Wednesday, January 24, 2007

Toledo One-Year Industry Employment Change

The Toledo Metro Area: One-Year Percentage Decline in Employment

The Other fabricated metal product manufacturing industry has lost the largest percent of jobs, losing 48.1 percent from 2005 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry has seen in the Ohio, where the it saw a loss of 2 percent. The losses in the Other fabricated metal product manufacturing industry in Toledo outpaced the US in terms of percent of decline of industry employment. The US gained 0.7 percent in terms of employees in the Other fabricated metal product manufacturing industry.

Top 5 Industries
1. Other fabricated metal product manufacturing (48.1 percent decline)
2. Textile furnishings mills (37.5 percent decline)
3. Sugar and confectionery product manufacturing (24.4 percent decline)
4. Cattle ranching and farming (22.2 percent decline)
5. General rental centers (19.4 percent decline)

Total industry employment has increased by 0.3 percent since the 2nd Quarter of 2005. This is less than percent in the State of Ohio, which saw a gain of 0.4 percent from 2005 (2nd Quarter). The gains were less than than the gain reported at the US level of 2 percent.

The Toledo Metro Area: One-Year Percentage Growth in Employment

The Electronic shopping and mail-order houses industry has gone through the largest job growth by percent, increasing by 65.7 percent from 2005 (2nd quarter) to 2006 (2nd quarter). This industry sector in Toledo has grow faster than the industry has grown in the State of Ohio, where the industry took a loss of 11.5 percent. The Electronic shopping and mail-order houses industry in Toledo outpaced the nation in terms of industry employment growth . During this period, the nation gained 1.4 percent of the industry employment.

Top 5 Industries
1. Electronic shopping and mail-order houses (65.7 percent gain)
2. Other heavy construction (56.5 percent gain)
3. Wireless telecommunications carriers (53.4 percent gain)
4. Vegetable and melon farming (51.2 percent gain)
5. Commercial machinery repair and maintenance (38.5 percent gain)

Total One-Year Employment Growth in the Toledo Metro Area

Of the industries (4-digit NAICS) in the area, the Architectural and engineering services industry has brought the most jobs with a total of 351 total jobs brought in during the period. The growth in the Architectural and engineering services industry makes up 8.3 percent of the total number of new jobs in Toledo.

Top 5 Industries
1. Architectural and engineering services (351 new jobs)
2. Limited-service eating places (259 new jobs)
3. Personal care services (231 new jobs)
4. Department stores (226 new jobs)
5. Child day care services (204 new jobs)

In the Toledo, OH metro area, the total number of workers for all sectors has increased by 744 total jobs between the 2nd Quarter of 2005 and 2nd Quarter of 2006.

Out of the 117 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 52 reported job growth in the duration of the year and 64 industries reported employment loss in the period.

Total One-Year Employment Decline in the Toledo Metro Area

Given the industries in the area, the Motor vehicle parts manufacturing industry witnessed the largest drop in employment, losing a total of 431 jobs in that time period. The declines in the Motor vehicle parts manufacturing industry make up 13.5 percent of the total employment decline in Toledo, OH.

Top 5 Industries
1. Motor vehicle parts manufacturing (431 jobs lost)
2. Building foundation and exterior contractors (288 jobs lost)
3. Elementary and secondary schools (242 jobs lost)
4. Specialized freight trucking (191 jobs lost)
5. Other fabricated metal product manufacturing (173 jobs lost)





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