Tag Archives: Columbus Ohio jobs

2012 Annual Jobs Data

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2012 annual jobs data

Columbus City
Civilian Labor Force January 2012: 422,500
Civilian Labor Force December 2012: 426,600
Yearly Change: +4,100
Employment January 2012: 392,700
Employment December 2012: 403,800
Yearly Change: +11,100
Unemployment January 2012: 29,800
Unemployment December 2012: 22,700
Yearly Change: -7,100
Unemployment Rate January 2012: 7.1%
Unemployment Rate December 2012: 5.3%
Yearly Change: -1.8%

Franklin County
Civilian Labor Force January 2012: 617,700
Civilian Labor Force December 2012: 623,900
Yearly Change: +6,200
Employment January 2012: 574,400
Employment December 2012: 590,600
Yearly Change: +16,200
Unemployment January 2012: 43,300
Unemployment December 2012: 33,300
Yearly Change: -10,000
Unemployment Rate January 2012: 7.0%
Unemployment Rate December 2012: 5.3%
Yearly Change: -1.7%

City and County numbers are rounded.

Columbus Metro Area
Civilian Labor Force January 2012: 949,737
Civilian Labor Force December 2012: 958,689
Yearly Change: +8,952
Employment January 2012: 880,680
Employment December 2012: 906,886
Yearly Change: +26,206
Unemployment January 2012: 69,057
Unemployment December 2012: 51,803
Yearly Change: -17,254
Unemployment Rate January 2012: 7.3%
Unemployment Rate December 2012: 5.4%
Yearly Change: -1.9%

Metro Area Continued
Non-Farm Jobs January 2012: 927,300
Non-Farm Jobs December 2012: 962,300
Yearly Change: +35,000

Metro Yearly Jobs Changes by Industry
Mining/Logging/Construction: +2,400
Manufacturing: +1,300
Trade/Transportation/Utilities: +10,700
Information: -100
Financial Activities: +1,800
Professional and Business Services: +4,400
Education and Health Services: +5,700
Leisure and Hospitality: +6,100
Other Services: +700
Government: +2,000

Ohio Overall
Civilian Labor Force January 2012: 5,780,410
Civilian Labor Force December 2012: 5,728,748
Yearly Change: -51,662
Employment January 2012: 5,339,657
Employment December 2012: 5,344,151
Yearly Change: +4,494
Employment January 2012: 440,753
Employment December 2012: 384,597
Yearly Change: -56,156
Unemployment Rate January 2012: 7.6%
Unemployment Rate December 2012: 6.7%
Yearly Change: -0.9%

Local employment data back to 1990 is at Columbus MSA Economy



Columbus as a Tech City

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Columbus has been mentioned a few times over the years as a growing tech job market. Forbes named it the #1 Up and Coming Tech City in 2008, for example, although Forbes seems to randomly choose cities for its exhausting number of rankings each year, so that can be taken with a grain of salt. So is Columbus as a tech city really a thing? The latest ranking suggests it might be.

The actual tech growth numbers aren’t subjective. Out of the 51 largest metros, here is how Columbus ranked the last decade or so in STEM jobs (Science, Technology, Engineering and Mathematics).

2001-2012 % Growth in Total STEM Jobs: +10.4% Rank of 51: 13th
2005-2012 % Growth in Total STEM Jobs: +12.8% Rank of 51: 9th
2010-2012 % Growth in Total STEM Jobs: +4.7% Rank of 51: 16th
2012 Location Quotient*: 1.27 LQ Rank of 51: 14th
2001-2012 Location Quotient Change: +7.6% Change Rank of 51: 5th

*Location Quotient is the local share of STEM jobs divided by the national share of STEM jobs. Anything above 1.0 indicates that the local share is higher than the national average.

So Columbus is clearly doing well and is handily beating out many much larger cities. It is one of only two Midwestern cities in the top 15 (Indianapolis is #15), and its rate of growth in concentration of STEM jobs is in the top 5 nationally. As the article discusses, traditional tech centers are actually losing STEM jobs while other areas, like Columbus, are gradually becoming bigger players. A well-educated workforce is paramount, and one of Columbus’ greatest strengths is its abundance of colleges and universities and young population. There are over 100,000 students in the area, and this ensures a strong workforce available for tech jobs. An example of how this attracts new STEM jobs was the recently announced plan by IBM to open its worldwide HQ for Advanced Analytics in Dublin along with 500 new jobs. The article with more details on this project can be found here.