Introduction
Trumbull County vs. Ohio
Trumbull County:
2022 Avg. Earnings = $50,578
2022 Percent of State = 78.41%
Ohio:
2022 Avg. Earnings = $64,508
The United States economy has generated an impressive number of jobs since the 1970s. The contrast between the nation's vigorous employment growth and the modest performance of other major industrial countries is striking. Despite this rosy track record, the real (inflation adjusted) wages and salaries of many workers have stagnated or slipped in recent years. This development has provoked concerns about the quality of new jobs. Structural shifts in the composition of employment--from high-wage goods-producing to low-wage services-related sectors--is the culprit most often cited for the deteriorating quality of jobs.
Regions vary greatly in the make-up of their labor force, in their industry composition of employment, and their economic experience. Reviewing and examining recent developments in average earnings per job in Trumbull County with comparisons to Ohio and the nation is an important first step in understanding the economic forces at play in Trumbull County.
Discussion: Average Annual Earnings Per Job are computed by dividing BEA total industry earnings estimates by the BEA total full- and part-time jobs estimates. No convenient or adequate means exist at the county or regional level for converting the job estimates to a full-time equivalent measure. So, interpret the average earnings per job estimates with caution in consideration of the following issues:
Average earnings per job within industries involving more part-time work is lower than industries involving more full-time work, although there could be little difference in the underlying wage of full-time workers. Such differences could also prevail between counties and regions. An increase in the proportion of part-time jobs over time may erode average earnings per job estimates, although full-time earnings per worker may have remained unchanged.
As with per capita income, average earnings per job may be subject to extreme short-run variation, especially in smaller counties. Major construction projects relating to building dams, nuclear power plants, and private plant construction projects have caused extreme fluctuations in many smaller counties. Such changes typify both small and large agriculture-dependent counties owing to the extreme annual variations in farm incomes. Also, Since average earnings per job are just a simple average, it does not account for variations in the distribution of earnings among high- vs. low-wage jobs.
Page 2 of 13
Trumbull County Average Earnings Per Job, 1970-2022
Current vs. Constant Dollars
Trumbull County Average Earnings Per Job, 1970-2022
Current vs. Constant Dollars
Figure 1.
Figure 1 depicts Trumbull County's annual average earnings per job over 1970-2022 in current and constant (2017) dollars. Constant dollar measurements remove the effects of inflation. They allow for comparison of changes in the real purchasing power of Trumbull County over time.
When measured in current dollars, Trumbull County's average earnings per job increased 498.10%, from $8,456 in 1970 to $50,578 in 2022. When measured in constant 2017 dollars to adjust for inflation, it advanced 1.88%, from $42,782 in 1970 to $43,585 in 2022.
Page 3 of 13
Real Average Earnings Per Job, 1969-2022
Real Average Earnings Per Job, 1969-2022
Figure 2.
Figure 2 tracks Trumbull County's and Ohio's annual real average earnings per job for the period 1969-2022 to illustrate real average earnings per job patterns over time. During this 54-year period, Trumbull County's real average earnings per job dropped from $43,783 in 1969 to $43,585 in 2022, for a net loss of ($197), or -0.45%. In comparison, Ohio's real average earnings per job increased from $40,426 in 1969 to $55,590 in 2022, for a net gain of $15,164, or 37.51%.
Page 4 of 13
Real Average Earnings Per Job Indices (1969=100): 1969-2022
Real Average Earnings Per Job Indices (1969=100): 1969-2022
Figure 3.
