Wednesday, January 24, 2007

Cleveland-Elyria-Mentor One-Year Industry Employment Change

The Cleveland-Elyria-Mentor Metro Area: One-Year Percentage Decline in Employment

The Alumina and aluminum production industry has lost the largest amount of employment in terms of percentage, losing 37.8 percent of the jobs from 2005 to 2006. These have declined faster than the industry has seen in the Ohio, where the industry felt a loss of 9.1 percent. The losses in the Alumina and aluminum production industry in Cleveland-Elyria-Mentor outpaced the US in terms of percent of decline of industry employment. The US gained 0 in percent of jobs in the Alumina and aluminum production industry.

Top 5 Industries
1. Alumina and aluminum production (37.8 percent decline)
2. Nondepository credit intermediation (21.6 percent decline)
3. Commercial and service industry machinery (17.5 percent decline)
4. Beverage manufacturing (16.9 percent decline)
5. Book, periodical, and music stores (16.6 percent decline)

The total number of jobs has increased by 0.6 percent since the 2nd Quarter figures of 2005. This change is greater than growth in Ohio, which saw a gain of 0.4 percent from 2005 (2nd Quarter). The gains were less than than the gain experienced overall in the US of 2 percent.

The Cleveland-Elyria-Mentor Metro Area: One-Year Percentage Growth in Employment

The Cutlery and handtool manufacturing industry has gone through the largest job growth by percent, increasing by 24.3 percent from 2005 to 2006. This industry in Cleveland-Elyria-Mentor has increased employment faster than the growth seen in the industry for Ohio, where it saw a gain of 2.2 percent. The Cutlery and handtool manufacturing industry in Cleveland-Elyria-Mentor outpaced the national average, which felt a lost 3.4 percent of the employment in this industry.

Top 5 Industries
1. Cutlery and handtool manufacturing (24.3 percent gain)
2. Commercial machinery repair and maintenance (23.2 percent gain)
3. Telecommunications resellers (19.6 percent gain)
4. Other nonmetallic mineral products (17.5 percent gain)
5. Alcoholic beverage merchant wholesalers (16.3 percent gain)

Total One-Year Employment Decline in the Cleveland-Elyria-Mentor Metro Area

Given the industries in the area, the Nondepository credit intermediation industry experienced most substantial job loss, losing 1,696 jobs during the time period. The jobs lost in the Nondepository credit intermediation industry make up 13.1 percent of the total employment decline in Cleveland-Elyria-Mentor, OH.

Top 5 Industries
1. Nondepository credit intermediation (1,696 jobs lost)
2. Motor vehicle parts manufacturing (880 jobs lost)
3. Colleges and universities (823 jobs lost)
4. Office supplies, stationery, and gift stores (678 jobs lost)
5. Depository credit intermediation (644 jobs lost)

Given the 172 industries with industry data reported by the BLS in each quarter, 83 accounted an for increase in employment during the period and 88 industry sectors reported declines during the time period.

In the Cleveland-Elyria-Mentor, OH metro area, the entire sum of jobs in all of the industries has increased by 5,587 jobs between mid-2005 and mid-2006.

Total One-Year Employment Growth in the Cleveland-Elyria-Mentor Metro Area

The Full-service restaurants industry has added the most employment with 1,473 new jobs created in the period. The job growth in the Full-service restaurants industry makes up 8.8 percent of the total number of new jobs in Cleveland-Elyria-Mentor.

Top 5 Industries
1. Full-service restaurants (1,473 new jobs)
2. General medical and surgical hospitals (1,381 new jobs)
3. Management of companies and enterprises (1,293 new jobs)
4. Management and technical consulting services (632 new jobs)
5. Offices of other health practitioners (527 new jobs)





About: This report is part 1 of 6 in the eCanned.com Industry Analysis Series.

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

0 Comments:

Post a Comment

<< Home

 

About - © 2007 Ecanned.com  - Contact