Monday, January 22, 2007

Stark County One-Year Industry Employment Change

Total industry employment has decreased by 2.9 percent from the reported values in 2005. These values are greater than percent in Ohio, which saw a gain of 0.4 percent since the 2nd Quarter of 2005. The losses the area experienced were greater than than the gain experienced overall in the US of 2.0 percent.

Stark County One-Year Percentage Decline in Employment

The Clay product and refractory manufacturing industry has lost the largest percent of jobs, losing 50.8 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 2.1 percent. The losses in the Clay product and refractory manufacturing industry in Stark County outpaced the US in terms of percent of decline of industry employment. The US lost 2.8 in percent of jobs in the Clay product and refractory manufacturing industry.

Top 5 Industries
1. Clay product and refractory manufacturing (50.8 percent decline)
2. Investigation and security services (46.1 percent decline)
3. Electronic markets and agents and brokers (43 percent decline)
4. Business, computer and management training (38.8 percent decline)
5. Other support services (34.1 percent decline)

Stark County One-Year Percentage Growth in Employment

The Nondepository credit intermediation industry has seen the largest percentage job growth, expanding by 262.3 percent from the 2005 (Q2) to the 2006 (Q2). This industry in Stark County has increased employment faster than the growth seen in the industry for Ohio, where it saw a loss of 1.4 percent. The Nondepository credit intermediation industry in Stark County outpaced the United States, which experienced a gained 2 percent in this industry.

Top 5 Industries
1. Nondepository credit intermediation (262.3 percent gain)
2. Warehousing and storage (225.0 percent gain)
3. Alumina and aluminum production (73.4 percent gain)
4. Wireless telecommunications carriers (69.1 percent gain)
5. Social advocacy organizations (56.9 percent gain)

In Stark County, Ohio, the total number of workers for all sectors has decreased by 4,343 jobs between mid-2005 and mid-2006.

Out of the 177 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 106 showed an escalation in the number employed, while 70 industries reported employment loss in the period.

Total One-Year Employment Decline in Stark County

From of the area's 4-digit NAICS industries, the Clay product and refractory manufacturing industry experienced most substantial job loss, losing 565 jobs during the time period. The jobs lost in the Clay product and refractory manufacturing industry make up 7.2 percent of the total employment decline in Stark County, Ohio.

Top 5 Industries
1. Clay product and refractory manufacturing (565 jobs lost)
2. Grocery stores (504 jobs lost)
3. Investigation and security services (472 jobs lost)
4. Other general merchandise stores (441 jobs lost)
5. Building foundation and exterior contractors (409 jobs lost)

Total One-Year Employment Growth in Stark County

The Nondepository credit intermediation industry has added the most employment with 909 total jobs brought in during the period. The growth in the Nondepository credit intermediation industry makes up 23.1 percent of the growth in Stark County.

Top 5 Industries
1. Nondepository credit intermediation (909 new jobs)
2. Home health care services (463 new jobs)
3. Warehousing and storage (379 new jobs)
4. Individual and family services (160 new jobs)
5. Health and personal care stores (141 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.

Wednesday, January 10, 2007

Income and Poverty in Stark County, Ohio

Compared to counties across the United States, Stark County had a relatively high median income for households of $46,594 (Adjusted to 2005 Dollars). This figure is 2.8 percent lower than the household income median in State of Ohio of $47,919 and the median household income is 5.4 percent lower than the median for the rest of the nation, which is a reported $49,133.

Hispanic households in Stark County, Ohio , as reported in 2000, had a median household income of $39,589, this median household income is 15 percent less than the median reported for all households in the area. The American Indian and Alaska Native headed households in Stark County reported an income level of $26,007, which was 44.2 percent less than the median for all households. In Stark County, Ohio White householders had a median household income (in 2005 Dollars) of $48,044 as reported in 2000 by the census, which was 3.1 percent greater than the median income in 2000. Black or African American householders reported a median household income that was 40.4 percent less than the overall reported level in 2000, with a reported median of $27,772. The Asian headed households reported median household incomes of $58,604. This household income level is 25.8 percent greater than the reported median household income for all households in the area.

As the median household income witnessed a decline since 2000 in Stark County, Ohio, the Race/Ethnicity group that went through the most dramatic decline in household income was the Black or African American category. This group felt a decline of 23.8 percent since 2000. The Asian population category was least influenced by the median household income decline in Stark County, encountering a 15.4 percent increase in household income, since the reported levels in 2000.

Contrasted against to other counties (or parishes) throughout the US, Stark County, Ohio can be recognized as having a poverty rate amid the residents with a poverty rate of 9.2 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 28 percent of the 2000 residents living in poverty. People aged Under 5 years have the largest percent of population in poverty in Stark County, reporting 17.5 percent of this demographic group living with incomes under poverty.

The median household income has declined from the inflation-adjusted 2000 income levels. The income level has decreased to $42,303, which amounts to a 9.2 percent decline. Stark County, Ohio, when analyzing percentage of decline, ranks 22 of 38 counties in percent of decline for the household income level in the State of Ohio. Stark County ranks 268 of 668 counties (or parishes) when comparing the decline in median income in the US.

The rate of poverty in Stark County, Ohio has increased by 2.8 percent from the rates reported in the Decennial Census, moving from 9.2 percent to 12 percent.

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

 

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