Toledo One-Year Industry Employment Change

The Toledo Metro Area: One-Year Percentage Decline in Employment

The Other fabricated metal product manufacturing industry has lost the largest percent of jobs, losing 48.1 percent from 2005 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry has seen in the Ohio, where the it saw a loss of 2 percent. The losses in the Other fabricated metal product manufacturing industry in Toledo outpaced the US in terms of percent of decline of industry employment. The US gained 0.7 percent in terms of employees in the Other fabricated metal product manufacturing industry.

Top 5 Industries
1. Other fabricated metal product manufacturing (48.1 percent decline)
2. Textile furnishings mills (37.5 percent decline)
3. Sugar and confectionery product manufacturing (24.4 percent decline)
4. Cattle ranching and farming (22.2 percent decline)
5. General rental centers (19.4 percent decline)

Total industry employment has increased by 0.3 percent since the 2nd Quarter of 2005. This is less than percent in the State of Ohio, which saw a gain of 0.4 percent from 2005 (2nd Quarter). The gains were less than than the gain reported at the US level of 2 percent.

The Toledo Metro Area: One-Year Percentage Growth in Employment

The Electronic shopping and mail-order houses industry has gone through the largest job growth by percent, increasing by 65.7 percent from 2005 (2nd quarter) to 2006 (2nd quarter). This industry sector in Toledo has grow faster than the industry has grown in the State of Ohio, where the industry took a loss of 11.5 percent. The Electronic shopping and mail-order houses industry in Toledo outpaced the nation in terms of industry employment growth . During this period, the nation gained 1.4 percent of the industry employment.

Top 5 Industries
1. Electronic shopping and mail-order houses (65.7 percent gain)
2. Other heavy construction (56.5 percent gain)
3. Wireless telecommunications carriers (53.4 percent gain)
4. Vegetable and melon farming (51.2 percent gain)
5. Commercial machinery repair and maintenance (38.5 percent gain)

Total One-Year Employment Growth in the Toledo Metro Area

Of the industries (4-digit NAICS) in the area, the Architectural and engineering services industry has brought the most jobs with a total of 351 total jobs brought in during the period. The growth in the Architectural and engineering services industry makes up 8.3 percent of the total number of new jobs in Toledo.

Top 5 Industries
1. Architectural and engineering services (351 new jobs)
2. Limited-service eating places (259 new jobs)
3. Personal care services (231 new jobs)
4. Department stores (226 new jobs)
5. Child day care services (204 new jobs)

In the Toledo, OH metro area, the total number of workers for all sectors has increased by 744 total jobs between the 2nd Quarter of 2005 and 2nd Quarter of 2006.

Out of the 117 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 52 reported job growth in the duration of the year and 64 industries reported employment loss in the period.

Total One-Year Employment Decline in the Toledo Metro Area

Given the industries in the area, the Motor vehicle parts manufacturing industry witnessed the largest drop in employment, losing a total of 431 jobs in that time period. The declines in the Motor vehicle parts manufacturing industry make up 13.5 percent of the total employment decline in Toledo, OH.

Top 5 Industries
1. Motor vehicle parts manufacturing (431 jobs lost)
2. Building foundation and exterior contractors (288 jobs lost)
3. Elementary and secondary schools (242 jobs lost)
4. Specialized freight trucking (191 jobs lost)
5. Other fabricated metal product manufacturing (173 jobs lost)





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 Toledo, OH

The rate of poverty in the Toledo, OH Metro has increased by 2.7 percent since the 2000 rates, moving from 12.5 percent to 15.2 percent.

The households that were headed by an American Indian and Alaska Native individual in Toledo reported a median household income of $39,761, this level was 14.8 percent less than the areas median level for all households. Black or African American householders reported a median household income that was 41.9 percent less than the total 2000 reported median, with a their median reported to be $27,143. Hispanic headed households in Toledo, OH , as reported in 2000, had a median household income of $39,605, this income level is 15.2 percent less than the areas median income level for all households. In Toledo, OH White headed households reported a median household income (2005 Dollars) of $49,482 according to the 2000 Dencennial Census, which was 6 percent greater than the median in the year 2000. The Asian headed households reported median household incomes of $47,089. This household income level is 0.9 percent greater than the all households reported median in the area.

While the median household income saw a decline in the last five year in the Toledo, OH metro area, the Race/Ethnicity group that went through the most dramatic decline in the household income level was the American Indian and Alaska Native Race/Ethnicity category. This category went through a decline of 60.6 percent since the year 2000. The Asian population category was least influenced by the median household income decline in Toledo, undergoing a 10.9 percent decline in household income, since the reported levels in 2000.

When put side-by-side with other Metros throughout the United States, the Toledo metro area can be understood to have a medium-high poverty rate amongst the population, with a poverty rate of 12.5 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 32.4 percent of the 2000 population living in poverty. People that are of the age Under 5 years are experiencing most percent people in poverty in Toledo, reporting 19.7 percent of this age group in the area living in poverty.

The median household income has declined from the inflation-adjusted 2000 income levels. The income level has decreased to $42,798, representing a 8.3 percent decline. The Toledo, OH MSA, in terms of percent of decline, ranks 7 of 10 metro area in percent of decline for household income in Ohio. Toledo ranks 112 of 233 metro area when comparing total percent of decline in median income in the US.

When analyzed against other Metropolitan Statistical Areas in the US, the Toledo metro area accounted a medium-high median income for all households of $46,685 (2005 Dollars). The income level is 2.6 percent lower than the household income median in State of Ohio of $47,919 and the income level is 5.2 percent lower than the median for the rest of the nation, which is a reported $49,133.

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