Friday, February 23, 2007

Medina County Five-Year Industry Employment Change

Total Five-Year Employment Growth in Medina County

Out of the 4-digit NAICS industries, the General freight trucking industry has grown the most with 1,611 jobs added during the time period. These new jobs in the General freight trucking industry makes up 18.5 percent of the total growth in Medina County.

Top 5 Industries
1. General freight trucking (1,611 new jobs)
2. Management of companies and enterprises (687 new jobs)
3. Full-service restaurants (678 new jobs)
4. Nursing care facilities (304 new jobs)
5. Grocery stores (270 new jobs)

Of the 121 industries with industry data reported by the BLS in each quarter, 42 reported job growth in the duration of the last five years and 79 industry sectors accounting for employment declines during that time period.

In Medina County, Ohio, the entire sum of jobs in all industries overall has increased by 6,627 jobs from mid-2001 to mid-2006.

Total Five-Year Employment Decline in Medina County

Given the industries in the area, the Architectural and engineering services industry witnessed the largest drop in employment, losing a total of 226 jobs during the time period. The jobs lost in the Architectural and engineering services industry make up 9.5 percent of the jobs lost during the period in Medina County, Ohio.

Top 5 Industries
1. Architectural and engineering services (226 jobs lost)
2. Other miscellaneous manufacturing (215 jobs lost)
3. Commercial equip. merchant wholesalers (148 jobs lost)
4. Steel product mfg. from purchased steel (146 jobs lost)
5. Building foundation and exterior contractors (142 jobs lost)

Employment for all industries has increased by 14.1 percent from the reported values in 2001. These values are less than growth in the State of Ohio, experiencing a loss of -2.8 percent from 2001 (2nd Quarter). The gains in the area were greater than than the gain experienced overall in the US of 2.6 percent.

Medina County Five-Year Percentage Growth in Employment

The Activities related to real estate industry has gone through the largest job growth by percent, increasing by 841.0 percent from the 2nd quarter of 2001 to the 2nd quarter of 2006. This industry sector in Medina County has increased employment faster than the industry job growth experienced in Ohio, where this industry saw a gain of 15.3 percent. The Activities related to real estate industry in Medina County outpaced the national average, which felt a gained 19 percent.

Top 5 Industries
1. Activities related to real estate (841.0 percent gain)
2. Scientific research and development services (681.8 percent gain)
3. Electronic equipment repair and maintenance (294.1 percent gain)
4. General freight trucking (263.5 percent gain)
5. Activities related to credit intermediation (259.2 percent gain)

Medina County Five-Year Percentage Decline in Employment

The Unclassified industry has seen the largest percentage drop in employment, losing 68.4 percent of the jobs from the 2nd quarter of 2001 to 2nd quarter of 2006. The losses of the area have declined faster than the industry sector has gone through in the Ohio, where the industry felt a loss of 54.4 percent. The losses in the Unclassified industry in Medina County outpaced the United States industry losses overall. During this period, the United States gained 1.7 percent in terms of employees in the Unclassified industry.

Top 5 Industries
1. Unclassified (68.4 percent decline)
2. Travel arrangement and reservation services (66.2 percent decline)
3. Grocery and Related Product Wholesalers (66 percent decline)
4. Other wood product manufacturing (61.1 percent decline)
5. Insurance carriers (61.1 percent decline)





About: This report is part 2 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.

 

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