Economic Development

Ohio Unemployment Rate Remains Unchanged

COLUMBUS – Ohio’s unemployment rate stood at 4.6% in December 2018, unchanged from the previous month, according to the latest data submitted by the state.

Ohio’s nonagricultural wage and salary employment increased 2,900 over the month from a revised 5,647,900 in November to 5,650,800 in December.

The number of workers unemployed in Ohio during December was 265,000 up from 263,000 the previous month. Over the past 12 months, the number of unemployed has decreased by 16,000 from 281,000 in December 2017, when the unemployment rate in Ohio stood at 4.9%.

Ohio experienced job gains in several major sectors of the economy during the month: manufacturing added 2,300 jobs, employment in the construction industry increased by 2,600, and the mining and logging sector added 100 jobs.

The private-service sector lost 5,500 jobs during the month, according to state data. The professional and business services sector shed 3,700 jobs; trade, transportation and utilities lost 1,800 positions; information services dropped 700 jobs; while the leisure and hospitality industry reported losing 300 jobs.

The financial service sector reported a gain of 900 jobs and other services posted an increase of 100 positions.

Education and health services remained unchanged during the month, while the government sector reported employment gains of 3,400 in December.

The U.S. unemployment rate for December was 3.9%, up from 3.7% in November, and down from 4.1% in December 2017.

Published by The Business Journal, Youngstown, Ohio.