Wednesday, March 21, 2007

In Summit County, jobs in the power generation and supply pay the highest wages


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Individuals that are employed in the power generation and supply industry had the highest average wages in Summit County for 2006. The average industry job in Summit County was paid an annual wage of $95,823 in 2nd quarter of 2006. The wage rate is greater than the industry wage in Ohio of $73,223 and greater than then the pay for jobs in this industry across the nation of $76,551.

Other top-pay jobs in Summit County, Ohio exsists in druggists' goods merchant wholesalers ($91,270), securities and commodity contracts brokerage ($83,708), motor vehicle parts manufacturing ($76,954) and other financial investment activities ($75,157) industries. Note: Clicking the Above Graphic Displays the Detailed 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

Summit County Wages have increased by 16.4% Since 2001


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From the second quarter of 2001 to the second quarter of 2006, industry wages have increased in Summit County, Ohio by a total of 16.4%. This is greater than the growth in industry wages for Ohio and greater than the growth in industry wages for the nation as a whole.

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.

Tuesday, February 27, 2007

Summit County Industry Wages Exceed Ohio, but Wages Lag Behind the United States


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Wages in all industries in Summit County, Ohio can be understood as being relatively high when compared to other Counties throughout the state in the 2nd quarter of 2006. The industry wages are 1.2 percent higher than the state, which accounted an average of $36,666. The average pay was less than the US average pay of $40,259.

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

Summit County Five-Year Industry Employment Change

Summit County Five-Year Percentage Decline in Employment

The Rubber product manufacturing industry has lost the biggest percent of jobs, losing 78.5 percent from 2001 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry sector has gone through in the Ohio, where the it saw a loss of 29.4 percent. The losses in the Rubber product manufacturing industry in Summit County outpaced the United States in terms of percentage decline of industry employment. In this period, the United States lost 19.4 in percent of jobs in the Rubber product manufacturing industry.

Top 5 Industries
1. Rubber product manufacturing (78.5 percent decline)
2. Other support services (69.8 percent decline)
3. Cutlery and handtool manufacturing (63.9 percent decline)
4. Support activities for mining (57.8 percent decline)
5. Beer, wine, and liquor stores (49.6 percent decline)

Total industry employment has increased by 4.2 percent from the reported values in 2001. These values are less than percent in Ohio, which saw a loss of -2.8 percent since 2001 ( 2nd Quarter). The gains in the area were greater than than the gain reported at the US level of 2.6 percent.

Summit County Five-Year Percentage Growth in Employment

The Druggists' goods merchant wholesalers industry has gone through the largest job growth by percent, increasing by 539.3 percent from 2001 (2nd quarter) to 2006 (2nd quarter). This industry sector in Summit County has grow faster than the industry job growth experienced in Ohio, where the industry took a gain of 16.1 percent. The Druggists' goods merchant wholesalers industry in Summit County outpaced the US in terms of percent growth of industry employment. During this period, the US gained 6.4 percent.

Top 5 Industries
1. Druggists' goods merchant wholesalers (539.3 percent gain)
2. Scientific research and development services (328.7 percent gain)
3. Warehousing and storage (241.1 percent gain)
4. Management of companies and enterprises (177.4 percent gain)
5. Lessors of nonfinancial intangible assets (136.5 percent gain)

Total Five-Year Employment Growth in Summit County

From the industries (4-digit NAICS) in the area, the Management of companies and enterprises industry has accounted the most employment growth with a total of 8,331 employees finding new jobs in the industry. The employment growth in the Management of companies and enterprises industry makes up 27.8 percent of the total growth in Summit County.

Top 5 Industries
1. Management of companies and enterprises (8,331 new jobs)
2. Employment services (2,654 new jobs)
3. Limited-service eating places (1,578 new jobs)
4. Business support services (1,263 new jobs)
5. Warehousing and storage (1,070 new jobs)

In Summit County, Ohio, the total number of workers for all sectors has increased by 9,770 jobs from mid-2001 to mid-2006.

From the 178 4-digit NAICS industries, 92 described an expansion of jobs throughout the time period, while 86 industry sectors reported declines during the time period.

