Wednesday, January 24, 2007

Cincinnati-Middletown One-Year Industry Employment Change

The Cincinnati-Middletown Metro Area: One-Year Percentage Growth in Employment

The Independent artists, writers, and performers industry has experienced the largest percentage growth, expanding by 27.3 percent from the 2nd quarter of 2005 to the 2nd quarter of 2006. This industry sector in Cincinnati-Middletown has grow faster than the industry job growth experienced in Ohio, where the industry felt a loss of 2.4 percent. The Independent artists, writers, and performers industry in Cincinnati-Middletown outpaced the US in terms of percent growth of industry employment. During this period, the US gained 9.5 percent.

Top 5 Industries
1. Independent artists, writers, and performers (27.3 percent gain)
2. Turbine and power transmission equipment mfg. (24.8 percent gain)
3. Sugar and confectionery product manufacturing (16.9 percent gain)
4. Plywood and engineered wood product mfg. (16.6 percent gain)
5. Support activities for mining (16.4 percent gain)

The Cincinnati-Middletown Metro Area: One-Year Percentage Decline in Employment

The Other support activities for transportation industry has lost the biggest percent of jobs, losing 46.8 percent from 2005 (Q2) to 2006 (Q2). 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 4.1 percent. The losses in the Other support activities for transportation industry in Cincinnati-Middletown outpaced the United States in terms of percentage decline of industry employment. In this period, the United States lost 2.6 in percent of workers in the Other support activities for transportation industry.

Top 5 Industries
1. Other support activities for transportation (46.8 percent decline)
2. Other furniture related product manufacturing (46.3 percent decline)
3. Commercial and service industry machinery (43.8 percent decline)
4. Other information services (38.4 percent decline)
5. Other textile product mills (28 percent decline)

Total industry employment has increased by 0.4 percent since the 2nd Quarter of 2005. This is less than percent in Ohio, which experienced a gain of 0.4 percent since 2005 ( 2nd Quarter). The gains felt were less than than the gain felt at the national level of 2 percent.

Total One-Year Employment Growth in the Cincinnati-Middletown Metro Area

Of the industries (4-digit NAICS) in the area, the General medical and surgical hospitals industry has accounted the most employment growth with a total of 1,016 employees finding new jobs in the industry. The employment growth in the General medical and surgical hospitals industry makes up 6.1 percent of the growth in Cincinnati-Middletown.

Top 5 Industries
1. General medical and surgical hospitals (1,016 new jobs)
2. Aerospace product and parts manufacturing (968 new jobs)
3. Employment services (768 new jobs)
4. Building equipment contractors (766 new jobs)
5. Motor vehicle parts manufacturing (754 new jobs)

Total One-Year Employment Decline in the Cincinnati-Middletown Metro Area

Of the area's industries (4-digit NAICS), the Scheduled air transportation industry has lost the most employment with a total loss of 1,625 jobs during the period. The employment lost in the Scheduled air transportation industry make up 11.7 percent of the jobs lost during the period in Cincinnati-Middletown, OH-KY-IN.

Top 5 Industries
1. Scheduled air transportation (1,625 jobs lost)
2. Couriers (1,189 jobs lost)
3. Limited-service eating places (822 jobs lost)
4. Plastics product manufacturing (630 jobs lost)
5. Commercial and service industry machinery (590 jobs lost)

In the Cincinnati-Middletown, OH-KY-IN metro area, the aggregate employment for all industry sectors has increased by 3,298 total jobs between the 2nd Quarter of 2005 and 2nd Quarter of 2006.

Of the 208 industries with industry data reported by the BLS in each quarter, 104 showed an escalation in the number employed, while 103 industries reported employment loss in the period.





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.

Thursday, January 11, 2007

Income and Poverty in Cincinnati-Middletown, OH-KY-IN

As the median income level saw a decline during the period of 2000 to 2005 in the Cincinnati-Middletown, OH-KY-IN metro area, the Race/Ethnicity category that felt the biggest decline in the household income level was the Hispanic category. This group felt a decline of 32.3 percent since 2000. The American Indian and Alaska Native population category was least influenced by the median household income decline in Cincinnati-Middletown, experiencing a 93.5 percent increase in median household income from 2000 to 2005.

The poverty rate in the Cincinnati-Middletown, OH-KY-IN Metro has increased by 2.1 percent from the levels reported in the Decennial Census of 2000, moving from 9.5 percent to 11.6 percent.

The areas median household income has declined from the 2000 values (inflation adjusted). The median income has decreased to $48,144, which represents a 8.4 percent decline. The Cincinnati-Middletown, OH-KY-IN MSA, when comparing total percent of decline, ranks 6 of 7 metro area in percent of decline for the household income level in the State of Ohio. Cincinnati-Middletown ranks 111 of 233 metro area when comparing the decline in median household income in the United States.

In Cincinnati-Middletown, OH-KY-IN White householders had a median household income (in 2005 Dollars) of $55,831 as reported in 2000 by the census, which was 6.2 percent greater than the median in the year 2000. According to the 2000 Census, the Asian headed households in the area have median household incomes of $65,245. This median is 24.2 percent greater than the reported median for all households in the area. Hispanic in Cincinnati-Middletown, OH-KY-IN , according to the 2000 census, had a median household income of $44,785, this median is 14.8 percent less than reported value of the areas total household median income for all households. Black or African American householders reported household income levels that were 42.4 percent less than the overall median reported in 2000, with a reported median of $30,254. The American Indian and Alaska Native headed households in Cincinnati-Middletown reported a median household income of $38,652, which was 26.4 percent less than the median level for total households in the area.

When analyzed against other Metropolitan Statistical Areas in the US, the Cincinnati-Middletown metro area had a relatively high median household income of $52,549 (Adjusted to 2005 Dollars). This figure is 8.8 percent higher than the household income median in State of Ohio of $47,919 and the median household income is 6.5 percent higher than the median household income in the United States of $49,133.

Evaluated with other MSAs across the nation, the Cincinnati-Middletown metro area can be considered to have a rate of poverty among the people, accounting a rate of 9.5 percent of the population with family incomes below the 1999 poverty level. The Black or African American race/ethnicity population cohort, has the uppermost poverty rate with 27.2 percent of the people in 2000 living in poverty. The population that is aged Under 5 years have the largest percent of population in poverty in Cincinnati-Middletown, reporting 15.1 percent of the population in this age category living in poverty.

Datasource: U.S. Bureau of the Census. 2000 Decennial Census. 2005 American Community Survey.

 

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