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.

Thursday, January 11, 2007

Income and Poverty in Cleveland-Elyria-Mentor, OH

When compared to other Metro Areas across the United States, the Cleveland-Elyria-Mentor metro area can be considered to have a medium-low poverty rate amongst the population, with a poverty rate of 11.7 percent of the individuals existing in families with incomes under the poverty level in 1999. The Black or African American race/ethnicity demographic group, represents the largest rate of poverty with 22.4 percent of the people in 2000 living in poverty. The population that is aged 5 years are witness to the most percent living in poverty in Cleveland-Elyria-Mentor, reporting 16.8 percent of this age group in the area living in poverty.

While the median household income saw a growth in the last five year in the Cleveland-Elyria-Mentor, OH metro area, the Race/Ethnicity category that felt the biggest growth in the household income level was the category. This category saw an of . percent since the year 2000. The population group was least impacted by the household income growth in Cleveland-Elyria-Mentor, undergoing a . percent in median household income from 2000 to 2005.

When compared to other Metro Areas throughout the United States, the Cleveland-Elyria-Mentor metro area accounted a medium-low median household income of $42,486 (2005 Dollars). This median is 12.8 percent lower than the median in State of Ohio of $47,919 and the income level is 15.6 percent lower than the median in the US, which is $49,133.

Black or African American headed households had a median household income that was 23.3 percent less than the total 2000 reported median, with a their median reported to be $32,588. The American Indian and Alaska Native householders in Cleveland-Elyria-Mentor reported an income level of $33,312, this level was 21.6 percent less than the median for all households. Hispanic households in Cleveland-Elyria-Mentor, OH , according to the 2000 census, had a median household income of $38,574, which is 9.2 percent less than the median reported for all households in the area. According to the 2000 Census, the Asian headed households in the area have median household incomes of $38,690. This income level is 8.9 percent less than the reported median for all households in the area. In Cleveland-Elyria-Mentor, OH White headed households reported a median household income (2005 Dollars) of $45,192 as reported by the Decennial Census of 2000, which was 6.4 percent greater than the median income in 2000.

The rate of poverty in the Cleveland-Elyria-Mentor, OH Metro has increased by 2.1 percent from the levels reported in the Decennial Census of 2000, moving from 11.7 percent to 13.8 percent.

The areas median household income has increased from the inflation-adjusted values in 2000. The income level has increased to $44,281, which represents a 4.2 percent growth. The Cleveland-Elyria-Mentor, OH MSA, when comparing total percent of growth, ranks 6 of 7 metro area in percent of growth for household income in Ohio. Cleveland-Elyria-Mentor ranks 178 of 233 metro area when comparing total percent of growth in median income level for the United States.

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

 

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