Ohio and U.S. Employment Situation (Seasonally Adjusted)
Ohio's unemployment rate was 4.4 percent in October, unchanged from the revised September figure, according to data released this morning by the Ohio Department of Job and Family Services (the September unemployment rate was announced as 4.3 percent but was later adjusted to 4.4 percent). The U.S. unemployment rate in October rose to 5.4 percent, up 0.5 percent from September.
"There was little change in employment across Ohio's major industry divisions in October," said ODJFS Director Tom Hayes. "It's clear that net job growth in Ohio has stalled the last few months due to the weakened economy and the impact of recent world events."
The number of workers unemployed in October was 262,000, up from 258,000 in September. The October unemployment rate for Ohio was up 0.4 percent from 4.0 in October 2000. The number of unemployed increased by 29,000 over the year from 233,000.
October was the first month that employment data could reflect the impact of the terrorist attacks of Sept. 11. The department's labor analysts reported few industry-specific effects on Ohio employment levels. The transportation sector posted a small decline, but employment in other tourism-related industries stayed about the same. Manufacturing employment remains down from a year ago.
Ohio County Unemployment Rates (Not Seasonally Adjusted)
Among the state's 88 counties, the October 2001 unemployment rates ranged from a low of 2.3 percent in Delaware County to a high of 12.9 percent in Morgan County. County rates, which are not seasonally adjusted, decreased in about two-thirds of the counties. The comparable rate for Ohio for October was 4.1 percent.
Ten counties had unemployment rates below 3.0 percent in October. The counties with the lowest rates, other than Delaware, were: Holmes County, 2.5 percent; Fairfield and Madison, 2.6; Geauga and Logan, 2.7; Hancock, 2.8; and Belmont, Clinton and Pickaway, 2.9.
Nine counties had unemployment rates above 6.0 percent during October. The counties with the highest rates, other than Morgan, were: Vinton County, 9.2 percent; Meigs, 7.8; Lorain, 7.7; Crawford, 7.6; Adams, 7.2; Huron and Pike, 6.5; and Scioto, 6.3.
Total Nonagricultural Wage and Salary Employment (Seasonally Adjusted)
Ohio's nonfarm wage and salary employment totaled 5,635,500 in October 2001, up 2,000 from September 2001, according to the latest ODJFS survey.
Employment among service producers increased 2,300 to 4,327,800. Retail trade advanced 1,900 with notable gains in food stores and eating and drinking places. Growth in state education helped boost government employment 1,600. Small increases were noted in transportation and public utilities (+300) and wholesale trade (+300). Declines in business services lowered services 1,300. Finance, insurance, and real estate dropped 400. Goods-producing industries slipped 300 in October. Manufacturing accounted for most of the loss. Gains among special trade contractors offset reductions among general building contractors, leaving construction little changed. Mining was up 100 from September.
Over the year, nonfarm payroll employment contracted by 21,300 jobs. Most of the decline occurred in goods-producing industries. Manufacturing was down 41,500 with losses in industrial machinery and equipment (-7,800), primary metal industries (-6,500), transportation equipment (-6,000), and fabricated metal products (-4,500). Construction dropped 1,800, while mining increased 100. Employment among service-producers rose 21,900 over the year. Gains in health services and engineering and management services helped raise services 14,200. Government was up 12,900 due to growth in local and state education. Finance, insurance, and real estate advanced 1,500. Divisions with lower employment were transportation and public utilities (-3,400), wholesale trade (-1,800), and retail trade (-1,600).
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For more information contact ODJFS Communications, (614) 466-6650.
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 (LAUS) Program (Ohio unemployment rates). Attached are monthly statistical summaries of the information presented above. 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) 466-1109. November unemployment rates and nonagricultural wage and salary data will be released by ODJFS on Friday, Dec. 21. The information is also available at http://jfs.ohio.gov/releases/.
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