Monday, January 22, 2007

Van Wert County One-Year Industry Employment Change

Total One-Year Employment Growth in Van Wert County

From the industries (4-digit NAICS) in the area, the Limited-service eating places industry has accounted the most employment growth with a total of 115 total jobs brought in during the period. The growth in the Limited-service eating places industry makes up 35.5 percent of the growth in Van Wert County.

Top 5 Industries
1. Limited-service eating places (115 new jobs)
2. Other miscellaneous store retailers (32 new jobs)
3. Building equipment contractors (28 new jobs)
4. Nursing care facilities (24 new jobs)
5. Architectural and engineering services (18 new jobs)

Out of the 38 4-digit NAICS industries, 18 accounted an for increase in employment during the period and 19 industries reported employment loss in the period.

In Van Wert County, Ohio, the total number of jobs throughout all industries has increased by 482 jobs between mid-2005 and mid-2006.

Total One-Year Employment Decline in Van Wert County

From of the area's 4-digit NAICS industries, the Full-service restaurants industry experienced most substantial job loss, losing 106 jobs during the period. The employment lost in the Full-service restaurants industry make up 47.3 percent of the employment lost during the period in Van Wert County, Ohio.

Top 5 Industries
1. Full-service restaurants (106 jobs lost)
2. Depository credit intermediation (25 jobs lost)
3. Home health care services (25 jobs lost)
4. Automobile dealers (13 jobs lost)
5. Specialized freight trucking (11 jobs lost)

Van Wert County One-Year Percentage Growth in Employment

The Other miscellaneous store retailers industry has seen the largest percentage job growth, expanding by 320.0 percent from the 2nd quarter of 2005 to the 2nd quarter of 2006. This industry sector in Van Wert County has added employment faster than the industry has grown in the State of Ohio, where it saw a loss of 0.2 percent. The Other miscellaneous store retailers industry in Van Wert County outpaced the nation in terms of industry employment growth . During this period, the nation gained 0.8 percent of the employment in this industry.

Top 5 Industries
1. Other miscellaneous store retailers (320.0 percent gain)
2. Electronics and appliance stores (54.5 percent gain)
3. Building equipment contractors (50.6 percent gain)
4. Other specialty trade contractors (44.6 percent gain)
5. Limited-service eating places (40.7 percent gain)

Van Wert County One-Year Percentage Decline in Employment

The Nondepository credit intermediation industry has seen the largest percentage drop in employment, losing 55.3 percent from 2005 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry sector has felt in the State of Ohio, where the it saw a loss of 1.4 percent. The losses in the Nondepository credit intermediation industry in Van Wert County outpaced the losses of nation as a whole in the industry. In this time period, the nation gained 2 in percent of jobs in the Nondepository credit intermediation industry.

Top 5 Industries
1. Nondepository credit intermediation (55.3 percent decline)
2. Full-service restaurants (33.6 percent decline)
3. Management and technical consulting services (27.3 percent decline)
4. Florists (18.4 percent decline)
5. Depository credit intermediation (16.5 percent decline)

Employment for all industries has increased by 4.9 percent from 2005 (2nd Quarter). These figures are greater than growth in the State of Ohio, which experienced a gain of 0.4 percent since the 2nd Quarter of 2005. The gains in the area were greater 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.

Wednesday, January 10, 2007

Income and Poverty in Van Wert County, Ohio

Black or African American headed households had a median household income that was only slightly greater than the all population median published in the 2000 Census, with a median of $46,215. Hispanic in Van Wert County, Ohio , according to the 2000 census, had a median household income of $37,626, this median household income is 18.6 percent less than the areas median income level for all households. In Van Wert County, Ohio White householders had a median income (2005 Dollars) of $46,105 according to the 2000 Dencennial Census, which was 0.2 percent less than the median household income in 2000. The Asian householders in the area have reported their median household incomes at $72,833. This household income level is 57.6 percent greater than the all households reported median in the area. The American Indian and Alaska Native households in Van Wert County reported an income level of $65,603, this was 42 percent greater than the median level for total households in the area.

When analyzed against other counties (and parishes) in the US, Van Wert County had a relatively high median income for households of $46,211 (Adjusted to 2005 Dollars). This is 3.7 percent lower than the median in State of Ohio of $47,919 and the median is 6.3 percent lower than the median in the US, which is $49,133.

When put side-by-side with other counties (or parishes) throughout the United States, Van Wert County, Ohio can be recognized as having a very low rate of poverty among the people, accounting a rate of 5.5 percent of the individuals existing in families with incomes under the poverty level in 1999. The Asian race/ethnicity demographic group, represents the largest rate of poverty with 52.2 percent of the 2000 residents living in poverty. People aged 5 years have the most percent of people living in poverty in Van Wert County, reporting 7.7 percent of the population in this age category living in poverty.







Datasource: U.S. Bureau of the Census. 2000 Decennial Census.

 

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