Employment Report for Franklin County, Ohio -- Annual 2005 Industry Summary
In Franklin County, Management of companies and enterprises, Finance and insurance and Transportation and Warehousing are the three industries with the highest location quotients. The Management of companies and enterprises sector in the county has a location quotient of 1.86. This means the percent of total employment in the Management of companies and enterprises industry is 1.86 times the percent of the national average, This signifies that Franklin specializes in Management of companies and enterprises.
Retail Trade saw the largest loss of employment between the years 2001-2005 in Franklin County. The industry lost a total of 14,375 jobs during the period, or 15.4 percent of industry's employment. The industry declines made up 30.8 percent of all county employment losses since 2001.
In Franklin County, Retail Trade, Health care and social assistance, and the Accommodation and food services industries have the largest percent of jobs of all industries. The Retail Trade is the major employer in the county making up 13.9 percent of total employment in the county, making up 79,027 employees. The Health care and social assistance and Accommodation and food services industries total 12.9 and 10 percent of industry employment.
Agriculture, forestry, fishing and hunting is the industry that has grown the most in terms of employment from 2001-2005 in Franklin County, with an employment growth of 33.7 percent. This is greater than the change of total jobs in the industry for the United States of -0.6 percent. The State of Ohio encountered a change in industry employment of -4 percent, in the last 5 years.
Management of companies and enterprises has the largest employers in Franklin County. In the County, the industry averages 88 employees per business. This is greater than the industry's national average of 40 and greater than the Ohio average of 71 for the Management of companies and enterprises industry.
Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW).
In Franklin County, Management of companies and enterprises, Finance and insurance and Transportation and Warehousing are the three industries with the highest location quotients. The Management of companies and enterprises sector in the county has a location quotient of 1.86. This means the percent of total employment in the Management of companies and enterprises industry is 1.86 times the percent of the national average, This signifies that Franklin specializes in Management of companies and enterprises.
Retail Trade saw the largest loss of employment between the years 2001-2005 in Franklin County. The industry lost a total of 14,375 jobs during the period, or 15.4 percent of industry's employment. The industry declines made up 30.8 percent of all county employment losses since 2001.
In Franklin County, Retail Trade, Health care and social assistance, and the Accommodation and food services industries have the largest percent of jobs of all industries. The Retail Trade is the major employer in the county making up 13.9 percent of total employment in the county, making up 79,027 employees. The Health care and social assistance and Accommodation and food services industries total 12.9 and 10 percent of industry employment.
Agriculture, forestry, fishing and hunting is the industry that has grown the most in terms of employment from 2001-2005 in Franklin County, with an employment growth of 33.7 percent. This is greater than the change of total jobs in the industry for the United States of -0.6 percent. The State of Ohio encountered a change in industry employment of -4 percent, in the last 5 years.
Management of companies and enterprises has the largest employers in Franklin County. In the County, the industry averages 88 employees per business. This is greater than the industry's national average of 40 and greater than the Ohio average of 71 for the Management of companies and enterprises industry.
Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW).
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