Total Five-Year Employment Decline in Summit County

From of the area's 4-digit NAICS industries, the Rubber product manufacturing industry witnessed the largest drop in employment, losing a total of 4,925 jobs during the period. The employment lost in the Rubber product manufacturing industry make up 20.8 percent of the jobs lost during the period in Summit County, Ohio.

Top 5 Industries
1. Rubber product manufacturing (4,925 jobs lost)
2. General freight trucking (2,205 jobs lost)
3. Health and personal care stores (1,771 jobs lost)
4. Other support services (1,482 jobs lost)
5. Department stores (822 jobs lost)





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

Summit County One-Year Industry Employment Change

Summit County One-Year Percentage Decline in Employment

The Power generation and supply industry has lost the biggest percent of jobs, losing 57 percent from 2005 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry has experienced in the State of Ohio, where the industry sector experienced a gain of 1.7 percent. The losses in the Power generation and supply industry in Summit County outpaced the United States in terms of percentage decline of industry employment. In this period, the United States lost 1.1 percent in terms of employment in the Power generation and supply industry.

Top 5 Industries
1. Power generation and supply (57 percent decline)
2. Other nonmetallic mineral products (54.7 percent decline)
3. Promoters of performing arts and sports (48.4 percent decline)
4. Rubber product manufacturing (28 percent decline)
5. Machinery and equipment rental and leasing (27.8 percent decline)

Total industry employment has increased by 0.8 percent since the 2nd Quarter figures of 2005. This change is greater than growth in Ohio, which saw a gain of 0.4 percent from 2005 (2nd Quarter). The gains in the area were less than than the gain experienced overall in the US of 2.0 percent.

Summit County One-Year Percentage Growth in Employment

The Scientific research and development services industry has witnessed the largest percentage of employment expansion, increasing by 147.6 percent from the 2005 (Q2) to the 2006 (Q2). This industry in Summit County has increased employment faster than the industry has grown in the State of Ohio, where it saw a gain of 9.5 percent. The Scientific research and development services industry in Summit County outpaced the national average, which felt a gained 3.7 percent of the industry employment.

Top 5 Industries
1. Scientific research and development services (147.6 percent gain)
2. Software publishers (54.8 percent gain)
3. Other specialty trade contractors (51.1 percent gain)
4. Amusement parks and arcades (42.0 percent gain)
5. Investigation and security services (32.2 percent gain)

In Summit County, Ohio, the entire sum of jobs in all industries overall has increased by 1,970 total jobs between the 2nd Quarter of 2005 and 2nd Quarter of 2006.

Of the 182 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 84 reported job growth in the duration of the year and 97 industry sectors accounting for employment declines during that time period.

Total One-Year Employment Decline in Summit County

Of the area's industries (4-digit NAICS), the Power generation and supply industry witnessed the largest drop in employment, losing a total of 1,060 jobs. The declines in the Power generation and supply industry make up 15.2 percent of the total job loss in Summit County, Ohio.

Top 5 Industries
1. Power generation and supply (1,060 jobs lost)
2. Rubber product manufacturing (526 jobs lost)
3. Full-service restaurants (499 jobs lost)
4. Grocery stores (434 jobs lost)
5. Individual and family services (416 jobs lost)

Total One-Year Employment Growth in Summit County

Of the industries (4-digit NAICS) in the area, the Business support services industry has brought the most jobs with a total of 750 jobs added during the time period. These new jobs in the Business support services industry makes up 9.0 percent of the total employment growth in Summit County.

Top 5 Industries
1. Business support services (750 new jobs)
2. Other specialty trade contractors (685 new jobs)
3. Scientific research and development services (631 new jobs)
4. Limited-service eating places (488 new jobs)
5. Building equipment contractors (398 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 Summit County, Ohio

The American Indian and Alaska Native headed households in Summit County had a median income of $44,219, this median was 10.7 percent less than the median for all households. The Asian headed households reported median household incomes of $64,570. This household income level is 30.5 percent greater than the all households reported median in the area. In Summit County, Ohio White householders had a median income (2005 Dollars) of $53,058 as reported in 2000 by the census, which was 7.2 percent greater than the median in 2000. Black or African American householders reported household income levels that were 38.9 percent less than the total 2000 reported median, with a their median reported to be $30,262. Hispanic in Summit County, Ohio , according to the 2000 census, had a median household income of $46,321, this median household income is 6.4 percent less than the median reported for all households in the area.

