Wednesday, March 21, 2007

In Montgomery County, jobs in the securities and commodity contracts brokerage pay the highest wages


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Individuals that are employed in the securities and commodity contracts brokerage industry paid the average highest wages in Montgomery County for 2006. The average worker in the industry in Montgomery County earned an annual wage of $107,241 in 2006. The average wage is greater than the industry pay the State of Ohio of $98,656 and less than then the wage for jobs in this industry in the US of $138,150.

High-wage employment in Montgomery County, Ohio exsists in management of companies and enterprises ($80,935), nonscheduled air transportation ($80,831), other financial investment activities ($79,415) and waste treatment and disposal ($78,971) industries. Note: Click Graph Above for Detail Comparison

About: These facts are part of 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.

Friday, March 09, 2007

Montgomery County Wages have increased by 11.3% Since 2001


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From 2001 to 2006, average industry wages increased in Montgomery County, Ohio by a total of 11.3%. This is less than the growth in industry wages for the State of Ohio and less than the growth in industry wages across the US.

About: These facts are part of 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.

Friday, February 23, 2007

Montgomery County Five-Year Industry Employment Change

Total Five-Year Employment Growth in Montgomery County

Of the industries (4-digit NAICS) in the area, the Nondepository credit intermediation industry has brought the most jobs with a total of 1,809 total jobs brought in during the period. The growth in the Nondepository credit intermediation industry makes up 12.7 percent of the growth in Montgomery County.

Top 5 Industries
1. Nondepository credit intermediation (1,809 new jobs)
2. Full-service restaurants (1,544 new jobs)
3. Management of companies and enterprises (1,526 new jobs)
4. General medical and surgical hospitals (1,399 new jobs)
5. Home health care services (680 new jobs)

Of the 172 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 115 described an expansion of jobs throughout the time period, while 57 industry sectors reported declines during the time period.

Total Five-Year Employment Decline in Montgomery County

Given the industries in the area, the Motor vehicle parts manufacturing industry witnessed the largest drop in employment, losing a total of 3,614 jobs. The declines in the Motor vehicle parts manufacturing industry make up 10.1 percent of the total job loss in Montgomery County, Ohio.

Top 5 Industries
1. Motor vehicle parts manufacturing (3,614 jobs lost)
2. Employment services (2,411 jobs lost)
3. Other general merchandise stores (1,898 jobs lost)
4. Plastics product manufacturing (1,786 jobs lost)
5. Support activities for air transportation (1,270 jobs lost)

In Montgomery County, Ohio, the entire sum of jobs in all industries overall has decreased by 23,064 jobs from mid-2001 to mid-2006.

Total industry employment has decreased by 8.7 percent since the 2nd Quarter figures of 2001. This change is greater than growth in Ohio, experiencing a loss of -2.8 percent from the 2nd Quarter of 2001. The losses were greater than than the gain reported at the US level of 2.6 percent.

Montgomery County Five-Year Percentage Growth in Employment

The Promoters of performing arts and sports industry has witnessed the largest percentage of employment expansion, increasing by 249.2 percent from 2001 (2nd quarter) to 2006 (2nd quarter). This industry sector in Montgomery County has added employment faster than the growth seen in the industry for Ohio, where the industry felt a gain of 6.5 percent. The Promoters of performing arts and sports industry in Montgomery County outpaced the national average, which felt a gained 20.1 percent of the employment in this industry.

Top 5 Industries
1. Promoters of performing arts and sports (249.2 percent gain)
2. Wireless telecommunications carriers (194.5 percent gain)
3. Local messengers and local delivery (113.2 percent gain)
4. Waste collection (106.5 percent gain)
5. Rubber product manufacturing (100.4 percent gain)

Montgomery County Five-Year Percentage Decline in Employment

The Electronic shopping and mail-order houses industry has lost the largest amount of employment in terms of percentage, losing 80 percent from 2001 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry has seen in the Ohio, where the industry reported a gain of 9.3 percent. The losses in the Electronic shopping and mail-order houses industry in Montgomery County outpaced the US in terms of percent of decline of industry employment. The US lost 2.8 in percent of workers in the Electronic shopping and mail-order houses industry.