Figure 3 shows Trumbull County's real average earnings per job growth in a broader context by offering direct comparisons across time with Ohio, the United States. The growth indices shown here express each region's real average earnings per job in 1969 as a base figure of 100, and the real average earnings per jobs in later years as a percentage of the 1969 base figure. This method allows for more direct comparison of differences in real average earnings per job growth between regions that may differ vastly in size.
Trumbull County's overall real average earnings per job growth was -0.45% over 1969-2022 trailed Ohio's increase of 37.51%, and fell below the United States' increase of 62.26%.
Page 5 of 13
Average Earnings Per Job as a Percent of the U.S. Average: 1969-2022
Average Earnings Per Job as a Percent of the U.S. Average: 1969-2022
Figure 4.
Figure 4 displays the trends for average earnings per job relative to the national average by tracing Trumbull County and Ohio average earnings per job as a percent of the national average over 1969-2022.
In 1969, Trumbull County's average earnings per job amounted to 115.16% of the national average; in 2022, it approximated 70.65%. Similarly, in 1969, Ohio's average earnings per job totaled 106.33% of the national average; in 2022, it consisted of 90.11%.
Page 6 of 13
Trumbull County Real Average Earnings Per Job:
Annual Percent Change, 1970-2022
Trumbull County Real Average Earnings Per Job:
Annual Percent Change, 1970-2022
Figure 5.
Figure 5 highlights the short-run pattern of Trumbull County's real average earnings per job growth by tracking the year-to-year percent change over 1970-2022. The average annual percent change for the entire 53-year period is also illustrated on this chart to provide a benchmark for gauging periods of relative high--and relative low--growth against the backdrop of the long-term average.
On average, Trumbull County's real average earnings per job grew at an annual rate of 0.06% over 1970-2022. The county recorded its highest growth in 1972 (6.98%) and recorded its lowest growth in 1974 (-7.32%). In 2022, Trumbull County's real average earnings per job declined by -4.85%
Page 7 of 13
Trumbull County Real Average Earnings Per Job:
Annual Percent Change and Decade Averages Over 1970-2022
Trumbull County Real Average Earnings Per Job:
Annual Percent Change and Decade Averages Over 1970-2022
Figure 6.
Over the past five decades some counties have experienced extreme swings in growth, and often such swings have tended to coincide with the decades themselves. Figure 6 again depicts the annual percent change in Trumbull County's real average earnings per job since 1970, but this time they are displayed with average growth rates for the decade of the 1970s, 1980s, 1990s, 2000s, 2010s, and 2020-2022.
During the 1970s, Trumbull County's annual real average earnings per job growth rate averaged 1.79%. It averaged 0.01% in the 1980s, -0.13% in the 1990s, -1.16% throughout the 2000s, 0.14% throughout the 2010s, -1.14% thus far this decade (2020-2022).
Page 8 of 13
Real Average Earnings Per Job Growth:
Average Annual Percent Change by Decade
Real Average Earnings Per Job Growth:
Average Annual Percent Change by Decade
Figure 7.
Figure 7 compares the decade average growth rates for Trumbull County noted in the previous graph with the corresponding decade averages for Ohio and the nation. As the chart reveals, Trumbull County's average annual real average earnings per job growth exceeded Ohio's average in the 1970s (1.79% vs. 0.70%), fell below Ohio's average during the 1980s (0.01% vs. 0.15%), fell below Ohio's average in the 1990s (-0.13% vs. 1.24%), amounted to less than Ohio's average in the 2000s (-1.16% vs. 0.40%), trailed Ohio's average throughout the 2010s (0.14% vs. 0.95%), and lagged Ohio's average over the 3 year period of the current decade, 2020-2022 (-1.14% vs. -0.55%).
Finally, relative to nationwide real average earnings per job growth trends, Trumbull County outpaced the nation throughout the 1970s (1.79% vs. 0.89%), lagged the nation throughout the 1980s (0.01% vs. 0.71%), recorded underneath the nation during the 1990s (-0.13% vs. 1.68%), fell under the nation over the 2000s (-1.16% vs. 0.72%), fell below the nation in the 2010s (0.14% vs. 1.01%), and trailed the nation over 2020-2022 (-1.14% vs. -0.24%).
   