Evaluated with other counties (or parishes) across the nation, Summit County, Ohio can be understood to have a medium-low rate of poverty among the people, accounting a rate of 9.9 percent of the individuals existing in families with incomes under the poverty level in 1999. The Black or African American race/ethnicity population category, holds the highest rate of poverty with 27.3 percent of the 2000 residents living in poverty. People aged Under 5 years have the largest percent of population in poverty in Summit County, having 17.5 percent of the population in this age category living in poverty.

The poverty rate in Summit County, Ohio has increased by 1.3 percent since the amounts published in 2000, moving from 9.9 percent to 11.2 percent.

As the median household income witnessed a decline from 2000 to 2005 in Summit County, Ohio, the Race/Ethnicity category that saw the sharpest decline in the household income level was the Asian Race/Ethnicity category. This group experienced a decline of 31 percent since 2000. The Hispanic population category was least influenced by the median household income decline in Summit County, undergoing a 18.1 percent increase in median income, since the values reported in the 2000 Decennial Census.

The median household income in the area has declined from the values (adjusted for inflation) in 2000. The median has decreased to $43,941, which amounts to a 11.2 percent decline. Summit County, Ohio, in terms of percentage of decline, ranks 13 of 38 counties in percent of decline for household income in Ohio. Summit County ranks 170 of 668 counties (or parishes) when comparing the decline in household income across the nation.

When compared to other counties (and parishes) throughout the United States, Summit County reported a relatively high household income of $49,496 (Adjusted to 2005 Dollars). This is 3.2 percent higher than the median in Ohio of $47,919 and the median is 0.7 percent higher than the median in the US, which is $49,133.

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

Wednesday, December 20, 2006

Higher Education in Summit County, Ohio

In Summit County, Ohio according to the Decennial Census of 2000, 26.6 percent of the White Alone, 10.6 percent of Black or African American, 62 percent of the Asian alone and 26.8 percent of the Hispanic or Latino population, over the age 25, has achieved at least a Bachelors Degree.

Summit County, Ohio is made up of a highly-educated working age population, with 25.2 percent of the population (+25) having received a BA or higher, as reported the 2000 Decennial Census. Summit counted a higher percent of highly educated individuals than the State of Ohio's proportion of 21 percent and a higher percent than United States proportion of 24.4 percent.

The 2000 Decennial Census reported that in Summit County, Ohio, the largest educational attainment category for men is the High School Diploma category, with 31.8 percent reaching this education level. The female population in Summit on average have achieved a lower level of higher education (Bachelors or Higher) than the men in the area: 27.8 percent (Men) versus 22.8 percent (Women). The most common level of education for women in the area is High School Diploma category, with 35 percent of the female population achieving this education level.

Since 2000, Summit has increased in the population percent with a Bachelors Degree or Higher. This population percent has grown by 4.0 percent to a total of 29.2 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 State of Ohio percent of 23.4 and greater than the average US percent of 27.2.

Between 2000 and 2005, the percent of the male population that can be understood as highly educated has increased by 2.8 percent. By the year 2005, 30.8 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 5.0 percent. By 2005, a total of 27.8 percent of the female population had achieved this level of education.

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

Tuesday, November 28, 2006

Demographic Profile for Summit County, Ohio

Summit County, Ohio had an estimated population of 546,604 in 2005. The estimated population has increased, since the 2000 total population of 543,579. This growth shows an increase of 0.6 percent. Summit ranks 16 of 88 counties when calculating total change in population for Ohio and the county ranks 669 of 3,141 counties when analyzing total county population change across the nation.

