Economic Development

Ohio Unemployment Dips to 4.1% in May

COLUMBUS, Ohio — Unemployment in Ohio continued to edge down in May, dropping slightly to 4.1%, down from 4.2% in April. It’s also down from 4.6% in May 2018.

According to the latest report by the Ohio Department of Job and Family Services, the number of unemployed workers in Ohio stood at 239,000 in May, down 8,000 from 247,000 in April. Unemployed workers have decreased by 25,000 year-over-year from 264,000.

The nonagricultural wage and salary employment in Ohio decreased 3,900 to 5,593,600 in May, down from 5,597,500 in April.

Employment in goods-producing industries was at 937,300 in May, an increase of 300 over the month. A gain of 2,400 jobs in manufacturing exceeded losses in construction (-2,000) and mining and logging (-100).

Private service providers lost 3,400 jobs, bringing employment to 3,877,200 in May. Losses in educational and health services (-2,400), financial activities (-1,500) and other services (-1,000) as well as information (-600) exceeded gains in leisure and hospitality (1,200), trade, transportation and utilities (700) and professional and business services (200).

Government employment stood at 779,100 in May, down 800 from April.

Copyright 2019 The Business Journal, Youngstown, Ohio.