting for 31.1 percent of employment in 2001 to 25.5 percent in 2005.

In Fayette County, Manufacturing, Retail Trade, and the Accommodation and food services sectors are the largest industries, in terms of total number of jobs in 2005. The Manufacturing is the major employer in the county making up 25.5 percent of total employment in the county, making up 2,376 jobs. The Retail Trade and Accommodation and food services sectors provide 20.8 and 11.6 percent of industry employment.

Manufacturing has a largest number of employee per establishment in Fayette County, averaging 70 employees per business. This is greater than the industry's average at the national level of 39 and greater than the Ohio establishments size average of 45 for the Manufacturing industry.

In Fayette County, Transportation and Warehousing, Manufacturing and Retail Trade industries have the highest United States location quotient (LQ). The Transportation and Warehousing sector in the county has a location quotient of 2.57. The percent of employment in the Transportation and Warehousing sector is 2.57 times greater than the national average, signifying that Fayette County produces more than its local requirement of products and/or services of Transportation and Warehousing.

Transportation and Warehousing is the industry with the largest change in employment since the year 2001 in Fayette County, moving a total of 23.5 percent. This is greater than the rate of employment change across the nation of -1 percent. The State of Ohio had an industry job change of 4.2 percent, in the course of time since 2001.

Manufacturing between the years 2001 and 2005, saw the greatest loss in employment in Fayette County. The industry was hit with a loss of 598 jobs, or 20.1 percent of jobs in the industry. The losses in this industry made up 74.1 percent of the total loss in employment during the period.





Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW).

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