 
Real* Average Earnings Per Job Growth:
Average Annual Percent Change
 
 
 
0.06
1.79
0.01
-0.13
-1.16
0.14
-1.14
-4.85
 
0.62
0.70
0.15
1.24
0.40
0.95
-0.55
-4.28
 
0.93
0.89
0.71
1.68
0.72
1.01
-0.24
-4.51
 
   
Page 9 of 13

Interactive TableTip: To augment your analysis click on the column headers in the following table to rank and/or sort the data.

   
 
Trumbull County:
Average Earnings Per Job, 1969-2022
 
1969
 
8,267
0.189
43,783
100.0
N
108.30
115.16
1970
 
8,456
0.198
42,782
97.7
-2.28
106.54
111.33
1971
 
9,242
0.206
44,855
102.4
4.85
109.50
114.06
1972
 
10,225
0.213
47,985
109.6
6.98
113.18
117.65
1973
 
11,447
0.225
50,975
116.4
6.23
118.09
122.60
1974
 
11,713
0.248
47,244
107.9
-7.32
113.51
117.98
1975
 
12,452
0.269
46,358
105.9
-1.88
112.99
116.23
1976
 
13,845
0.283
48,866
111.6
5.41
115.09
119.88
1977
 
15,349
0.302
50,866
116.2
4.09
117.59
123.67
1978
 
16,849
0.323
52,202
119.2
2.63
119.94
125.20
1979
 
18,198
0.351
51,784
118.3
-0.80
119.71
124.92
1980
 
19,469
0.389
50,013
114.2
-3.42
120.77
124.35
1981
 
21,413
0.424
50,484
115.3
0.94
123.09
125.47
1982
 
21,115
0.448
47,163
107.7
-6.58
116.11
117.38
1983
 
23,346
0.467
50,017
114.2
6.05
121.61
123.39
1984
 
25,413
0.484
52,464
119.8
4.89
122.93
125.92
1985
 
26,483
0.501
52,830
120.7
0.70
122.93
125.33
1986
 
26,213
0.512
51,178
116.9
-3.13
118.34
118.73
1987
 
25,710
0.528
48,692
111.2
-4.86
112.65
111.17
1988
 
27,615
0.549
50,332
115.0
3.37
114.62
113.14
1989
 
29,428
0.573
51,393
117.4
2.11
117.24
115.59
1990
 
28,992
0.598
48,502
110.8
-5.63
110.90
109.00
1991
 
29,601
0.618
47,918
109.4
-1.20
110.30
107.49
1992
 
31,655
0.634
49,914
114.0
4.17
110.40
107.75
1993
 
32,658
0.650
50,243
114.8
0.66
111.05
108.50
1994
 
34,380
0.664
51,812
118.3
3.12
113.27
111.23
1995
 
33,687
0.678
49,720
113.6
-4.04
109.46
106.59
1996
 
33,809
0.692
48,854
111.6
-1.74
106.85
103.04
1997
 
34,837
0.704
49,479
113.0
1.28
105.70
101.81
1998
 
35,187
0.710
49,582
113.2
0.21
102.07
97.71
1999
 
36,373
0.720
50,517
115.4
1.89
102.01
96.35
2000
 
36,529
0.738
49,482
113.0
-2.05
99.22
91.54
2001
 
37,005
0.753
49,143
112.2
-0.69
97.34
89.22
2002
 
38,306
0.763
50,211
114.7
2.17
97.80
90.33
2003
 
39,934
0.779
51,268
117.1
2.10
98.57
91.48
2004
 
41,214
0.798
51,630
117.9
0.71
98.08
90.67
2005
 
41,344
0.821
50,342
115.0
-2.49
97.00
88.63
2006
 
44,524
0.844
52,729
120.4
4.74
101.11
91.91
2007
 
44,129
0.866
50,953
116.4
-3.37
98.21
89.36
2008
 
42,285
0.892
47,421
108.3
-6.93
92.07
84.07
2009
 
39,729
0.889
44,679
102.0
-5.78
86.72
79.39
2010
 
42,083
0.905
46,493
106.2
4.06
88.85
80.63
2011
 
45,065
0.928
48,560
110.9
4.44
91.62
84.03
2012
 
45,222
0.945
47,837
109.3
-1.49
89.64
82.13
2013
 
45,106
0.958
47,093
107.6
-1.55
87.31
80.78
2014
 
45,474
0.971
46,822
106.9
-0.58
86.55
79.79
2015
 
46,911
0.973
48,214
110.1
2.97
87.54
80.87
2016
 
47,072
0.983
47,894
109.4
-0.66
87.21
80.49
2017
 
47,342
1.000
47,342
108.1
-1.15
85.19
78.47
2018
 
48,145
1.020
47,179
107.8
-0.34
84.69
77.52
2019
 
46,753
1.035
45,166
103.2
-4.27
79.80
72.58
2020
 
48,035
1.046
45,907
104.9
1.64
78.55
71.29
2021
 
49,928
1.090
45,805
104.6
-0.22
78.87
70.90
2022
 
50,578
1.160
43,585
99.5
-4.85
78.41
70.65
Source: Calculations by the Ohio Regional Economic Analysis Project (OH-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis
November 2023
REAP_PI_CA1400_1400_PSN
 
   
Page 10 of 13

Interactive TableTip: To augment your analysis click on the column headers in the following table to rank and/or sort the data.

