Monday, January 22, 2007

Lorain County One-Year Industry Employment Change

From the 152 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 62 reported job growth in the duration of the year and 87 industries reported employment loss in the period.

Total One-Year Employment Growth in Lorain County

Out of the 4-digit NAICS industries, the Full-service restaurants industry has grown the most with 297 total jobs brought in during the period. The growth in the Full-service restaurants industry makes up 12.8 percent of the total growth in Lorain County.

Top 5 Industries
1. Full-service restaurants (297 new jobs)
2. Management of companies and enterprises (130 new jobs)
3. Machine shops and threaded product mfg. (88 new jobs)
4. Electronics and appliance stores (75 new jobs)
5. Drycleaning and laundry services (72 new jobs)

In Lorain County, Ohio, the entire sum of jobs in all industries overall has decreased by 203 jobs from mid-2005 to mid-2006.

Total One-Year Employment Decline in Lorain County

Given the industries in the area, the Metalworking machinery manufacturing industry has lost the most employment with a total loss of 270 jobs. The declines in the Metalworking machinery manufacturing industry make up 14.9 percent of the total employment decline in Lorain County, Ohio.

Top 5 Industries
1. Metalworking machinery manufacturing (270 jobs lost)
2. Residential building construction (176 jobs lost)
3. Civic and social organizations (148 jobs lost)
4. Limited-service eating places (137 jobs lost)
5. Building equipment contractors (70 jobs lost)

Total industry employment has decreased by 0.2 percent from the reported values in 2005. These values are greater than percent in Ohio, experiencing a gain of 0.4 percent since the 2nd Quarter of 2005. The losses were greater than than the gain felt at the national level of 2.0 percent.

Lorain County One-Year Percentage Growth in Employment

The Specialized design services industry has experienced the largest percentage growth, expanding by 63.9 percent from 2005 (2nd quarter) to 2006 (2nd quarter). This industry sector in Lorain County has expanded faster than the industry job growth experienced in Ohio, where the industry felt a gain of 10.6 percent. The Specialized design services industry in Lorain County outpaced the United States, which experienced a gained 7 percent of the employment in this industry.

Top 5 Industries
1. Specialized design services (63.9 percent gain)
2. Independent artists, writers, and performers (61.9 percent gain)
3. Other schools and instruction (53.4 percent gain)
4. Utility system construction (48.5 percent gain)
5. Other chemical product and preparation mfg. (44.3 percent gain)

Lorain County One-Year Percentage Decline in Employment

The Unclassified industry has lost the largest percent of jobs, losing 58.2 percent from 2005 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry sector has felt in the State of Ohio, where the industry felt a loss of 5.1 percent. The losses in the Unclassified industry in Lorain County outpaced the United States in terms of percentage decline of industry employment. In this period, the United States gained 12.1 in percent of workers in the Unclassified industry.

Top 5 Industries
1. Unclassified (58.2 percent decline)
2. Metalworking machinery manufacturing (46.5 percent decline)
3. Waste collection (39 percent decline)
4. Electronic equipment repair and maintenance (32.2 percent decline)
5. Local messengers and local delivery (31 percent decline)





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.

Wednesday, January 10, 2007

Income and Poverty in Lorain County, Ohio

When put side-by-side with other counties (or parishes) throughout the United States, Lorain County, Ohio can be considered to have a rate of poverty among the people, accounting a rate of 9.0 percent with a family income under the 1999 poverty level. The Black or African American race/ethnicity population cohort, has the uppermost poverty rate with 27.8 percent of the 2000 residents living in poverty. People aged Under 5 years are witness to the most percent living in poverty in Lorain County, accounting 17 percent of this age cohort living in poverty.

The poverty rate in Lorain County, Ohio has increased by 2.7 percent since the 2000 rates, moving from 9 percent to 11.7 percent.

Compared to other counties (and parishes) throughout the nation, Lorain County had a relatively high median household income of $52,699 (2005 Dollars). This median is 9.1 percent higher than the median in Ohio of $47,919 and the median is 6.8 percent higher than the median household income in the United States of $49,133.

As the median income level saw a decline from 2000 to 2005 in Lorain County, Ohio, the Race/Ethnicity category that saw the sharpest decline in median household income was the Hispanic category. This category saw a decline of 35.5 percent from 2000 to 2005. The White Race/Ethnicity group has been least impacted by the median income decline in Lorain County, seeing a 6.6 percent decline in median income, since the values reported in the 2000 Decennial Census.

In Lorain County, Ohio White headed households reported a median household income (2005 Dollars) of $54,819 as reported by the Decennial Census of 2000, which was 4 percent greater than the median household income in 2000. The American Indian and Alaska Native households in Lorain County reported an income level of $36,197, which was 31.3 percent less than the median for all households. Black or African American headed households had a median household income that was 35.2 percent less than the all population median published in the 2000 Census, with a median of $34,165. Hispanic in Lorain County, Ohio recorded a median income of $36,340, which is 31 percent less than the areas median income level for all households. The Asian householders in the area have reported their median household incomes at $62,156. This income level is 17.9 percent greater than the reported median household income, in the area, for all households.

The areas median household income has declined from the values (adjusted for inflation) in 2000. The median has decreased to $47,913, posting a 9.1 percent decline. Lorain County, Ohio, in terms of percentage of decline, ranks 24 of 38 counties in percent of decline for the household income level in the State of Ohio. Lorain County ranks 277 of 668 counties (or parishes) when analyzing the decline 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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