Job Gains in Ashtabula County, 2006-2015 by Size of Business

JOBS GAINED 2006 % of TOTAL 2015 % of TOTAL
BUSINESS SIZE GROUP 6,354 100 2,645 100
   Self-Employed (1) 166 2.6 152 5.7
   2-9 Employees 2,605 41.0 1,800 68.1
   Stage 2 (10-99) 2,070 32.6 693 26.2
   Stage 3 (100-499) 1,113 17.5 0 0.0
   Stage 4 (500+) 400 6.3 0 0.0
JOBS BY BUSINESS CATEGORY 6,354 100 2,645 100
New Startups 3,887 61.2 1,275 48.2
Expansion Startups 494 7.8 731 27.6
Expansions 1,911 30.1 627 23.7
Move In 62 1.0 12 0.5

We just gained access to the new business dynamic data for Ashtabula County. Business dynamic data allow us to understand job gains and losses by type business operation (new startup, expansion startup, expansion, and move-in). See below for definitions of these business types.

The table above compares job gains (increases in jobs in Ashtabula County) in 2006 and 2015. Note: These are just job gain numbers and not net job numbers. Later we will share data on job losses.

There are some marked differences in job gains in the two years:

  • In 2006, 6,354 jobs were gained in the county versus 2,645 in 2015
  • In 2006, businesses with 2-9 and 10-99 employees accounted for the majority of job gains in 2006 and 2015, however job gains were more substantial in 2006 than 2015.
  • Businesses with 100 or more employees created some jobs in 2006, but no jobs in 2015.
  • New startup businesses created the largest number of job gains in both 2006 and 2015, but 2006 gains were much larger than those in 2015.
  • Expansion startups accounted for more job gains in 2015 than 2006.
  • Expansions accounted for more job gains in 2006 than 2015.
  • New move-in businesses accounted for a very small number of job gains in both 2006 and 2015.

The job gain data above underscores the positive role of new startups and existing business expansions. Move-ins, or the attraction of new businesses, played a very small role in job gains in both 2006 and 2015.

Definitions:

> News Startups – a business that was not alive and had no location code (FIPS) in prior year,
now has a FIPS code in current year
> Expansion Startups – a business that has a headquarters (HQ) affiliation other than itself that
now has a new FIPS code in current year
> Expansions – a business that shows an increase in jobs from prior year to current year
> Move In – a business that physically relocated from outside the viewed region (based on the
type of region being viewed, state, CBSA, or county) to inside the viewed region from prior to
current year

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s