BLSSummary Cleveland OH

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www.bls.gov Cleveland, OH, Area Economic Summary Updated February 03, 2016 Midwest Information Office • [email protected] • www.bls.gov/regions/midwest • 3123531880 Overtheyear changes in employment on nonfarm payrolls and employment by major industry sector Source: U.S. BLS, Current Employment Statistics. Average weekly wages for all industries by county 0.0 0.5 1.0 1.5 2.0 2.5 3.0 Dec12 Dec13 Dec14 Dec15 Percent Cleveland area United States Source: U.S. BLS, Current Employment Statistics. 12month percent changes in employment This summary presents a sampling of economic information for the area; supplemental data are provided for regions and the nation. Subjects include unemployment, employment, wages, prices, spending, and benefits. All data are not seasonally adjusted and some may be subject to revision. Area definitions may differ by subject. For more area summaries and geographic definitions, see www.bls.gov/regions/economicsummaries.htm. 3.2 4.5 3.7 4.0 3.9 4.8 4.3 5.7 4.9 5.3 5.2 5.4 0.0 2.0 4.0 6.0 Medina Co. Lorain Co. Lake Co. Cuyahoga Co. Cleveland area United States Dec14 Dec15 Source: U.S. BLS, Local Area Unemployment Statistics. Unemployment rates for the Cleveland area, selected area counties, and the nation Unemployment rates Cleveland area, 2nd quarter 2015 (U.S. = $968; Area = $912) Source: U.S. BLS, Quarterly Census of Employment and Wages. Cleveland area employment (numbers in thousands) Dec. 2015 Change from Dec. 2014 to Dec. 2015 Number Percent Total nonfarm 1,068.1 23.3 2.2 Mining, logging, and construction 36.6 4.1 12.6 Manufacturing 124.4 0.4 0.3 Trade, transportation, and utilities 188.0 3.1 1.7 Information 15.0 0.4 2.7 Financial activities 68.3 3.7 5.7 Professional and business services 146.2 2.7 1.8 Education and health services 205.2 7.5 3.8 Leisure and hospitality 105.8 5.0 5.0 Other services 41.8 0.7 1.7 Government 136.8 1.1 0.8

description

Cleveland, Area Survey, Summary

Transcript of BLSSummary Cleveland OH

Page 1: BLSSummary Cleveland OH

       

 

 

www.bls.gov 

 

Cleveland, OH, Area Economic Summary 

 

Updated February 03, 2016 

Midwest Information Office • [email protected] • www.bls.gov/regions/midwest • 312‐353‐1880 

 

 

 

 

 

 

 

 

 

 

 

   

 

 

 

 

 

 

 

 

 

 

Over‐the‐year changes in employment on nonfarm payrolls and employment by major industry sector                                               

  Source: U.S. BLS, Current Employment Statistics. 

 

Average weekly wages for all industries by county 

 

                 

 

 

0.0

0.5

1.0

1.5

2.0

2.5

3.0

Dec‐12 Dec‐13 Dec‐14 Dec‐15

Percent

Cleveland area United States

Source: U.S. BLS, Current Employment Statistics.

12‐month percent changes in employment

 This summary presents a sampling of economic information for the area; supplemental data are provided for regions and the nation. Subjects include unemployment, employment, wages, prices, spending, and benefits. All data are not seasonally adjusted and some may be subject to revision. Area definitions may differ by subject. For more area summaries and geographic definitions, see www.bls.gov/regions/economic‐summaries.htm. 

3.2 

4.5 

3.7 

4.0 

3.9 

4.8 

4.3 

5.7 

4.9 

5.3 

5.2 

5.4 

0.0 2.0 4.0 6.0

Medina Co.

Lorain Co.

Lake Co.

Cuyahoga Co.

Clevelandarea

United States

Dec‐14 Dec‐15

Source: U.S. BLS, Local Area Unemployment Statistics.

Unemployment rates

 

                                       for the Cleveland area, selected area counties, and the nation Unemployment rates   

Cleveland area, 2nd quarter 2015 (U.S. = $968; Area = $912) 

  Source: U.S. BLS, Quarterly Census of Employment and Wages. 