   
 
Ohio:
Average Earnings Per Job, 1969-2022
 
1969
 
7,634
0.189
40,426
100.0
N
106.33
1970
 
7,937
0.198
40,157
99.3
-0.66
104.49
1971
 
8,440
0.206
40,962
101.3
2.00
104.16
1972
 
9,034
0.213
42,397
104.9
3.50
103.95
1973
 
9,693
0.225
43,165
106.8
1.81
103.82
1974
 
10,319
0.248
41,621
103.0
-3.58
103.94
1975
 
11,020
0.269
41,029
101.5
-1.42
102.87
1976
 
12,030
0.283
42,460
105.0
3.49
104.17
1977
 
13,054
0.302
43,258
107.0
1.88
105.17
1978
 
14,048
0.323
43,523
107.7
0.61
104.39
1979
 
15,203
0.351
43,259
107.0
-0.61
104.35
1980
 
16,121
0.389
41,412
102.4
-4.27
102.96
1981
 
17,396
0.424
41,014
101.5
-0.96
101.93
1982
 
18,185
0.448
40,619
100.5
-0.96
101.09
1983
 
19,198
0.467
41,130
101.7
1.26
101.47
1984
 
20,672
0.484
42,677
105.6
3.76
102.43
1985
 
21,543
0.501
42,976
106.3
0.70
101.96
1986
 
22,151
0.512
43,248
107.0
0.63
100.33
1987
 
22,824
0.528
43,225
106.9
-0.05
98.69
1988
 
24,092
0.549
43,911
108.6
1.59
98.71
1989
 
25,102
0.573
43,838
108.4
-0.17
98.60
1990
 
26,143
0.598
43,735
108.2
-0.23
98.28
1991
 
26,836
0.618
43,442
107.5
-0.67
97.45
1992
 
28,674
0.634
45,212
111.8
4.08
97.60
1993
 
29,408
0.650
45,243
111.9
0.07
97.70
1994
 
30,354
0.664
45,744
113.2
1.11
98.20
1995
 
30,776
0.678
45,423
112.4
-0.70
97.38
1996
 
31,642
0.692
45,723
113.1
0.66
96.44
1997
 
32,957
0.704
46,809
115.8
2.37
96.31
1998
 
34,473
0.710
48,576
120.2
3.78
95.73
1999
 
35,657
0.720
49,523
122.5
1.95
94.45
2000
 
36,816
0.738
49,872
123.4
0.70
92.27
2001
 
38,015
0.753
50,483
124.9
1.23
91.65
2002
 
39,167
0.763
51,340
127.0
1.70
92.36
2003
 
40,514
0.779
52,012
128.7
1.31
92.80
2004
 
42,023
0.798
52,643
130.2
1.21
92.45
2005
 
42,622
0.821
51,898
128.4
-1.42
91.37
2006
 
44,036
0.844
52,151
129.0
0.49
90.91
2007
 
44,934
0.866
51,883
128.3
-0.51
90.99
2008
 
45,928
0.892
51,506
127.4
-0.73
91.31
2009
 
45,812
0.889
51,520
127.4
0.03
91.55
2010
 
47,366
0.905
52,330
129.4
1.57
90.76
2011
 
49,188
0.928
53,003
131.1
1.28
91.71
2012
 
50,447
0.945
53,363
132.0
0.68
91.62
2013
 
51,664
0.958
53,939
133.4
1.08
92.53
2014
 
52,540
0.971
54,097
133.8
0.29
92.19
2015
 
53,587
0.973
55,075
136.2
1.81
92.38
2016
 
53,974
0.983
54,916
135.8
-0.29
92.29
2017
 
55,573
1.000
55,573
137.5
1.20
92.12
2018
 
56,851
1.020
55,711
137.8
0.25
91.54
2019
 
58,590
1.035
56,602
140.0
1.60
90.95
2020
 
61,150
1.046
58,441
144.6
3.25
90.76
2021
 
63,302
1.090
58,074
143.7
-0.63
89.89
2022
 
64,508
1.160
55,590
137.5
-4.28
90.11
Source: Calculations by the Ohio Regional Economic Analysis Project (OH-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis
November 2023
REAP_PI_CA1400_1400_PSN
 
   
Page 11 of 13

Interactive TableTip: To augment your analysis click on the column headers in the following table to rank and/or sort the data.

