Monday, October 30, 2006

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

Manufacturing has the largest employers in Pike County, averaging 105 jobs per establishment, which is greater than the industry's national average of 39 and greater than the Ohio typical size of 45 for the Manufacturing industry.

Arts, entertainment, and recreation has seen the highest growth in employment from the years 2001-2005 in Pike County, rising by 87.5 percent. This is greater than the change in industry employment in the United States of 4.7 percent. The State of Ohio felt a shift in employment in the industry of -1 percent, in the period of time since 2001.

In Pike County, Manufacturing, Construction and Health care and social assistance industries have the highest United States location quotient (LQ). The Manufacturing sector has a United State LQ of 3.54. The percent of employment in the Manufacturing sector is 3.54 times more than the average percent in the United States, revealing signs that Pike County may specialize, or be an exporter of Manufacturing.

The Manufacturing industry has decreased the most in industries presence in Pike County since the year 2001. The industry went from accounting for 57.1 percent of total employment in 2001 to 45.4 percent in the year 2005.

In Pike County, Manufacturing, Health care and social assistance, and the Retail Trade sectors are the largest industries, in terms of total number of jobs in 2005. The Manufacturing provides the most jobs and contributes 45.4 percent of all jobs throughout the county, totaling 3,559 people employed. The Health care and social assistance and Retail Trade industries make up 12.7 and 12.3 percent of total employment, respectively.

Manufacturing saw the largest loss of employment between the years 2001-2005 in Pike County. The industry was hit with a loss of 1,985 jobs, or 35.8 percent of employment in the sector. These losses made up 87.6 percent of the total loss in employment during the period.

Pike is the County that is ranked 74 of 89 total Counties compared to other Counties in State of Ohio by total number of jobs in 2005. This position has moved up since the year 2001, when it was ranked 66 of 89 Counties.



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

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