Labor
Force/Median Wages
LABOR FORCE
The
Youngstown-Warren MSA unemployment rate has significantly declined.
Even so, the area still boasts an abundant supply of qualified labor.
LABOR FORCE & EMPLOYMENT TRENDS
| |
LABOR FORCE |
EMPLOYMENT |
UNEMPLOYMENT RATE |
| Year |
MSA |
MSA |
MSA |
Ohio |
U.S. |
| 1995 |
340,028 |
319,128 |
6.1% |
4.9% |
5.6% |
| 1996 |
339,790 |
318,851 |
6.2% |
5.0% |
5.4% |
| 1997 |
342,564 |
322,637 |
5.8% |
4.6% |
4.9% |
| 1998 |
342,501 |
322,753 |
5.8% |
4.3% |
4.5% |
| 1999 |
340,084 |
321,500 |
5.5% |
4.3% |
4.2% |
| 2000 |
338,667 |
321,877 |
5.0% |
4.0% |
4.0% |
| 2001 |
333,304 |
314,146 |
5.7% |
4.4% |
4.7% |
| 2002 |
332,968 |
310,504 |
6.7% |
5.7% |
5.8% |
| 2003 |
334,571 |
310,225 |
7.3% |
6.2% |
6.0% |
2004
|
334,080 |
309,840 |
7.3%
|
6.2%
|
5.5%
|
| 2005 |
334,914 |
312,271 |
6.8% |
5.9% |
5.1% |
Source: Bureau of Labor Statistics, Civilian Labor Force Estimates, Annual Averages.
Youngstown-Warren Wage Comparison
Low labor costs provide companies located here with a competitive edge
Median
hourly wages for selected occupations
Occupational Title
|
YW
MSA Starting Wage Survey |
Median
Hourly Wage
|
YW
MSA
|
Ohio
|
US |
Professional
|
|
|
|
|
| Accountants and Auditors |
$18.81 |
$23.06 |
$23.17 |
$24.41 |
| Budget Analysts |
$19.06 |
$22.56 |
$26.96 |
$26.94 |
| Computer Programmers |
$22.04 |
$22.16 |
$27.61 |
$30.24 |
| Computer Software Engineers,
Systems Software |
$26.44 |
$40.01 |
$34.05 |
$38.34 |
| Electrical Engineers |
$21.64 |
$26.59 |
$31.27 |
$34.43 |
| Human Resources Managers |
$20.96 |
$30.24 |
$35.33 |
$39.33 |
| Network and Computer Systems
Administrators |
$ 18.43 |
$20.70 |
$26.66 |
$27.98 |
| Office |
|
|
|
|
| Computer Operators |
$10.47 |
$15.27 |
$14.22 |
$14.94 |
| Computer Support Specialists |
$14.42 |
$17.52 |
$19.57 |
$19.44 |
| Customer Service Representatives |
$10.00 |
$12.65 |
$12.86 |
$12.99 |
| Data Entry Keyers |
$8.00 |
$10.89 |
$10.97 |
$11.18 |
| Receptionists and Information
Clerks |
$8.32 |
$8.93 |
$10.04 |
$10.50 |
| Sales
Representatives, Wholesale and Manufacturing |
$19.23 |
$19.15 |
$22.05 |
$21.83 |
| Secretaries, Except Legal,
Medical, and Executive |
$10.09 |
$11.38 |
$12.36 |
$12.55 |
| Telemarketers |
$9.62 |
$9.10 |
$10.17 |
$9.82 |
| Manufacturing/Distribution |
|
|
|
|
| Computer-Controlled Machine Tool
Operators, Metal and Plastic |
$11.75 |
$11.77 |
$15.29 |
$14.75 |
| Electronic and Electrical
Equipment Assemblers |
$9.50 |
$14.08 |
$12.22 |
$11.68 |
| Laborers and Freight, Stock, and
Material Movers |
$9.18 |
$9.95 |
$10.37 |
$9.67 |
| Machinists |
$12.00 |
$17.26 |
$16.52 |
$16.33 |
| Team Assemblers |
$8.50 |
$10.40 |
$12.84 |
$11.42 |
| Welders, Cutters, Solderers, and
Brazers |
$11.00 |
$14.04 |
$14.98 |
$14.72 |
Source:
Ohio Department of Job and Family
Services, 2003 Labor Wage Estimates updated to 3rd Quarter 2004 and
Bureau of Labor Statistics,
most recent data dated May 2004. YW MSA Starting Wage Survey
conducted 3Q 2005, available here.
Economic Development Home
The
Regional Chamber
NE Ohio’s Source for Economic Development
Information and Assistance
Metropolitan Tower · 11 Federal
Plaza Central · Suite 1600 · Youngstown, OH 44503-1592
Phone: 330-744-2131 – Fax 330.746.0330
197 West Market Street · Warren, OH 44481-1024
Phone: 330-392-6140 – Fax 330.392.6040
Development@RegionalChamber.com
· www.RegionalChamber.com
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