Trumbull County vs. Ohio
Comparative Trends Analysis:
Average Earnings Per Job Growth and Change, 1969-2017
Introduction
Trumbull County:
2017 Avg. Earnings = $47,846
2017 Percent of State = 85.7%
Ohio:
2017 Avg. Earnings = $55,843
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.
Trumbull County Average Earnings Per Job, 1969-2017
Current vs. Constant Dollars
Trumbull County Average Earnings Per Job, 1969-2017
Current vs. Constant Dollars
Figure 1.
Figure 1 depicts Trumbull County's annual average earnings per job over 1969-2017 in current and constant (2012) 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 477.9%, from $8,280 in 1969 to $47,846 in 2017. When measured in constant 2012 dollars to adjust for inflation, it advanced 9.0%, from $41,368 in 1969 to $45,107 in 2017.
Real Average Earnings Per Job, 1969-2017
Real Average Earnings Per Job, 1969-2017
Figure 2.
Figure 2 traces Trumbull County's and Ohio's annual real average earnings per job for the period 1969-2017 to illustrate real average earnings per job patterns over time. During this 49-year period, Trumbull County's real average earnings per job rose from $41,368 in 1969 to $45,107 in 2017, for a net gain of $3,739, or 9.0%. In comparison, Ohio's real average earnings per job advanced from $38,223 in 1969 to $52,646 in 2017, for a net advance of $14,423, or 37.7%.
Real Average Earnings Per Job Indices (1969=100): 1969-2017
Real Average Earnings Per Job Indices (1969=100): 1969-2017
Figure 3.
Figure 3 portrays 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 9.0% over 1969-2017 trailed Ohio's increase of 37.7%, and fell below the United States' increase of 59.1%.
Average Earnings Per Job as a Percent of the U.S. Average: 1969-2017
Average Earnings Per Job as a Percent of the U.S. Average: 1969-2017
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 1969-2017.
In 1969, Trumbull County's average earnings per job amounted to 115.1% of the national average; in 2017, it approximated 78.9%. Similarly, in 1969, Ohio's average earnings per job totaled 106.3% of the national average; in 2017, it consisted of 92.1%.
Trumbull County Real Average Earnings Per Job:
Annual Percent Change, 1970-2017
Trumbull County Real Average Earnings Per Job:
Annual Percent Change, 1970-2017
Figure 5.
Figure 5 shows the short-run pattern of Trumbull County's real average earnings per job growth by tracking the year-to-year percent change over 1970-2017. The average annual percent change for the entire 48-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 0.25% over 1970-2017. The county posted its highest growth in 1972 (6.98%) and recorded its lowest growth in 1974 (-7.31%). In 2017, Trumbull County's real average earnings per job declined by -0.75%
Trumbull County Real Average Earnings Per Job:
Annual Percent Change and Decade Averages Over 1970-2017
Trumbull County Real Average Earnings Per Job:
Annual Percent Change and Decade Averages Over 1970-2017
Figure 6.
Over the past four decades some counties have experienced extreme swings in growth, and often such swings have tended to coincide with the decades themselves. Figure 6 again shows the annual percent change in Trumbull County's real average earnings per job since 1970, but this time they are overlayed with average growth rates for the decade of the 1970s, 1980s, 1990s, 2000s, and 2010-2017.
During the 1970s, Trumbull County's annual real average earnings per job growth rate averaged 1.79%. It averaged 0.00% in the 1980s, -0.15% in the 1990s, -1.14% during the 2000s, and 0.87% thus far this decade (2010 to 2017).
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 outperformed Ohio's average during the 1970s (1.79% vs. 0.70%), trailed Ohio's average in the 1980s (0.00% vs. 0.14%), lagged Ohio's average in the 1990s (-0.15% vs. 1.22%), recorded under Ohio's average throughout the 2000s (-1.14% vs. 0.46%), and amounted to less than Ohio's average over the 8 year period of the last decade, 2010-2017 (0.87% vs. 0.94%).
Finally, relative to nationwide real average earnings per job growth trends, Trumbull County surpassed the nation during the 1970s (1.79% vs. 0.89%), lagged the nation in the 1980s (0.00% vs. 0.70%), trailed the nation over the 1990s (-0.15% vs. 1.68%), trailed the nation over the 2000s (-1.14% vs. 0.72%), and trailed the nation over 2010-2017 (0.87% vs. 0.92%).
   
