Ohio Unemployment Reaches Record Low 3.4% in June

COLUMBUS, Ohio – Ohio’s unemployment rate was 3.4% in June, the lowest rate since the series for reporting unemployment started in 1976, the Ohio Department of Job and Family Services reported Friday.

The number of workers unemployed in Ohio in June was 200,000, down from 207,000 in May.

The number of unemployed has decreased by 24,000 in the past 12 months from 224,000. The June unemployment rate for Ohio decreased 0.5% from 3.9% in June 2022.

The U.S. unemployment rate for June 2023 was 3.6%, down from 3.7% in May 2023, and unchanged from 3.6% in June 2022.

Employment in goods-producing industries, at 939,800, decreased 4,200 as losses in manufacturing and construction exceeded gains in mining and logging.

The private service-providing sector, at 3,909,900, increased 3,200 as gains in leisure and hospitality and private educational and health services outpaced losses in trade, transportation and utilities; other services; professional and business services; and information. Financial activities did not change over the month.

Government employment, at 772,800, increased 2,000 as gains in local and federal government surpassed losses in state government.

From June 2022 to June 2023, nonagricultural wage and salary employment increased 93,500. Employment in goods-producing industries increased 16,800.

Manufacturing increased 7,800 as gains in durable goods outweighed losses in nondurable goods. Construction added 8,400 jobs, and mining and logging gained 600 jobs.

Employment in the private service-providing sector increased 71,900 as gains in leisure and hospitality; private educational and health services; other services; and financial activities exceeded losses in professional and business services; trade, transportation and utilities; and information. Government employment increased 4,800 as gains in federal and local government outpaced losses in state government.

Published by The Business Journal, Youngstown, Ohio.