Ohio Q1, 2019 Employment Statistics- 300,193 employers, up 1.1% from 296,955
- 5,345,882 employees, up 0.9% from 5,299,133
- $1,035 average weekly wage, up 3.0% from $1,005
- The average weekly wage is 12.6% below the national average
- The cost of living is 7.2% below the national average
Employer & Employee Growth
In the last year, the number of employers in the state increased by 3,238, which is an increase of 1.1%. The number of employees in Ohio increased by 46,749, an increase of 0.9%. During this same period, the average weekly wage increased by $30, an increase of 3.0%.
The number of private employers increased since last years' Q1. The number of private businesses increased by 3,155 or 1.1%. Growth in private businesses in Ohio grew slower than the national average of 3.0%. The number of employees in these businesses increased since last years' Q1, increasing by 37,350 or 0.8%. The growth in employees of private businesses in Ohio was slower than the national average of 1.7%.
The average weekly wage of employees of private businesses increased since last years' Q1. The averge weekly wage increased by $31 or 3.1%. Growth in average weekly wage of employees of private businesses in Ohio grew faster than the national average of 3.0%.
Leading Sectors
Businesses by Sector
The sector with the greatest number of businesses in the state is Retail trade with 11.8% of the businesses in the state. The number of businesses in this sector increased by 0.2%. Professional services (11.2%), which increased by 2.2% and Healthcare (10.6%), which increased by 2.5%, round out the 3 largest sectors.
Table: Sectors by Year-over-Year Qtly Business Change %
| Sector | Change Biz | % Change |
|---|---|---|
| Information | 278 | 6.1% |
| Agriculture and forestry | 53 | 3.3% |
| Transport and warehousing | 260 | 3.0% |
| Utilities | 17 | 2.9% |
| Healthcare | 780 | 2.5% |
| Professional services | 713 | 2.2% |
| Real estate and rental | 233 | 2.1% |
| Company management | 40 | 1.8% |
| Accommodation and food services | 300 | 1.2% |
| Finance and insurance | 135 | 0.8% |
| Waste services | 122 | 0.7% |
| Construction | 140 | 0.6% |
| Arts and entertainment | 24 | 0.6% |
| Retail trade | 56 | 0.2% |
| Manufacturing | 24 | 0.2% |
| Educational services | 1 | 0.0% |
| Other services | 4 | 0.0% |
| Wholesale trade | -77 | -0.3% |
| Mining and oil extraction | -5 | -0.6% |
Employees by Sector
The sector with the greatest number of employees in the state is Healthcare with 15.2% of the employees in the state, had an increase in employees of 1.1% in the last year. Manufacturing (13.1%), increased by 1.3% and Retail trade (10.3%), decreased by 1.8%, round out the top 3 sectors.Table: Sectors by Year-over-Year Qtly Employee Change %
| Sector | Employee Change | % Change |
|---|---|---|
| Transport and warehousing | 9,356 | 4.8% |
| Construction | 9,114 | 4.7% |
| Arts and entertainment | 2,792 | 4.3% |
| Agriculture and forestry | 469 | 3.3% |
| Real estate and rental | 2,030 | 3.3% |
| Professional services | 5,973 | 2.3% |
| Wholesale trade | 4,860 | 2.1% |
| Manufacturing | 8,670 | 1.3% |
| Healthcare | 8,457 | 1.1% |
| Finance and insurance | 2,019 | 0.9% |
| Company management | 1,113 | 0.8% |
| Accommodation and food services | 3,646 | 0.8% |
| Other services | 481 | 0.3% |
| Mining and oil extraction | -1 | 0.0% |
| Utilities | -338 | -1.8% |
| Retail trade | -10,096 | -1.8% |
| Waste services | -5,695 | -1.8% |
| Information | -1,369 | -1.9% |
| Educational services | -4,365 | -4.5% |
Average Weekly Wage by Sector
The sector that pays their employees the highest is Company management paying $2,747per week compared with the state average of $1,032. Weekly wages in this sector rose by $146 or 5.6%. Utilities ($2,369), rose by $32 or 1.4% and Finance and insurance ($1,919) increased by $39 or 2.1% round out the 3 largest sectors.Table: Sectors by Year-over-Year Weekly Wage Change %
