Monday, October 30, 2006

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

In Madison County, Transportation and Warehousing, Manufacturing and Retail Trade industries have the highest United States location quotient (LQ). The Transportation and Warehousing industry has an LQ of 2.36. The level of employment in the Transportation and Warehousing industry is 2.36 times the percent of the national average, This signifies that Madison County produces more than its local requirement of products and/or services of Transportation and Warehousing.

In Madison County, Manufacturing, Retail Trade, and the Health care and social assistance sectors, in terms of total employment, are the largest. Manufacturing is the largest employment industry and makes up 26.9 percent of total employment in the county, making up 2,900 jobs. The Retail Trade and Health care and social assistance industries total 16.5 and 10.6 percent of industry employment.

Arts, entertainment, and recreation is the industry that has grown the most in terms of employment from 2001-2005 in Madison County, growing by 75 percent. This is greater than the industry job change at the national level of 4.7 percent. The State of Ohio faced a industry job change of -1 percent, in the last 5 years.

Health care and social assistance since the year 2001 was faced with the largest loss in employment in Madison County. The sector faced a loss of 626 total jobs during the period, accounting for 35.4 percent of industry's employment. The industry declines made up 47.1 percent of all employment losses in the county.

The Health care and social assistance industry has decreased the most in industries presence in Madison County since 2001, going from making up 17.5 percent of total jobs in the year 2001 to 10.6 percent in the year 2005.

Manufacturing has the largest businesses in Madison County. The industry averages 56 employees per business. This is greater than the industry's national average of 39 and greater than the Ohio establishments size average of 45 for the Manufacturing industry.





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

0 Comments:

Post a Comment

<< Home

 

About - © 2007 Ecanned.com  - Contact