Ohio Unemployment Sees Slight Decrease in June
COLUMBUS, Ohio — Unemployment in Ohio decreased slightly despite reported job losses across multiple sectors.
Ohio’s unemployment rate was 3.9% in June, unchanged from May, the Ohio Department of Job and Family Services reported.
The number of workers unemployed in Ohio last month was 224,000, down from 226,000 in May. The state unemployment rate was down from 5.3% a year earlier.
The U.S. unemployment rate for June 2022 was 3.6%, unchanged from 3.6% in May 2022, and down from 5.9% in June 2021. The number of unemployed has decreased by 81,000 in the past 12 months from 305,000.
Nonagricultural wage and salary employment decreased 11,300 over the month, from a revised 5,476,700 in May to 5,465,400 in June, according to the latest business establishment survey conducted by the U.S. Department of Labor in cooperation with ODJFS.
The state labor force participation rate was 62%, unchanged from May and up from 61.7% in June 2021. During the same period, the national labor force participation rate was 62.2%, down from 62.3% in May and up from 61.6% in June 2021.
Employment in goods-producing industries, at 919,400, decreased 2,900 over the month as losses in manufacturing (-3,600) surpassed gains in construction (+600) and mining and logging (+100).
The private service-providing sector, at 3,793,600, decreased 2,500 as losses in leisure and hospitality (-3,500); trade, transportation, and utilities (-2,500); financial activities (-200); and professional and business services (-100) outweighed gains in educational and health services (+2,900); other services (+700); and information (+200).
Government employment, at 752,400, decreased 5,900 as losses in state (-7,300) and federal (-300) government exceeded gains in local government (+1,700).
From June 2021 to last month, nonagricultural wage and salary employment increased 95,700. Employment in goods-producing industries increased 27,100. Manufacturing added 12,600 jobs in nondurable goods (+8,000) and durable goods (+4,600). Construction added 14,200 jobs while mining and logging gained 300 jobs.
Employment in the private service-providing sector increased 76,200 as gains in leisure and hospitality (+32,900); trade, transportation, and utilities (+24,300); professional and business services (+9,600); other services (+9,000); information (+4,800); and financial activities (+600) outpaced losses in educational and health services (-5,000).
Government employment decreased 7,600 as losses in state (-9,000) and federal (-400) government surpassed gains in local government (+1,800).
Copyright 2023 The Business Journal, Youngstown, Ohio.