Ohio Jobless Rate Falls to 4.8% in July

COLUMBUS, Ohio — The state’s unemployment rate was 4.8% in July, down from 5.0% in June, the Department of Job and Family Services reported this morning.

By comparison, the U.S. unemployment rate for July was 4.9%, unchanged from June and down from 5.3% in July 2015.

Nonagricultural wage and salary employment increased 11,400 over the month, from a revised 5,494,900 in June to 5,506,300 in July 2016, according to numbers compiled by the U.S. Bureau of Labor Statistics.

The number of workers unemployed in Ohio in July was 278,000, down 13,000 from 291,000 in June. The number of unemployed has increased by 11,000 in the past 12 months from 267,000. The July unemployment rate for Ohio was 0.1 percentage points higher than the July 2015 rate of 4.7%.

Goods-producing industries, at 903,700, lost 1,300 jobs over the month. Job losses in construction (minus 3,600) and mining and logging (minus 300) surpassed gains in manufacturing (plus 2,600). The private service-providing sector, at 3,820,600, added 8,000 jobs. Employment gains in educational and health services (plus 5,000), trade, transportation, and utilities (plus 2,700), professional and business services (plus 2,100), and other services (plus 1,800) exceeded losses in financial activities (minus 1,500), information (minus 1,100), and leisure and hospitality (minus 1,000). Government employment, at 782,000, increased 4,700 as gains in local (plus 3,100) and state (plus 1,700) government outweighed losses in federal government
(minus 100).

Copyright 2024 The Business Journal, Youngstown, Ohio.