Top 5 Industries
1. Electronic shopping and mail-order houses (80 percent decline)
2. Support activities for air transportation (79.5 percent decline)
3. Data processing and related services (76.7 percent decline)
4. Other residential care facilities (71.3 percent decline)
5. Soap, cleaning compound, and toiletry mfg. (70.7 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.

Monday, January 22, 2007

Montgomery County One-Year Industry Employment Change

Total One-Year Employment Decline in Montgomery County

Of the area's industries (4-digit NAICS), the Computer systems design and related services industry experienced most substantial job loss, losing 668 jobs in that time period. The declines in the Computer systems design and related services industry make up 6.9 percent of the total job loss in Montgomery County, Ohio.

Top 5 Industries
1. Computer systems design and related services (668 jobs lost)
2. Department stores (475 jobs lost)
3. Motor vehicle parts manufacturing (463 jobs lost)
4. Management of companies and enterprises (356 jobs lost)
5. Building foundation and exterior contractors (319 jobs lost)

From the 186 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 108 described an expansion of jobs throughout the time period, while 76 industries reported a drop in employment.

In Montgomery County, Ohio, the total number of jobs throughout all industries has decreased by 4,130 jobs between mid-2005 and mid-2006.

Total One-Year Employment Growth in Montgomery County

Of the industries (4-digit NAICS) in the area, the Nondepository credit intermediation industry has added the most employment with 825 jobs added during the time period. These new jobs in the Nondepository credit intermediation industry makes up 14.8 percent of the total number of new jobs in Montgomery County.

Top 5 Industries
1. Nondepository credit intermediation (825 new jobs)
2. Other specialty trade contractors (315 new jobs)
3. Office administrative services (304 new jobs)
4. Home health care services (255 new jobs)
5. Architectural and structural metals mfg. (227 new jobs)

Employment for all industries has decreased by 1.7 percent from the reported values in 2005. These values are greater than percent in Ohio, experiencing a gain of 0.4 percent from 2005 (2nd Quarter). The losses in the area were greater than than the gain felt at the national level of 2.0 percent.

Montgomery County One-Year Percentage Decline in Employment

The Data processing and related services industry has lost the largest percent of jobs, losing 77 percent from 2005 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry sector has gone through in the Ohio, where the industry sector experienced a loss of 4.8 percent. The losses in the Data processing and related services industry in Montgomery County outpaced the United States in terms of percentage decline of industry employment. In this period, the United States lost 0.3 percent in terms of employees in the Data processing and related services industry.

Top 5 Industries
1. Data processing and related services (77 percent decline)
2. Other heavy construction (70.6 percent decline)
3. Unclassified (47 percent decline)
4. Petroleum merchant wholesalers (46.5 percent decline)
5. HVAC and commercial refrigeration equipment (42.1 percent decline)

Montgomery County One-Year Percentage Growth in Employment

The Land subdivision industry has seen the largest percentage job growth, expanding by 97.5 percent from the 2005 (Q2) to the 2006 (Q2). This industry in Montgomery County has increased employment faster than the industry job growth experienced in Ohio, where this industry saw a loss of 2.6 percent. The Land subdivision industry in Montgomery County outpaced the national average, which felt a gained 7.6 percent in this industry.

Top 5 Industries
1. Land subdivision (97.5 percent gain)
2. Electronic shopping and mail-order houses (89.1 percent gain)
3. Technical and trade schools (52.3 percent gain)
4. Office administrative services (51.8 percent gain)
5. Architectural and structural metals mfg. (50.5 percent gain)





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 Montgomery County, Ohio

As the median income level saw a decline in the last five year in Montgomery County, Ohio, the Race/Ethnicity group that went through the most dramatic decline in household income was the American Indian and Alaska Native category. This group felt a decline of 57.8 percent in the last five years. The Hispanic Race/Ethnicity group has been least impacted by the median income decline in Montgomery County, experiencing a 21.4 percent increase in household income level, since the year 2005.

When put side-by-side with other counties (or parishes) throughout the United States, Montgomery County, Ohio can be understood to have a medium-low rate of poverty among the people, accounting a rate of 11.3 percent of the population with family incomes below the 1999 poverty level. The Black or African American race/ethnicity demographic group, represents the largest rate of poverty with 24.9 percent of the 2000 residents living in poverty. People aged Under 5 years have the most percent of people living in poverty in Montgomery County, accounting 18.6 percent of this age group in the area living in poverty.