| Sector | Wage Change | Change % |
|---|---|---|
| Agriculture and forestry | $40 | 6.2% |
| Company management | $146 | 5.6% |
| Educational services | $36 | 5.3% |
| Mining and oil extraction | $70 | 5.0% |
| Arts and entertainment | $32 | 4.9% |
| Real estate and rental | $45 | 4.6% |
| Information | $61 | 4.3% |
| Accommodation and food services | $12 | 3.8% |
| Waste services | $26 | 3.8% |
| Healthcare | $31 | 3.5% |
| Professional services | $48 | 3.4% |
| Other services | $22 | 3.4% |
| Retail trade | $15 | 2.8% |
| Finance and insurance | $39 | 2.1% |
| Transport and warehousing | $20 | 2.0% |
| Utilities | $32 | 1.4% |
| Wholesale trade | $19 | 1.3% |
| Manufacturing | $15 | 1.2% |
| Construction | $9 | 0.8% |
Leading Industries
Businesses by Industry
Each broad sector is made up of specific industries. In Ohio. the industry with the most businesses is Restaurants and other eating places with 6.5% of the businesses in the state (with 19,383 employing 403,344 workers). The Restaurants and other eating places industry had 279 more businesses, an increase of 1.5% in the last year. Computer systems design and related services (3.0% of businesses) added 327 businesses, an increase of 3.8% and Offices of physicians (2.3% of businesses) added 111 businesses, an increase of 1.6% round out the 3 industries with the most businesses.Table: Top 7 Industries by Business Change %
| Industry | Business Chg | % Change |
|---|---|---|
| Trusts estates and agency accounts | 28 | 82.4% |
| Emergency and other relief services | 27 | 73.0% |
| Other sound recording industries | 1 | 50.0% |
| Other consumer goods rental | 229 | 46.2% |
| Cement manufacturing | 4 | 44.4% |
| Food crops grown under cover | 7 | 43.8% |
| Scenic and sightseeing transportation land | 3 | 37.5% |
Table: Top 7 Industries by Business Change #
| Industry | Business Chg | % Change |
|---|---|---|
| Computer systems design and related services | 327 | 3.8% |
| Restaurants and other eating places | 279 | 1.5% |
| Services for the elderly and disabled | 231 | 13.3% |
| Other consumer goods rental | 229 | 46.2% |
| Management consulting services | 203 | 4.2% |
| Offices of real estate agents and brokers | 191 | 7.8% |
| Software publishers | 145 | 16.0% |
Employees by Industry
Computer systems design and related services (3.0% of employees) added 327 employees, an increase of 3.8% and Offices of physicians (2.3% ofemployees) added 111 employees, an increase of 1.6% round out the 3 industries with the most employees.Table: Top 7 Industries by Employee Change %
| Industry | Emp Chg | % Change |
|---|---|---|
| Poultry product merchant wholesalers | 623 | 204.6% |
| Hay farming | 18 | 85.7% |
| Securities and commodity exchanges | 4 | 71.8% |
| Nonwoven fabric mills | 174 | 51.4% |
| Food crops grown under cover | 160 | 49.5% |
| Scenic and sightseeing transportation land | 33 | 47.8% |
| Rail transportation | 4 | 43.4% |
Table: Top 7 Industries by Employee Change #
| Industry | Emp Chg | % Change |
|---|---|---|
| General warehousing and storage | 3,516 | 6.9% |
| General medical and surgical hospitals | 2,897 | 1.2% |
| Restaurants and other eating places | 2,736 | 0.7% |
| Computer systems design and related services | 2,220 | 3.6% |
| Couriers and express delivery services | 2,149 | 9.4% |
| Offices of physicians | 2,070 | 2.2% |
| Services for the elderly and disabled | 1,779 | 4.6% |
Average Weekly Wage by Industry
Computer systems design and related services ($3) and Offices of physicians ($2) round out the top 3 industries. Employees in the Computer systems design and related services ($3 per week) were paid $327 more per week, an increase of 3.8% and Offices of physicians ($2 per week) were paid $111 more per week, an increase of 1.6% round out the 3 industries that pay their employees the most.Table: Top 7 Industries by Wage Change %
