Employment Report for Miami County, Ohio -- Annual 2005 Industry Summary
Finance and insurance is the industry that has grown the most in terms of employment from 2001-2005 in Miami County, growing by 22 percent. This is greater than the change of total jobs in the industry for the United States of 4.8 percent. The State of Ohio experienced a sector employment shift of 2 percent, from 2001 to 2005.
In Miami County, Manufacturing, Retail Trade, and the Health care and social assistance industries are the largest employment industries. The Manufacturing produces the largest number of jobs in the area accounting for 28.5 percent of all jobs throughout the county, totaling 10,244 individuals. The Retail Trade and Health care and social assistance sectors provide 16.1 and 12.1 percent of the total jobs, respectively.
In Miami County, Manufacturing, Retail Trade and Wholesale trade are the three industries with the highest location quotients. The Manufacturing sector has a United State LQ of 2.22. The level of employment in the Manufacturing sector is 2.22 times greater than the national average, signifying that Miami County produces more than its local requirement of products and/or services of Manufacturing.
The Manufacturing has seen the largest decrease in industry presence in Miami County, since the year 2001, moving from making up 33.9 percent of total employment for the year 2001 to 28.5 percent in the year 2005.
Miami County is ranked at 26 of 89 total Counties throughout Ohio according to the relatively size of the employment base in the year 2005. This ranking has moved up from the year 2001, at which time the County was ranked 24 of 89 Counties.
Manufacturing has the largest businesses in Miami County. The industry averages 41 workers per each place of employment, being greater than the US industry average of 39 and less than the Ohio average establishment size of 45 for the Manufacturing industry.
Manufacturing since the year 2001 was faced with the largest loss in employment in Miami County. The sector faced a loss of 2,865 employees during the period, or 21.9 percent of the employment in the industry. This made up a total of 81.2 percent of all employment losses in the county.
Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW).
Finance and insurance is the industry that has grown the most in terms of employment from 2001-2005 in Miami County, growing by 22 percent. This is greater than the change of total jobs in the industry for the United States of 4.8 percent. The State of Ohio experienced a sector employment shift of 2 percent, from 2001 to 2005.
In Miami County, Manufacturing, Retail Trade, and the Health care and social assistance industries are the largest employment industries. The Manufacturing produces the largest number of jobs in the area accounting for 28.5 percent of all jobs throughout the county, totaling 10,244 individuals. The Retail Trade and Health care and social assistance sectors provide 16.1 and 12.1 percent of the total jobs, respectively.
In Miami County, Manufacturing, Retail Trade and Wholesale trade are the three industries with the highest location quotients. The Manufacturing sector has a United State LQ of 2.22. The level of employment in the Manufacturing sector is 2.22 times greater than the national average, signifying that Miami County produces more than its local requirement of products and/or services of Manufacturing.
The Manufacturing has seen the largest decrease in industry presence in Miami County, since the year 2001, moving from making up 33.9 percent of total employment for the year 2001 to 28.5 percent in the year 2005.
Miami County is ranked at 26 of 89 total Counties throughout Ohio according to the relatively size of the employment base in the year 2005. This ranking has moved up from the year 2001, at which time the County was ranked 24 of 89 Counties.
Manufacturing has the largest businesses in Miami County. The industry averages 41 workers per each place of employment, being greater than the US industry average of 39 and less than the Ohio average establishment size of 45 for the Manufacturing industry.
Manufacturing since the year 2001 was faced with the largest loss in employment in Miami County. The sector faced a loss of 2,865 employees during the period, or 21.9 percent of the employment in the industry. This made up a total of 81.2 percent of all employment losses in the county.
Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW).
