Ohio
and U.S. Employment Situation (Seasonally Adjusted)
Ohio's
unemployment rate was 6.5 percent in February 2014, down from 6.9
percent in January, according to data released this morning by the
Ohio Department of Job and Family Services (ODJFS). Ohio’s nonfarm
wage and salary employment decreased 4,600 over the month, from a
revised 5,284,600 in January to 5,280,000 in February.
The
number of workers unemployed in Ohio in February was 377,000, down
18,000 from 395,000 in January. The number of unemployed has
decreased by 44,000 in the past 12 months from 421,000. The February
unemployment rate for Ohio was down from 7.3 percent in February
2013.
The
U.S. unemployment rate for February was 6.7 percent, up from 6.6
percent in January but down from 7.7 percent in February 2013.
Total
Nonagricultural Wage and Salary Employment (Seasonally Adjusted)
Ohio’s
nonagricultural wage and salary employment decreased 4,600 from a
revised 5,284,600 in January to 5,280,000 in February, according to
the latest business establishment survey conducted by the U.S.
Department of Labor (Bureau of Labor Statistics) in cooperation with
ODJFS.
Goods-producing
industries, at 871,200, lost 4,700 jobs. Losses in construction
(-8,100) and mining and logging (-300) were partially offset by gains
in manufacturing (+3,700). The private service-providing sector, at
3,655,500, increased 4,100. Job gains in educational and health
services (+2,600), trade, transportation, and utilities (+2,400),
professional and business services (+1,400), other services (+1,000),
and information (+200) exceeded job losses in financial activities
(-2,300) and leisure and hospitality (-1,200). Government, at
753,300, decreased 4,000 in local government (-3,400) and federal
government (-600). State government employment was unchanged.
From
February 2013 to February 2014, nonagricultural wage and salary
employment increased 50,000. Goods-producing industries gained 15,300
jobs. Manufacturing added 12,800 jobs in durable goods (+11,400) and
non-durable goods (+1,400). Construction increased 1,400, and mining
and logging grew 1,100. The private service-providing sector added
40,600 jobs over the year. Employment increased in professional and
business services (+22,500), educational and health services
(+8,300), leisure and hospitality (+6,300), trade, transportation,
and utilities (+6,100), and other services (+2,200). Over-the-year
employment declines occurred in financial activities (-2,800) and
information (-2,000). Government lost 5,900 jobs throughout state
(-2,400), federal (-2,200), and local (-1,300) government.
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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