Economic Development

Ohio Unemployment Down Slightly to 4.6%

COLUMBUS, Ohio – The unemployment rate in Ohio was 4.6% in February, according to the latest report from the Ohio Department of Job and Family Services. The rate is down slightly from the 4.7% mark in January, but up from February 2018’s 4.5%.

The state’s nonagricultural wage and salary employment dipped to 5,594,200 in February, down 8,200 workers from January.

Employment in goods-producing industries was down 4,800 last month as losses were seen in construction, where 3,800 jobs were lost, and manufacturing, down 1,100 jobs. Sectors also seeing job losses were trade transportation and utilities (1,900), hospitality (1,500), education and health services (600), information (500) and financial activities (200).

Local-government employment was also down 1,000, outweighing gains seen in state (up 200 jobs) and federal (up 500) jobs.

Among the sectors seeing employment gains were mining and logging (100), professional and business services (200) and other services (1,400).

The national unemployment rate in February was 3.8%, down from an even 4% in January and 4.1% in February 2018.

Published by The Business Journal, Youngstown, Ohio.