 
Real* Average Earnings Per Job Growth:
Average Annual Percent Change
 
 
 
0.25
1.79
0.00
-0.15
-1.14
0.87
-0.75
 
0.68
0.70
0.14
1.22
0.46
0.94
1.26
 
0.98
0.89
0.70
1.68
0.72
0.92
1.41
 
   

Tip: 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, 1969-2017
 
1969
 
8,280
0.200
41,368
100.0
N
108.23
115.06
1970
 
8,471
0.210
40,430
97.7
-2.27
106.46
111.23
1971
 
9,258
0.218
42,387
102.5
4.84
109.40
113.94
1972
 
10,241
0.226
45,344
109.6
6.98
113.06
117.51
1973
 
11,463
0.238
48,161
116.4
6.21
117.97
122.46
1974
 
11,731
0.263
44,640
107.9
-7.31
113.40
117.86
1975
 
12,474
0.285
43,814
105.9
-1.85
112.88
116.12
1976
 
13,867
0.300
46,173
111.6
5.38
114.99
119.77
1977
 
15,372
0.320
48,059
116.2
4.09
117.49
123.55
1978
 
16,873
0.342
49,321
119.2
2.63
119.84
125.09
1979
 
18,225
0.373
48,926
118.3
-0.80
119.60
124.81
1980
 
19,500
0.413
47,258
114.2
-3.41
120.67
124.27
1981
 
21,434
0.450
47,675
115.2
0.88
123.02
125.41
1982
 
21,126
0.475
44,517
107.6
-6.62
116.08
117.36
1983
 
23,357
0.495
47,212
114.1
6.05
121.58
123.37
1984
 
25,425
0.513
49,519
119.7
4.89
122.90
125.90
1985
 
26,494
0.531
49,863
120.5
0.69
122.90
125.31
1986
 
26,225
0.543
48,305
116.8
-3.12
118.31
118.71
1987
 
25,723
0.560
45,963
111.1
-4.85
112.62
111.16
1988
 
27,629
0.582
47,513
114.9
3.37
114.59
113.12
1989
 
29,452
0.607
48,529
117.3
2.14
117.19
115.56
1990
 
29,014
0.634
45,796
110.7
-5.63
110.87
108.97
1991
 
29,619
0.655
45,239
109.4
-1.22
110.28
107.47
1992
 
31,684
0.672
47,136
113.9
4.19
110.36
107.71
1993
 
32,691
0.689
47,453
114.7
0.67
111.00
108.45
1994
 
34,416
0.703
48,936
118.3
3.12
113.21
111.18
1995
 
33,727
0.718
46,966
113.5
-4.03
109.40
106.53
1996
 
33,852
0.733
46,154
111.6
-1.73
106.80
102.99
1997
 
34,885
0.746
46,749
113.0
1.29
105.66
101.76
1998
 
35,207
0.752
46,808
113.1
0.13
102.06
97.58
1999
 
36,352
0.763
47,620
115.1
1.73
102.04
96.11
2000
 
36,474
0.782
46,621
112.7
-2.10
99.30
91.23
2001
 
37,005
0.797
46,409
112.2
-0.46
97.34
89.22
2002
 
38,295
0.808
47,401
114.6
2.14
97.79
90.30
2003
 
39,921
0.824
48,473
117.2
2.26
98.55
91.44
2004
 
41,202
0.844
48,811
118.0
0.70
98.06
90.64
2005
 
41,330
0.868
47,608
115.1
-2.46
96.99
88.59
2006
 
44,517
0.892
49,921
120.7
4.86
101.09
91.89
2007
 
44,090
0.914
48,218
116.6
-3.41
98.11
89.28
2008
 
42,251
0.942
44,862
108.4
-6.96
91.98
84.01
2009
 
39,689
0.941
42,181
102.0
-5.98
86.36
79.32
2010
 
42,032
0.957
43,918
106.2
4.12
88.36
80.54
2011
 
45,064
0.981
45,923
111.0
4.56
91.04
84.03
2012
 
45,553
1.000
45,553
110.1
-0.81
89.42
82.34
2013
 
45,385
1.013
44,783
108.3
-1.69
87.03
80.88
2014
 
45,803
1.029
44,526
107.6
-0.57
86.55
79.82
2015
 
47,177
1.031
45,747
110.6
2.74
87.52
80.81
2016
 
47,371
1.042
45,446
109.9
-0.66
87.41
80.59
2017
 
47,846
1.061
45,107
109.0
-0.75
85.68
78.88
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 2018
REAP_PI_CA1400_1400_PSN
 
   