When calculating the total land area, Summit covers a total land area of 413 square miles. The county has a very high density of 1,324 persons per square mile. Similar counties in the US, in terms of density, include: -- more densely populated -- Bristol city, VA (1,344 per sq. mile ), Monmouth, NJ (1,348 per sq. mile ), Oakland, MI (1,392 per sq. mile ), -- less densely populated -- Santa Clara, CA (1,316 per sq. mile ), Baltimore, MD (1,313 per sq. mile ), Seminole, FL (1,303 per sq. mile ).

Summit County, Ohio has a population that is made of 81.9 percent White, 13.8 percent African American, 1.7 percent Asian, and 1.1 percent Hispanic. This area can be considered to have a high amount of racial and ethnic diversity, with 16.6 percent of minorities in the 2005 population base. This is greater than the State of Ohio percent of 15.5. Since 2000, Summit has increased the percent of minority population when 15.5 percent of the population was made up of minorities.

Since 2000, a medium-high amount of people migrated to Summit internationally. The migration from outside the US into Summit totals 4.1 percent of all immigration into Ohio. This percent of immigration can be considered medium-high when comparing levels of immigration per population in 2005.

The population division of the Census Bureau estimates in 2005 a median age in Summit County, Ohio to be 38.7 years of age. The median in Summit is greater than the median age for the State of Ohio of 37.6. Since the year 2000, the area has seen an increase in the median age, when it was 37.2 years old. With 23.8 percent of the population in 2005 being comprised of children and youth younger than 18, Summit can be described as being made up of a medium-high proportion of youths. The 18 to 64 years old population group has a medium-high presence of the population, with 62.3 percent of the population within the age group. People 65 and older make up 13.9 percent of the total population base. Compared to other counties throughout the nation, this represents a medium-low proportion of the population.

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

Friday, November 10, 2006

Housing Report for Summit County, Ohio

When compared to other counties in Ohio, Summit County ranks 37 of 88 in terms of percentage growth in new housing structures. The county ranks 1,414 of 3,141, when comparing thee change in housing structures in counties throughout the nation.

In Summit County, the census reported 240,329 homes in 2005. The county has experienced a growth in housing units, adding a total of 6,833 residential structures since 2001, a change of 2.9 percent.

The residential home values in Summit County, Ohio have seen large increases from the housing values in 2000. The residential values have increased by $29,000, or 26.6 percent, from their 2000 value of $109,100.

Summit County is made up of a medium proportion of high-valued homes. In 2005, the American Community Survey reported that 2 percent residential property is valued over $500k.

According to the data, there is a fair amount of affordable housing in Summit County, Ohio. In 2005, 42.8 percent of housing was valued under $125k.

Summit County had an owner-occupied dwelling median in 2005 of $138,100, published by the American Community Survey. This value is greater 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.

Data Source: U.S. Census Bureau

Monday, October 30, 2006

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

Manufacturing between the years 2001 and 2005, saw the greatest loss in employment in Summit County. The sector dealt with a loss of 6,306 jobs, or 14.6 percent of employment in the sector. These losses made up 70.5 percent of the total loss in employment during the period.

In Summit County, Manufacturing, Health care and social assistance, and the Retail Trade sectors, in terms of total employment, are the largest. Manufacturing produces the largest number of jobs in the area accounting for 15.5 percent of all the jobs in the county. This makes up 37,020 employees. The Health care and social assistance and Retail Trade industries make up 15.3 and 13.8 percent of the total jobs, respectively.

Management of companies and enterprises has seen the highest growth in employment from the years 2001-2005 in Summit County, with an industry growth of 181.1 percent. This is greater than the industry job change at the national level of 1.6 percent. The State of Ohio had an industry job change of 22.5 percent, during the time since 2001.

Management of companies and enterprises has the largest businesses in Summit County. The industry averages 108 employees per business. This is greater than the industry's national average of 40 and greater than the State of Ohio average establishment size of 71 for the Management of companies and enterprises industry.

In Summit County, Management of companies and enterprises, Utilities and Manufacturing industries, in terms of United States location quotient, are the most dominant in the region. The Management of companies and enterprises sector has a United State LQ of 3.5. This means the percent of total employment in the Management of companies and enterprises industry is 3.5 times the percent of the national average, This signifies that Summit County produces more than its local requirement of products and/or services of Management of companies and enterprises.







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

 

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