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Ohio and U.S.
Employment Situation
Ohio's unemployment rate was 5.1 percent in February 2015, unchanged
from January 2015. Ohio’s nonfarm wage and salary employment increased
3,300 over the month, from a revised 5,383,900 in January to 5,387,200
in February.
The number of workers unemployed in Ohio in February was 291,000, down
2,000 from 293,000 in January. The number of unemployed has decreased
by 66,000 in the past 12 months from 357,000. The February unemployment
rate for Ohio was down from 6.2 percent in February 2014.
The U.S. unemployment rate for February was 5.5 percent, down from 5.7
percent in January, and down from 6.7 percent in February 2014.
Total Nonagricultural Wage and Salary Employment (Seasonally Adjusted)
Ohio's nonagricultural wage and salary employment increased 3,300 over
the month, from a revised 5,383,900 in January 2015 to 5,387,200 in
February 2015, 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 893,800, increased 4,200
from January as gains in construction (+2,900) and manufacturing
(+1,500) exceeded losses in mining and logging (-200). The private
service-providing sector, at 3,736,800, lost 7,000 jobs. Employment
declines in professional and business services (-6,400), educational
and health services (-3,100), other services (-1,400), financial
activities (-1,300), and information (-200) outweighed employment gains
in leisure and hospitality (+3,200) and trade, transportation, and
utilities (+2,200). Government employment, at 756,600, increased 6,100
due to gains in state (+3,900) and local (+2,300) government. Federal
government lost 100 jobs.
From February 2014 to February 2015, nonagricultural wage and salary
employment grew 84,400. Goods-producing industries increased 19,700
over the year. Manufacturing gained 13,600 jobs in durable goods
(+12,300) and nondurable goods (+1,300). Construction and mining and
logging added 4,700 and 1,400 jobs respectively. The private
service-providing sector increased 66,900. Employment gains in leisure
and hospitality (+29,400), trade, transportation, and utilities
(+18,900), educational and health services (+9,200), professional and
business services (+6,300), financial activities (+3,100), and
other services (+1,300) surpassed losses in information (-1,300).
Government employment decreased 2,200 due to losses in local (-1,900)
and federal (-800) government. State government added 500 jobs.
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