Tip: 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, 1969-2017
 
1969
 
7,650
0.200
38,223
100.0
N
106.31
1970
 
7,957
0.210
37,977
99.4
-0.64
104.48
1971
 
8,462
0.218
38,744
101.4
2.02
104.14
1972
 
9,058
0.226
40,106
104.9
3.51
103.94
1973
 
9,717
0.238
40,824
106.8
1.79
103.81
1974
 
10,345
0.263
39,365
103.0
-3.58
103.93
1975
 
11,050
0.285
38,814
101.5
-1.40
102.87
1976
 
12,059
0.300
40,154
105.1
3.45
104.16
1977
 
13,084
0.320
40,906
107.0
1.87
105.16
1978
 
14,080
0.342
41,158
107.7
0.61
104.38
1979
 
15,238
0.373
40,907
107.0
-0.61
104.36
1980
 
16,160
0.413
39,163
102.5
-4.26
102.98
1981
 
17,423
0.450
38,755
101.4
-1.04
101.95
1982
 
18,199
0.475
38,349
100.3
-1.05
101.10
1983
 
19,212
0.495
38,833
101.6
1.26
101.48
1984
 
20,687
0.513
40,292
105.4
3.76
102.44
1985
 
21,558
0.531
40,572
106.1
0.69
101.96
1986
 
22,167
0.543
40,830
106.8
0.64
100.34
1987
 
22,840
0.560
40,812
106.8
-0.05
98.70
1988
 
24,111
0.582
41,462
108.5
1.59
98.71
1989
 
25,132
0.607
41,410
108.3
-0.13
98.60
1990
 
26,170
0.634
41,306
108.1
-0.25
98.29
1991
 
26,859
0.655
41,023
107.3
-0.69
97.45
1992
 
28,710
0.672
42,712
111.7
4.12
97.61
1993
 
29,451
0.689
42,750
111.8
0.09
97.70
1994
 
30,401
0.703
43,227
113.1
1.12
98.21
1995
 
30,828
0.718
42,929
112.3
-0.69
97.38
1996
 
31,697
0.733
43,216
113.1
0.67
96.44
1997
 
33,018
0.746
44,246
115.8
2.38
96.31
1998
 
34,495
0.752
45,861
120.0
3.65
95.61
1999
 
35,627
0.763
46,670
122.1
1.76
94.19
2000
 
36,733
0.782
46,952
122.8
0.60
91.88
2001
 
38,015
0.797
47,675
124.7
1.54
91.65
2002
 
39,161
0.808
48,473
126.8
1.68
92.35
2003
 
40,507
0.824
49,185
128.7
1.47
92.79
2004
 
42,016
0.844
49,776
130.2
1.20
92.43
2005
 
42,614
0.868
49,088
128.4
-1.38
91.35
2006
 
44,037
0.892
49,383
129.2
0.60
90.90
2007
 
44,938
0.914
49,146
128.6
-0.48
90.99
2008
 
45,933
0.942
48,771
127.6
-0.76
91.33
2009
 
45,958
0.941
48,842
127.8
0.15
91.85
2010
 
47,571
0.957
49,705
130.0
1.77
91.15
2011
 
49,499
0.981
50,442
132.0
1.48
92.30
2012
 
50,944
1.000
50,944
133.3
0.99
92.08
2013
 
52,149
1.013
51,457
134.6
1.01
92.93
2014
 
52,921
1.029
51,445
134.6
-0.02
92.23
2015
 
53,906
1.031
52,272
136.8
1.61
92.34
2016
 
54,194
1.042
51,992
136.0
-0.53
92.20
2017
 
55,843
1.061
52,646
137.7
1.26
92.06
