Economic Development

Ohio Unemployment Declines to 4%

COLUMBUS, Ohio – Ohio’s unemployment rate was 4% in June, down from 4.1% in May, the Ohio Department of Job & Family Services reported.

The June rate also was down from the 4.6% rate posted for June 2018, according to the monthly report issued Friday morning.

Ohio’s nonagricultural wage and salary employment increased 1,500 over the month, from a revised 5,589,400 in May to 5,590,900 in June 2019. The number of workers unemployed in Ohio in June was 233,000, down 6,000 from 239,000 in May. The number of unemployed has decreased by 31,000 in the past 12 months from 264,000.

Goods-producing industries, at 938,000, added 600 jobs from May, with gains in construction exceeding losses in manufacturing. Mining and logging did not change over the month. 

The private service-providing sector, at 3,872,900, lost 200 jobs, with employment losses in financial activities, trade, transportation and utilities, educational and health services, and leisure and hospitality surpassing gains in professional and business services, other services and information. Government employment, at 780,000, increased by 1,100 jobs.

From June 2018 to June 2019, nonagricultural wage and salary employment grew 28,800. Employment in goods-producing industries increased 8,800. Manufacturing gained 5,200 jobs with gains in nondurable goods and durable goods. Construction added 3,400 jobs and mining and logging employment increased 200. Private service-providing industries added 21,700 jobs. 

Employment gains in educational and health services, leisure and hospitality, professional and business services, and other services exceeded losses in trade, transportation, and utilities, information and financial activities. Government employment decreased 1,700.

The U.S. unemployment rate for June was 3.7%, up from 3.6% in May, and down from 4.0% in June 2018. 

Published by The Business Journal, Youngstown, Ohio.