FOR IMMEDIATE RELEASE
March 23, 2012
 Contact: Benjamin Johnson
Phone: 614-466-6650
Email: benjamin.johnson@jfs.ohio.gov


Ohio and U.S. Employment Situation (Seasonally Adjusted)

Ohio's unemployment rate was 7.6 percent in February, down from 7.7 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 rose 28,300 over the month from the revised 5,119,300 in January to 5,147,600 in February.

The number of workers unemployed in Ohio in February was 443,000, down from 447,000 in January. The number of unemployed has decreased by 74,000 in the past 12 months from 517,000. The February unemployment rate for Ohio was down from 8.9 percent in February 2011.

The U.S. unemployment rate for February was 8.3 percent, unchanged from January.

Total Nonagricultural Wage and Salary Employment (Seasonally Adjusted)
Ohio's nonfarm payroll employment increased 28,300 over the month, from 5,119,300 in January to 5,147,600 in February, according to the latest business establishment survey conducted by ODJFS.

Service-providing industries increased 21,300 over the month to 4,304,500. The most significant increases were posted in trade, transportation and utilities (+7,400), government (+4,700), educational and health services (+3,300), and other services (+3,300). Gains also occurred in leisure and hospitality (+2,200) and professional and business services (+1,600). The financial activities (-1,300) and information (-200) industries experienced over-the-month losses. Goods-producing industries, at 843,100, were up 7,000 from January. Construction (+4,200), manufacturing (+2,700), and mining and logging (+100) grew over the month.

From February 2011 to February 2012, nonagricultural wage and salary employment grew 73,500. Service-providing industries added 47,000 jobs. The most significant gains occurred in trade, transportation and utilities (+21,500), educational and health services (+15,900), and professional and business services (+7,100). Also showing improvement were other services (+4,900), information (+1,600), and leisure and hospitality (+400). Financial activities (-2,200) and government (-2,200) declined over the year. Goods-producing industries increased 26,500. Manufacturing gained 18,600 jobs through expansion in durable goods (+18,100) and nondurable goods (+500). Construction added 7,300 jobs while mining and logging employment increased 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 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 www.ohiomeansjobs.com.

News release dates
A calendar of 2012 release dates is available online at http://OhioLMI.com/laus/releases.htm. County, city and metropolitan area unemployment rates for February 2012 will be posted online at http://OhioLMI.com/laus/current.htm on Tuesday March 27. March 2012 unemployment rates and nonagricultural wage and salary data for Ohio will be released by ODJFS on Friday, April 20, 2012. This information and the monthly statistical summaries it is based on are also available at http://jfs.ohio.gov/ocomm/.

Choose this link to view the table on the Ohio and U.S. Employment Situation.

Choose this link to view the table for the Nonagricultural Wage and Salary Employment Estimates for Ohio.

   
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