Statewide, U.S. Unemployment Remain Stable Over Month
COLUMBUS, Ohio – Both the statewide and U.S. unemployment rates in July were unchanged from the month before, the Ohio Department of Job and Family Services reported Friday.
The statewide unemployment rate was 4.0% in July, the same as in June and down from 4.6% in July 2018. The U.S. unemployment rate remained at 3.7% over the month, down from 3.9% in July 2018.
The number of workers unemployed in Ohio in July was 235,000, up 2,000 from 233,000 in June. The number of unemployed has decreased by 28,000 in the past 12 months from 263,000.
Ohio’s nonagricultural wage and salary employment increased 4,500 over the month, from a revised 5,588,500 in June to 5,593,000 in July, according to the latest business establishment survey conducted by the U.S. Department of Labor’s Bureau of Labor Statistics in cooperation with ODJFS.
Goods-producing industries, at 937,400, added 1,400 jobs from June, with gains in manufacturing and mining and logging exceeding losses in construction. The private service-providing sector, at 3,872,800, added 1,100 jobs, as employment gains in leisure and hospitality, educational and health services, information and other services outpaced losses in professional and business services, trade, transportation, and utilities, and financial activities. Government employment, at 782,800, gained by 2,000.
From July 2018 to July 2019, nonagricultural wage and salary employment grew 25,200. Employment in goods-producing industries increased 3,600. Manufacturing gained 6,100 jobs in nondurable goods and durable goods. Construction lost 2,900 jobs while mining and logging employment increased 400.
Private service-providing industries added 18,400 jobs. Employment gains in leisure and hospitality, educational and health services, professional and business services and other services overshadowed losses in trade, transportation, and utilities, financial activities and information. Government employment increased 3,200 with gains in state, federal and local government.
Copyright 2022 The Business Journal, Youngstown, Ohio.