Friday, February 23, 2007

Wood County Five-Year Industry Employment Change

Wood County Five-Year Percentage Decline in Employment

The Support activities for road transportation industry has seen the largest percentage drop in employment, losing 94.8 percent of the jobs from 2001 to 2006. These have declined faster than the industry sector has felt in the State of Ohio, where the industry sector experienced a gain of 4.8 percent. The losses in the Support activities for road transportation industry in Wood County outpaced the United States in terms of percentage decline of industry employment. In this period, the United States gained 18.2 percent in terms of employment in the Support activities for road transportation industry.

Top 5 Industries
1. Support activities for road transportation (94.8 percent decline)
2. Social advocacy organizations (73.5 percent decline)
3. Death care services (61.6 percent decline)
4. Other professional and technical services (54.4 percent decline)
5. Travel arrangement and reservation services (52.3 percent decline)

Total employment has decreased by 0.1 percent since the 2nd Quarter of 2001. This is less than growth in Ohio, experiencing a loss of -2.8 percent since 2001 ( 2nd Quarter). The losses in the area were greater than than the gain reported at the US level of 2.6 percent.

Wood County Five-Year Percentage Growth in Employment

The Warehousing and storage industry has witnessed the largest percentage of employment expansion, increasing by 627.7 percent from 2001 (2nd quarter) to 2006 (2nd quarter). This industry sector in Wood County has grow faster than the industry job growth experienced in Ohio, where this industry saw a gain of 46.1 percent. The Warehousing and storage industry in Wood County outpaced the nation in terms of industry employment growth . During this period, the nation gained 22.1 percent of the employment in this industry.

Top 5 Industries
1. Warehousing and storage (627.7 percent gain)
2. Advertising and related services (558.8 percent gain)
3. Activities related to credit intermediation (420.0 percent gain)
4. Commercial machinery repair and maintenance (347.6 percent gain)
5. Other schools and instruction (245.2 percent gain)

Given the 108 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 50 showed an escalation in the number employed, while 57 industries reported employment loss in the period.

Total Five-Year Employment Decline in Wood County

The Employment services industry witnessed the largest drop in employment, losing a total of 911 jobs during the time period. The jobs lost in the Employment services industry make up 17.8 percent of the employment lost during the period in Wood County, Ohio.

Top 5 Industries
1. Employment services (911 jobs lost)
2. Other professional and technical services (527 jobs lost)
3. Other general merchandise stores (317 jobs lost)
4. General freight trucking (300 jobs lost)
5. Plastics product manufacturing (267 jobs lost)

In Wood County, Ohio, the entire sum of jobs in all industries overall has decreased by 70 jobs from mid-2001 to mid-2006.

Total Five-Year Employment Growth in Wood County

Of the industries (4-digit NAICS) in the area, the Warehousing and storage industry has added the most employment with 793 new jobs created in the period. The job growth in the Warehousing and storage industry makes up 14.2 percent of the total number of new jobs in Wood County.

Top 5 Industries
1. Warehousing and storage (793 new jobs)
2. Limited-service eating places (694 new jobs)
3. Full-service restaurants (581 new jobs)
4. Specialized freight trucking (225 new jobs)
5. Building material and supplies dealers (216 new jobs)





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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