Hispanic households in Montgomery County, Ohio recorded a median income of $41,432, which is 11.8 percent less than the median reported for all households in the area. Black or African American headed households had a median household income that was 31.8 percent less than the all population median published in the 2000 Census, with a median of $32,047. The American Indian and Alaska Native households in Montgomery County reported an income level of $42,705, which was 9.1 percent less than the median for all households. It was reported in 2000 that the Asian headed households had median household incomes of $59,876. This median is 27.4 percent greater than the reported median household income, in the area, for all households. In Montgomery County, Ohio White householders had a median household income (in 2005 Dollars) of $50,495 as reported in 2000 by the census, which was 7.5 percent greater than the median income in 2000.

Compared to other counties (and parishes) throughout the nation, Montgomery County reported a relatively high household income of $46,983 (Adjusted to 2005 Dollars). This is 2 percent lower than the median income in State of Ohio of $47,919 and the median is 4.6 percent lower than the median for the rest of the nation, which is a reported $49,133.

The median household income has declined from the values (adjusted for inflation) in 2000. The median has decreased to $41,004, posting a 12.7 percent decline. Montgomery County, Ohio, when analyzing percentage of decline, ranks 8 of 38 counties in percent of decline for median household income in the State of Ohio. Montgomery County ranks 105 of 668 counties (or parishes) when comparing total percent of decline in median income level for the United States.

The poverty rate in Montgomery County, Ohio has increased by 3.4 percent since the amounts published in 2000, moving from 11.3 percent to 14.7 percent.

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

Wednesday, December 20, 2006

Higher Education in Montgomery County, Ohio

In 2000, the Census reported that in Montgomery County, Ohio, the largest educational attainment category for men is the High School Diploma category, with 29.4 percent achieving this level. The female population in Montgomery have on average achieved a lower level of higher education (Bachelors or Higher) than men; 25.8 percent (Men) versus 20.4 percent (Women). The largest educational attainment category for women in this areas is Some College or Associates Degree category, with 31.6 percent of the areas female population attaining this level of education.

In Montgomery County, Ohio according to the Decennial Census of 2000, 24.2 percent of the White Alone, 14.8 percent of Black or African American, 54.2 percent of the Asian alone and 29 percent of the Hispanic or Latino population, over the age 25, has achieved at least a Bachelors Degree.

Montgomery County, Ohio can be considered to have a highly-educated working age population, with 22.8 percent of the population (+25) having received a BA or higher, as reported the 2000 Decennial Census. Montgomery was reported to have a higher percent of population with this high education level than the State of Ohio's proportion of 21 percent and a lower percent than United States proportion of 24.4 percent.

Between 2000 and 2005, the percent of the male population that can be understood as highly educated has decreased by 0.4 percent. As reported in 2005, 25.6 percent of total male population (over 25), in this area, held at least a Bachelors Degree. At the same time, the percent of women (over 25) holding a BA or higher has increased by a total of 1.6 percent. By the year 2005, a total of 22 percent of the female population had achieved this level of education.

Since 2000, Montgomery has increased in the total percent of the over 25 population having a Bachelors Degree or Higher. This population group has grown by 0.8 percent to a total of 23.6 percent in 2005, as reported by the American Community Survey. The proportion of the 2005 population having received at least a BA is greater than the 2005 State of Ohio percent of 23.4 and less than the average US percent of 27.2.

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

Friday, December 08, 2006

Demographic Profile for Montgomery County, Ohio

From 2000, a medium-low number of individuals have migrated to Montgomery internationally. The migration from outside the US into Montgomery makes up 3 percent of the total international migration into the State of Ohio. This amount of international migration is medium-low when comparing levels of immigration per population in 2005.

The population division of the Census Bureau estimates in 2005 a median age in Montgomery County, Ohio to be 38.0 years old. The median age in Montgomery is greater than the median in Ohio of 37.6. Since the year 2000, the area has seen an increase in the median, when the median age was 36.4 years of age. With 23.9 percent of the 2005 population being comprised of individuals under the age of 18, Montgomery can be described as being made up of a medium-high proportion of youths. The working age population group (18-64) has a medium-low representation within the estimated 2005 area population, making up 61.7 percent of the population falling in this age category. The retirement (65 and over) group makes up 14.3 percent of the total population base. Compared to other counties throughout the nation, this represents a medium-low percent of the population.

