Sunday, February 11, 2007

Canton-Massillon Five-Year Industry Employment Change

In the Canton-Massillon, OH metro area, the total number of workers for all sectors has decreased by 12,947 jobs from mid-2001 to mid-2006.

Total Five-Year Employment Growth in the Canton-Massillon Metro Area

The Full-service restaurants industry has grown the most with 1,046 employees finding new jobs in the industry. The employment growth in the Full-service restaurants industry makes up 18.9 percent of the total growth in Canton-Massillon.

Top 5 Industries
1. Full-service restaurants (1,046 new jobs)
2. Limited-service eating places (1,046 new jobs)
3. Nondepository credit intermediation (901 new jobs)
4. Offices of other health practitioners (383 new jobs)
5. Specialized freight trucking (330 new jobs)

Given the 64 industries with industry data reported by the BLS in each quarter, 33 described an expansion of jobs throughout the time period, while 31 industries reported a drop in employment.

Total Five-Year Employment Decline in the Canton-Massillon Metro Area

Given the industries in the area, the Foundries industry experienced most substantial job loss, losing 1,649 jobs. The declines in the Foundries industry make up 23.8 percent of the employment lost during the period in Canton-Massillon, OH.

Top 5 Industries
1. Foundries (1,649 jobs lost)
2. Steel product mfg. from purchased steel (681 jobs lost)
3. Grocery and Related Product Wholesalers (633 jobs lost)
4. Nursing care facilities (395 jobs lost)
5. Commercial equip. merchant wholesalers (335 jobs lost)

Employment for all industries has decreased by 8 percent from 2001 (2nd Quarter). These figures are greater than growth in the State of Ohio, which went through a loss of 2.8 percent since the 2nd Quarter of 2001. The losses felt were greater than than the gain reported at the US level of 2.6 percent.

The Canton-Massillon Metro Area: Five-Year Percentage Growth in Employment

The Medical and diagnostic laboratories industry has seen the largest percentage job growth, expanding by 350.0 percent from the 2001 (Q2) to the 2006 (Q2). This industry in Canton-Massillon has expanded faster than the growth seen in the industry for Ohio, where it saw a gain of 46.2 percent. The Medical and diagnostic laboratories industry in Canton-Massillon outpaced the United States, which experienced a gained 20.3 percent.

Top 5 Industries
1. Medical and diagnostic laboratories (350.0 percent gain)
2. Nondepository credit intermediation (253.5 percent gain)
3. Specialized freight trucking (96.2 percent gain)
4. Offices of other health practitioners (56.3 percent gain)
5. Highway, street, and bridge construction (51.1 percent gain)

The Canton-Massillon Metro Area: Five-Year Percentage Decline in Employment

The Unclassified industry has lost the largest amount of employment in terms of percentage, losing 86.1 percent of the jobs from the 2nd quarter of 2001 to 2nd quarter of 2006. The losses of the area have declined faster than the industry sector has gone through in the Ohio, where the industry sector experienced a loss of 54.4 percent. The losses in the Unclassified industry in Canton-Massillon outpaced the US in terms of percent of decline of industry employment. The US gained 1.7 percent in terms of employees in the Unclassified industry.

Top 5 Industries
1. Unclassified (86.1 percent decline)
2. Scientific research and development services (84.9 percent decline)
3. Taxi and limousine service (66 percent decline)
4. Foundries (63.5 percent decline)
5. Grantmaking and giving services (63.1 percent decline)

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