   
 
United States:
Average Earnings Per Job, 1969-2022
 
1969
 
7,179
0.189
38,018
100.0
N
1970
 
7,596
0.198
38,430
101.1
1.08
1971
 
8,103
0.206
39,326
103.4
2.33
1972
 
8,691
0.213
40,786
107.3
3.71
1973
 
9,336
0.225
41,579
109.4
1.94
1974
 
9,928
0.248
40,044
105.3
-3.69
1975
 
10,713
0.269
39,883
104.9
-0.40
1976
 
11,549
0.283
40,761
107.2
2.20
1977
 
12,412
0.302
41,131
108.2
0.91
1978
 
13,457
0.323
41,694
109.7
1.37
1979
 
14,568
0.351
41,454
109.0
-0.58
1980
 
15,657
0.389
40,220
105.8
-2.98
1981
 
17,066
0.424
40,237
105.8
0.04
1982
 
17,989
0.448
40,181
105.7
-0.14
1983
 
18,920
0.467
40,535
106.6
0.88
1984
 
20,181
0.484
41,663
109.6
2.78
1985
 
21,130
0.501
42,152
110.9
1.17
1986
 
22,078
0.512
43,104
113.4
2.26
1987
 
23,126
0.528
43,799
115.2
1.61
1988
 
24,408
0.549
44,487
117.0
1.57
1989
 
25,460
0.573
44,462
117.0
-0.05
1990
 
26,599
0.598
44,498
117.0
0.08
1991
 
27,537
0.618
44,577
117.3
0.18
1992
 
29,378
0.634
46,323
121.8
3.92
1993
 
30,101
0.650
46,309
121.8
-0.03
1994
 
30,909
0.664
46,580
122.5
0.59
1995
 
31,605
0.678
46,646
122.7
0.14
1996
 
32,810
0.692
47,411
124.7
1.64
1997
 
34,218
0.704
48,600
127.8
2.51
1998
 
36,011
0.710
50,743
133.5
4.41
1999
 
37,751
0.720
52,432
137.9
3.33
2000
 
39,903
0.738
54,053
142.2
3.09
2001
 
41,477
0.753
55,080
144.9
1.90
2002
 
42,406
0.763
55,584
146.2
0.92
2003
 
43,655
0.779
56,045
147.4
0.83
2004
 
45,456
0.798
56,943
149.8
1.60
2005
 
46,648
0.821
56,800
149.4
-0.25
2006
 
48,442
0.844
57,368
150.9
1.00
2007
 
49,382
0.866
57,019
150.0
-0.61
2008
 
50,298
0.892
56,407
148.4
-1.07
2009
 
50,041
0.889
56,276
148.0
-0.23
2010
 
52,191
0.905
57,661
151.7
2.46
2011
 
53,633
0.928
57,792
152.0
0.23
2012
 
55,061
0.945
58,245
153.2
0.78
2013
 
55,837
0.958
58,296
153.3
0.09
2014
 
56,990
0.971
58,680
154.3
0.66
2015
 
58,005
0.973
59,615
156.8
1.59
2016
 
58,480
0.983
59,501
156.5
-0.19
2017
 
60,329
1.000
60,329
158.7
1.39
2018
 
62,102
1.020
60,856
160.1
0.87
2019
 
64,419
1.035
62,233
163.7
2.26
2020
 
67,378
1.046
64,393
169.4
3.47
2021
 
70,421
1.090
64,606
169.9
0.33
2022
 
71,586
1.160
61,690
162.3
-4.51
Source: Calculations by the Ohio Regional Economic Analysis Project (OH-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis
November 2023
REAP_PI_CA1400_1400_PN
 
   
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