Cleveland area employment (numbers in thousands) 

Dec. 2015 

Change from Dec. 

2014 to Dec. 2015 

Number  Percent 

Total nonfarm  1,068.1  23.3  2.2 

  Mining, logging, and construction  36.6  4.1  12.6 

  Manufacturing  124.4  0.4  0.3 

  Trade, transportation, and utilities  188.0  3.1  1.7 

  Information  15.0  0.4  2.7 

  Financial activities  68.3  3.7  5.7 

  Professional and business services  146.2  ‐2.7  ‐1.8 

  Education and health services  205.2  7.5  3.8 

  Leisure and hospitality  105.8  5.0  5.0 

  Other services  41.8  0.7  1.7 

  Government  136.8  1.1  0.8 

Page 2: BLSSummary Cleveland OH

 

 

  Midwest Information Office • [email protected] • www.bls.gov/regions/midwest • 312‐353‐1880 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Average hourly wages for selected occupations

        

 

Over‐the‐year changes in the selling prices received by producers for selected industries nationwide 

 

  

Over‐the‐year change in the prices paid by urban consumers for selected categories 

 

 

 

 

 

 

 

 

 

Average annual spending and percent distribution for selected categories 

Housing$15,43531.0%

Trans‐portation$8,94318.0%

Food$6,81413.7%

Personal insurance & pensions$5,94911.9%

Healthcare$3,6867.4%

All other$8,96218.0%

Source: U.S. BLS, Consumer Expenditure Survey.

Total:

‐0.4

1.1

‐16.0

0.5 1.3

‐14.7

‐18.0

‐16.0

‐14.0

‐12.0

‐10.0

‐8.0

‐6.0

‐4.0

‐2.0

0.0

2.0

4.0

All Items Food Energy

Cleveland area U.S. city average

Source: U.S. BLS, Consumer Price Index.

 

 

 

Occupation Cleveland 

area United States 

Total, all occupations  $22.26  $22.71 

Computer systems analysts  37.37  41.98 

Accountants and auditors  33.40  35.42 

Registered nurses  31.46  33.55 

Carpenters  24.35  21.92 

Construction laborers  19.24  17.19 

Machinists  19.06  19.97 

Customer service representatives  17.45  16.29 

Team assemblers  16.11  14.78 

Retail salespersons  12.42  12.38 

Home health aides  9.95  10.77 

Waiters and waitresses  9.83  10.40 

Cooks, fast food  8.87  9.15 

Source: U.S. BLS, Occupational Employment Statistics, May 2014. 

Employer costs per hour worked for wages and selected employee benefits by geographic division 

Over‐the‐year changes in wages and salaries

0.0

0.5

1.0

1.5

2.0

2.5

3.0

Dec‐12 Dec‐13 Dec‐14 Dec‐15

Percent

East North Central United States

12‐month percent changes in ECI 

Source: U.S. BLS, Employment Cost Index.

‐4.0

‐3.0

‐2.0

‐1.0

0.0

1.0

2.0

3.0

4.0

5.0

Dec‐12 Dec‐13 Dec‐14 Dec‐15

Percent

General freight truckingHospitalsFabricated metal product mfg

12‐month percent changes in PPI

Source: U.S. BLS, Producer Price Index.

 

Private industry, September 2015 East North Central (1) 

United States 

Total compensation  $29.56  $31.53 

Wages and salaries  20.49  21.98 

Total benefits  9.07  9.55 

Paid leave  2.00  2.17 

Vacation  1.09  1.13 

Supplemental pay  0.85  1.04 

Insurance  2.69  2.59 

Retirement and savings  1.13  1.25 

Legally required benefits  2.39  2.51 

(1) East North Central includes IL, IN, MI, OH, and WI. Source: U.S. BLS, Employer Costs for Employee Compensation. 

 

12‐month percent change in CPI‐U, November 2015

Cleveland area average annual expenditures 2013‐14 

$49,789