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 2018
REAP_PI_CA1400_1400_PSN
 
   

Tip: 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, 1969-2017
 
1969
 
7,196
0.200
35,953
100.0
N
1970
 
7,615
0.210
36,349
101.1
1.10
1971
 
8,125
0.218
37,202
103.5
2.35
1972
 
8,715
0.226
38,587
107.3
3.72
1973
 
9,360
0.238
39,326
109.4
1.92
1974
 
9,954
0.263
37,877
105.4
-3.69
1975
 
10,742
0.285
37,733
104.9
-0.38
1976
 
11,577
0.300
38,550
107.2
2.17
1977
 
12,442
0.320
38,898
108.2
0.90
1978
 
13,489
0.342
39,429
109.7
1.36
1979
 
14,602
0.373
39,199
109.0
-0.58
1980
 
15,692
0.413
38,030
105.8
-2.98
1981
 
17,091
0.450
38,015
105.7
-0.04
1982
 
18,001
0.475
37,932
105.5
-0.22
1983
 
18,932
0.495
38,267
106.4
0.88
1984
 
20,194
0.513
39,331
109.4
2.78
1985
 
21,143
0.531
39,792
110.7
1.17
1986
 
22,092
0.543
40,692
113.2
2.26
1987
 
23,141
0.560
41,350
115.0
1.62
1988
 
24,425
0.582
42,003
116.8
1.58
1989
 
25,487
0.607
41,996
116.8
-0.02
1990
 
26,625
0.634
42,025
116.9
0.07
1991
 
27,561
0.655
42,095
117.1
0.17
1992
 
29,415
0.672
43,760
121.7
3.96
1993
 
30,143
0.689
43,754
121.7
-0.01
1994
 
30,956
0.703
44,015
122.4
0.60
1995
 
31,658
0.718
44,085
122.6
0.16
1996
 
32,868
0.733
44,813
124.6
1.65
1997
 
34,281
0.746
45,939
127.8
2.51
1998
 
36,079
0.752
47,967
133.4
4.41
1999
 
37,823
0.763
49,547
137.8
3.29
2000
 
39,978
0.782
51,100
142.1
3.13
2001
 
41,477
0.797
52,016
144.7
1.79
2002
 
42,407
0.808
52,491
146.0
0.91
2003
 
43,657
0.824
53,009
147.4
0.99
2004
 
45,458
0.844
53,853
149.8
1.59
2005
 
46,650
0.868
53,737
149.5
-0.22
2006
 
48,444
0.892
54,325
151.1
1.09
2007
 
49,385
0.914
54,009
150.2
-0.58
2008
 
50,294
0.942
53,402
148.5
-1.12
2009
 
50,038
0.941
53,179
147.9
-0.42
2010
 
52,187
0.957
54,529
151.7
2.54
2011
 
53,628
0.981
54,650
152.0
0.22
2012
 
55,324
1.000
55,324
153.9
1.23
2013
 
56,117
1.013
55,371
154.0
0.09
2014
 
57,382
1.029
55,782
155.2
0.74
2015
 
58,377
1.031
56,607
157.4
1.48
2016
 
58,777
1.042
56,389
156.8
-0.38
2017
 
60,660
1.061
57,187
159.1
1.41
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 2018
REAP_PI_CA1400_1400_PN
 
   
Copyright © 2019. Pacific Northwest Regional Economic Analysis Project (PNREAP). All Rights Reserved.

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