Ohio Unemployment Rate Unchanged from October

COLUMBUS, Ohio – Ohio reported a 4.2% unemployment rate in November, unchanged from the month before, the Ohio Department of Job and Family Services reported Friday. The November rate was down from 4.5% a year earlier.

The U.S. unemployment rate for November was 3.7%, unchanged from 3.7% in October, and down from 4.2% in November 2021, the department reported.

The number of workers unemployed in Ohio in November was 243,000, up from 242,000 in October. That number decreased by 14,000 in the past 12 months, from 257.

Nonagricultural wage and salary employment increased 5,500 over the month, from a revised 5,504,400 in October to 5,509,900 in November.

In November, the labor force participation rate in Ohio was 61.3%, down from 61.5% in October and down from 61.5% in November 2021. During the same period, the national labor force participation rate was 62.1%, down from 62.2% in October and up from 61.9% in November 2021.

Employment in goods-producing industries, at 939,400, decreased 900 as losses in manufacturing exceeded gains in construction and mining and logging. The private service-providing sector, at 3,814,400, increased 5,300 as gains in educational and health services, leisure and hospitality, professional and business services, financial activities and information surpassed losses in trade, transportation and utilities. Other services did not change over the month.

Government employment, at 756,100, increased 1,100 with gains in local and state government. Federal government employment did not change over the month.

From November 2021 to November 2022, nonagricultural wage and salary employment increased 116,100. Employment in goods-producing industries increased 30,700. Manufacturing added 15,100 jobs in durable goods and nondurable goods. Construction added 15,100 jobs, while mining and logging gained 500 jobs. Employment in the private service-providing sector increased 72,300 with gains in leisure and hospitality, educational and health services, trade, transportation and utilities and other services, information, financial activities and professional and business services.

Government employment increased 13,100 as gains in local government outweighed losses in state and federal government.

Published by The Business Journal, Youngstown, Ohio.