Ohio
and U.S. Employment Situation (Seasonally Adjusted)
Ohio's
unemployment rate was 5.5 percent in May 2014, down from 5.7 percent
in April 2014. Ohio’s nonfarm wage and salary employment increased
2,900 over the month, from a revised 5,295,400 in April to 5,298,300
in May.
The
number of workers unemployed in Ohio in May was 317,000, down 11,000
from 328,000 in April. The number of unemployed has decreased by
108,000 in the past 12 months from 425,000. The May unemployment rate
for Ohio was down from 7.4 percent in May 2013.
The
U.S. unemployment rate for May was 6.3 percent, unchanged from April,
and down from 7.5 percent in May 2013.
Total
Nonagricultural Wage and Salary Employment (Seasonally Adjusted)
Ohio's
nonagricultural wage and salary employment increased 2,900 over the
month, from a revised 5,295,400 in April to 5,298,300 in May,
according to the latest business establishment survey conducted by
the U.S. Department of Labor (Bureau of Labor Statistics) in
cooperation with ODJFS.
Employment
in goods-producing industries, at 874,300, decreased 600 from April.
Construction lost 3,600 jobs. Manufacturing and mining and logging
gained 2,900 and 100 jobs respectively. The private service-providing
sector, at 3,669,600, increased 3,600. Job gains were seen in
professional and business services (+6,000), trade, transportation,
and utilities (+1,300), other services (+900), financial activities
(+400), and information (+200) while employment declines occurred in
leisure and hospitality (-4,300) and educational and health services
(-900). Government employment, at 754,400, lost 100 jobs. Losses in
local (-1,600) and federal (-200) government surpassed gains in state
government (+1,700).
From
May 2013 to May 2014, nonagricultural wage and salary employment grew
46,800. Goods-producing industries added 15,200 jobs. Manufacturing
gained 11,700 jobs in durable goods (+11,800) although non-durable
goods (-100) posted a small loss. Construction added 2,800 jobs.
Mining and logging employment increased 700. The private
service-providing sector increased 35,000. The most significant gain
occurred in professional and business services (+20,100). Also
showing improvement were trade, transportation, and utilities
(+6,900), educational and health services (+5,300), other services
(+5,100), and leisure and hospitality (+2,600). Over-the-year
declines occurred in financial activities (-4,200) and information
(-800). Government employment decreased 3,400. Losses in local
(-2,600) and federal (-900) government exceeded a small gain in state
government (+100).
EDITOR'S
NOTE: All data cited are produced in cooperation with the U.S.
Department of Labor. Data sources include Current Population Survey
(U.S. data); Current Employment Statistics Program (nonagricultural
wage and salary employment data); and Local Area Unemployment
Statistics Program (Ohio unemployment rates). More complete listings
of the data appear in the monthly Ohio Labor Market Review.
Unemployment rates for all Ohio counties, as well as cities with
populations of 50,000 or more, are presented in the monthly ODJFS
Civilian Labor Force Estimates publication. Updated statewide
historical data may be obtained by contacting the Bureau of Labor
Market Information at (614) 752-9494. Ohioans can access tens of
thousands of job openings, for positions ranging from file clerks to
CEOs, at http://ohiomeansjobs.com.
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