|
Ohio and U.S.
Employment Situation (Seasonally Adjusted)
Ohio's unemployment rate was 5.3 percent in October 2014, down from 5.6
percent in September 2014. Ohio's nonfarm wage and salary employment
increased 1,000 over the month, from a revised 5,306,300 in September
to 5,307,300 in October.
The number of workers unemployed in Ohio in October was 305,000, down
14,000 from 319,000 in September. The number of unemployed has
decreased by 119,000 in the past 12 months from 424,000. The October
unemployment rate for Ohio was down from 7.4 percent in October 2013.
The U.S. unemployment rate for October was 5.8 percent, down from 5.9
percent in September, and down from 7.2 percent in October 2013.
Total Nonagricultural Wage and Salary Employment (Seasonally Adjusted)
Ohio's nonagricultural wage and salary employment increased 1,000 over
the month, from a revised 5,306,300 in September to 5,307,300 in
October, 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 874,400, decreased 3,900
from September due to losses in construction (-2,800) and manufacturing
(-1,200). Mining and logging added 100 jobs over the month. The private
service-providing sector, at 3,675,800, added 12,300 jobs mainly in
leisure and hospitality (+9,600). Gains were also seen in professional
and business services (+1,800), educational and health services
(+1,100), financial activities (+1,000), and information (+100).
Employment losses occurred in trade, transportation, and utilities
(-700) and other services
(-600). Government employment, at 757,100, decreased 7,400 with losses
in state (-4,500), local
(-2,500), and federal (-400) government.
From October 2013 to October 2014, nonagricultural wage and salary
employment increased 37,600. Goods-producing industries added 13,500
jobs. Manufacturing added 13,700 jobs in durable goods (+12,400) and
non-durable goods (+1,300). Mining and logging employment increased
800. Construction employment decreased 1,000. The private
service-providing sector added 26,000 jobs over the year. Employment
gains occurred in professional and business services (+12,500),
educational and health services (+11,000), leisure and hospitality
(+4,700), trade, transportation, and utilities (+1,800), and other
services (+1,800). Employment declined in financial activities (-3,700)
and information (-2,100). Government employment decreased 1,900 as job
losses in local (-2,000) and federal (-500) government exceeded job
gains in state government (+600).
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.
|
|
|
|