Montgomery County, Ohio had a population that was estimated at 547,435 in 2005. The total population has decreased, since the population in 2000 of 558,496. The decline represents a decrease of -2 percent. Montgomery ranks 86 of 88 counties by growth in total population in Ohio and the county ranks 3,126 of 3,141 counties in terms of population growth in the United States.

When calculating the total land area, Montgomery spans a total of 462 total square miles. The area has a very high average area density of 1,186 persons per square mile. Other counties with similar densities in the US include: -- more densely populated -- Hartford, CT (1,193 per sq. mile ), Shelby, TN (1,205 per sq. mile ), Bexar, TX (1,218 per sq. mile ), -- less densely populated -- Henrico, VA (1,179 per sq. mile ), Davidson, TN (1,145 per sq. mile ), Orange, FL (1,127 per sq. mile ).

Montgomery County, Ohio has a population that is made up of 74.8 percent White, 20.5 percent African American, 1.5 percent Asian, and 1.6 percent Hispanic. The population mix can be considered to have a high level of diversity in terms of race and ethnicity, with 23.6 percent of the population made up of minorities. This is greater than the State of Ohio percent of 15.5. Since 2000, Montgomery has increased the percent of minority makeup when 22.5 percent of the total population were minorities.

Datasource: Population Estimates Program, U.S. Bureau of the Census.

Friday, November 10, 2006

Housing Report for Montgomery County, Ohio

In the State of Ohio, Montgomery County ranks 64 of 88 by percent in growth of new residential structures. The county places 2,264 of 3,141, compared to change in residential structure growth in counties throughout the Unities States.

In Montgomery County, there were a total of 253,475 homes in 2005. The county has experienced a growth in housing units, adding a total of 3,978 residential structures since 2001, a change of 1.6 percent.

According to the data, there is a large amount of housing that is affordable in Montgomery County, Ohio. In 2005, 55.4 percent of residential real estate was valued under $125,000.

The residential housing values in Montgomery County, Ohio have moderate increases from the real estate values reported in 2000. The valuations have increased by $20,600, or 21.5 percent, since their values in that year of $95,900.

Montgomery County had an owner-occupied dwelling median in 2005 of $116,500, accounted by the American Community Survey. This value is less than the overall State of Ohio 2005 home value of $129,600 and less than home value of $167,500 for the United States in the same year.

Montgomery County may be be described as having a small, but present proportion of high-valued homes. In 2005, the American Community Survey accounted that 0.6 percent of the homes were valued over $500,000.

Data Source: U.S. Census Bureau

Monday, October 30, 2006

Employment Report for Montgomery County, Ohio -- Annual 2005 Industry Summary

In Montgomery County, Health care and social assistance, Manufacturing, and the Retail Trade sectors are the largest industries, in terms of total number of jobs in 2005. The Health care and social assistance provides the most jobs and contributes 17.2 percent of all the jobs in the county. This makes up 42,217 people employed. The Manufacturing and Retail Trade industries make up 16.6 and 11.6 percent of the total jobs, respectively.

In Montgomery County, Management of companies and enterprises, Information and Health care and social assistance industries have the highest United States location quotient (LQ). The Management of companies and enterprises industry has a US LQ in the county of 1.45. In other words, the percent of total jobs in the Management of companies and enterprises industry is 1.45 times the percent of the national average, This signifies that Montgomery may be an exporter of products or services of Management of companies and enterprises.

Manufacturing saw the largest loss of employment between the years 2001-2005 in Montgomery County. The sector faced a loss of 11,226 total jobs during the period, accounting for 21.5 percent of jobs in the industry. The losses in this industry made up 45.9 percent of the total loss in employment during the period.

Utilities has the largest businesses in Montgomery County, averaging 78 workers per each place of employment, being greater than the industry's national average of 34 and greater than the Ohio average establishment size of 37 for the Utilities industry.

Management of companies and enterprises in the period of 2001 to 2005 had the largest increase in employment in Montgomery County, with an industry growth of 54.6 percent. This is greater than the national sector change of 1.6 percent. The State of Ohio went through a industry job change of 22.5 percent, from 2001 to 2005.







Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW).

 

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