Franklin County One-Year Industry Employment Change

In Franklin County, Ohio, the aggregate employment for all industry sectors has increased by 1,406 jobs between mid-2005 and mid-2006.

Total One-Year Employment Growth in Franklin County

Out of the 4-digit NAICS industries, the Warehousing and storage industry has accounted the most employment growth with a total of 3,245 jobs added during the time period. These new jobs in the Warehousing and storage industry makes up 18.2 percent of the total growth in Franklin County.

Top 5 Industries
1. Warehousing and storage (3,245 new jobs)
2. Grocery stores (1,773 new jobs)
3. Activities related to credit intermediation (1,754 new jobs)
4. Employment services (809 new jobs)
5. Insurance carriers (534 new jobs)

Of the 208 4-digit NAICS industries, 105 described an expansion of jobs throughout the time period, while 102 industries reported a drop in employment.

Total One-Year Employment Decline in Franklin County

Given the industries in the area, the Clothing stores industry has lost the most employment with a total loss of 1,496 jobs in that time period. The declines in the Clothing stores industry make up 9.1 percent of the jobs lost during the period in Franklin County, Ohio.

Top 5 Industries
1. Clothing stores (1,496 jobs lost)
2. Depository credit intermediation (1,347 jobs lost)
3. Department stores (1,316 jobs lost)
4. Electronic shopping and mail-order houses (1,272 jobs lost)
5. Other general merchandise stores (816 jobs lost)

Franklin County One-Year Percentage Growth in Employment

The Educational support services industry has gone through the largest job growth by percent, increasing by 113.2 percent from the 2nd quarter of 2005 to the 2nd quarter of 2006. This industry sector in Franklin County has added employment faster than the industry has grown in the State of Ohio, where the industry took a gain of 34.1 percent. The Educational support services industry in Franklin County outpaced the US in terms of percent growth of industry employment. During this period, the US gained 11.1 percent.

Top 5 Industries
1. Educational support services (113.2 percent gain)
2. Specialized design services (47.2 percent gain)
3. Unclassified (41.9 percent gain)
4. Activities related to credit intermediation (38.9 percent gain)
5. Sound recording industries (38.0 percent gain)

Franklin County One-Year Percentage Decline in Employment

The Motor vehicle body and trailer manufacturing industry has lost the largest amount of employment in terms of percentage, losing 29.9 percent of the jobs from 2005 to 2006. These have declined faster than the industry sector has gone through in the Ohio, where the it saw a gain of 3.4 percent. The losses in the Motor vehicle body and trailer manufacturing industry in Franklin County outpaced the US in terms of percent of decline of industry employment. The US gained 4.9 percent in terms of employment in the Motor vehicle body and trailer manufacturing industry.

Top 5 Industries
1. Motor vehicle body and trailer manufacturing (29.9 percent decline)
2. Book, periodical, and music stores (24.9 percent decline)
3. Cement and concrete product manufacturing (21.4 percent decline)
4. Chemical merchant wholesalers (19.5 percent decline)
5. Electronic shopping and mail-order houses (18.4 percent decline)

Total industry employment has increased by 0.2 percent from 2005 (2nd Quarter). These figures are less than percent in Ohio, which experienced a gain of 0.4 percent from the 2nd Quarter of 2005. The gains in the area were less than than the gain reported at the US level of 2.0 percent.





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.

Income and Poverty in Franklin County, Ohio

The households that were headed by an American Indian and Alaska Native individual in Franklin County had a median income of $34,895, this was 30.2 percent less than the median income level in this area. The Asian headed households reported median household incomes of $52,030. This median is 4.1 percent greater than the reported median for all households in the area. Hispanic households in Franklin County, Ohio reported a median household income of $39,970, this median is 20.1 percent less than reported value of the areas total household median income for all households. In Franklin County, Ohio White headed households reported household income (in 2005 Dollars) of $54,893 according to the Decennial Census of 2000, which was 9.8 percent greater than the median household income in 2000. Black or African American headed households had median income levels that were 30.8 percent less than the overall reported level in 2000, with a reported median of $34,623.

Compared to other counties (and parishes) throughout the nation, Franklin County reported a relatively high household income of $49,999 (2005 Dollars). This median is 4.2 percent higher than the median in Ohio of $47,919 and the median household income is 1.7 percent higher than the median household income level in the US of $49,133.

The rate of poverty in Franklin County, Ohio has increased by 2.9 percent from the rates reported in the Decennial Census, moving from 11.6 percent to 14.5 percent.

As the median household income witnessed a decline from 2000 to 2005 in Franklin County, Ohio, the Race/Ethnicity group that went through the most dramatic decline in median household income was the Hispanic Race/Ethnicity category. This group experienced a decline of 10.5 percent from 2000 to 2005. The Asian population group was least impacted by the household income decline in Franklin County, undergoing a 4.3 percent decline in household income, since the reported levels in 2000.

The median household income in the area has declined from the 2000 values (inflation adjusted). The median income has decreased to $45,410, representing a 9.2 percent decline. Franklin County, Ohio, when analyzing percentage of decline, ranks 23 of 38 counties in percent of decline for the household income level in the State of Ohio. Franklin County ranks 270 of 668 counties (or parishes) in terms of the decline in median household income in the United States.

Evaluated with other counties (or parishes) across the nation, Franklin County, Ohio may be understood as having a medium-low rate of poverty among the people, accounting a rate of 11.6 percent with a family income under the 1999 poverty level. The Black or African American race/ethnicity demographic category, owns the foremost rate of poverty with 22.9 percent of the 2000 residents living in poverty. People aged Under 5 years are witness to the most percent living in poverty in Franklin County, reporting 16.4 percent of this age cohort living in poverty.

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