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.
News release dates A calendar of 2014 release dates is
available online at http://OhioLMI.com/laus/releases.htm. County, city and metropolitan area
unemployment rates for February 2014 will be posted online at http://OhioLMI.com/laus/current.htm on Tuesday, March 25. March 2014 unemployment rates
and nonagricultural wage and salary data for Ohio will be released by ODJFS on
Friday, April 18, 2014. This
information and the monthly statistical summaries it is based on are also available at https://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. |