| Industry | Wkly Chg | % Change |
|---|---|---|
| Men's and boys' clothing merchant wholesalers | $1,559 | 144.0% |
| Other depository credit intermediation | $1,738 | 117.3% |
| Cable and other subscription programming | $575 | 94.3% |
| Trusts estates and agency accounts | $756 | 91.5% |
| Educational support services | $374 | 71.6% |
| Other gambling industries | $274 | 44.8% |
| Soap and cleaning compound manufacturing | $1,001 | 43.1% |
Table: Top 7 Industries by Wage Change $
| Industry | Wkly Chg | % Change |
|---|---|---|
| Other depository credit intermediation | $1,738 | 117.3% |
| Men's and boys' clothing merchant wholesalers | $1,559 | 144.0% |
| Soap and cleaning compound manufacturing | $1,001 | 43.1% |
| Nonscheduled air transportation | $994 | 33.3% |
| Spectator sports | $885 | 26.3% |
| Trusts estates and agency accounts | $756 | 91.5% |
| Cable and other subscription programming | $575 | 94.3% |
Company Size
Ohio Businesses by Size
The solopreneur company, has the most businesses in Ohio. 53.7% of all businesses in the state have fewer than 5 employees. The 268,747 small businesses in the state represent 94.0% of all private businesses. The national average is 92.9%. (Small businesses have fewer than 50 employees, Solopreneurs employ fewer than 5.) Ohio added 3,155 businesses in the last year, an increase of 1.1% as compared to the national average of 3.0%.Small businesses are defined as companies with fewer than 50 employees. These small businesses added 3,112 businesses in the last year, which is an increase of 1.2% as compared to the national average of 3.1%.
Mid-sized businesses are defined as companies with between 50 and 499 employees. These mid-sized businesses added 51 businesses in the last year, which is an increase of 0.3% as compared to the national average of 1.3%.
Large businesses are defined as companies with more than 500 employees. These large businesses declined 8 businesses in the last year, which is a decrease of 1.2% as compared to the national average of 2.1%.
Ohio Employees by Business Size
Ohio added 112,049 employees in the last year, an increase of 2.5% as compared to the national average of 5.2%. Small businesses are defined as companies with fewer than 50 employees. These small businesses added 83,644 businesses in the last year, which is an increase of 45.2% as compared to the national average of 4.2%.Mid-sized businesses are defined as companies with between 50 and 499 employees. Mid-sized businesses added 21,357 employees in the last year, which is an increase of 1.1% as compared to the national average of 4.7%.
Large businesses are defined as companies with more than 500 employees. Large businesses added 7,048 employees in the last year, which is an increase of 0.9% as compared to the national average of 9.2%.
Ohio Avg Weekly Wages by Business Size
Ohio workers in every size business are paid less than the national average. The smallest companies in Ohio (those with fewer than 5 employees) pay workers 0.5% less than the national average ($1,000 per week as compared to the national average of $1,005 per week). The largest companies in Ohio (those with more than 1,000 employees) pay 24.1% workers below the national average ($1,541 per week as compared to the national average of $1,913 per week).Average weekly wages in small businesses added $85 per week in the last year, which is an increase of 2.5% as compared to the national average of 3.1%. Employees of mid-sized businesses added $90 in wages per week in the last year, which is an increase of 3.0% as compared to the national average of 1.3%.
Employees of large businesses added $96 of weekly wages in the last year, which is an increase of 3.3% as compared to the national average of 2.1%.
Data Sources
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