Monday, October 30, 2006

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

In Montgomery County, Health care and social assistance, Manufacturing, and the Retail Trade sectors are the largest industries, in terms of total number of jobs in 2005. The Health care and social assistance provides the most jobs and contributes 17.2 percent of all the jobs in the county. This makes up 42,217 people employed. The Manufacturing and Retail Trade industries make up 16.6 and 11.6 percent of the total jobs, respectively.

In Montgomery County, Management of companies and enterprises, Information and Health care and social assistance industries have the highest United States location quotient (LQ). The Management of companies and enterprises industry has a US LQ in the county of 1.45. In other words, the percent of total jobs in the Management of companies and enterprises industry is 1.45 times the percent of the national average, This signifies that Montgomery may be an exporter of products or services of Management of companies and enterprises.

Manufacturing saw the largest loss of employment between the years 2001-2005 in Montgomery County. The sector faced a loss of 11,226 total jobs during the period, accounting for 21.5 percent of jobs in the industry. The losses in this industry made up 45.9 percent of the total loss in employment during the period.

Utilities has the largest businesses in Montgomery County, averaging 78 workers per each place of employment, being greater than the industry's national average of 34 and greater than the Ohio average establishment size of 37 for the Utilities industry.

Management of companies and enterprises in the period of 2001 to 2005 had the largest increase in employment in Montgomery County, with an industry growth of 54.6 percent. This is greater than the national sector change of 1.6 percent. The State of Ohio went through a industry job change of 22.5 percent, from 2001 to 2005.







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

 

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