Saturday, July 21, 2007

Unemployment in Ohio


July 20th, 2007 · 1 Comment

The latest numbers, released this morning:
Ohio’s unemployment rate was 6.1 percent in June, up from 5.7 percent in May, according to data released this morning by the Ohio Department of Job and Family Services. Ohio’s nonfarm wage and salary employment increased 9,600 over the month, from 5,429,900 in May to 5,439,500 in June.

“While there was an increase in employment, the rise in the unemployment rate in June indicates more Ohioans were looking for work than jobs were available,” ODJFS Director Helen Jones-Kelley said.

The number of workers unemployed in Ohio in June was 363,000, up from 342,000 in May. The number of unemployed has increased by 40,000 in the past 12 months from 323,000. The June unemployment rate for Ohio was up from 5.4 percent in June 2006.

The U.S. unemployment rate for June was 4.5 percent, unchanged from the May rate.

Total Nonagricultural Wage and Salary Employment (Seasonally Adjusted)

Ohio’s nonfarm payroll employment, at 5,439,500 in June, was up 9,600 from May, according to the latest business establishment survey conducted by ODJFS.

Service-providing industries rose 8,500 to 4,416,000. Professional and business services advanced 3,100, while leisure and hospitality increased 3,000. Also up were other services (+2,200), government (+1,900), and educational and health services (+1,200). Employment dropped in trade, transportation and utilities (-1,900), financial activities (-800), and information (-200). Goods-producing industries rose 1,100 to 1,023,500. Gains in nondurable goods boosted manufacturing 1,500, while natural resources and mining added 100 jobs. Construction was down 500 over the month.

Over the past 12 months, nonagricultural wage and salary employment was down 7,900. Goods-producing industries had a loss of 18,300 jobs. A decline of 15,000 in durable goods helped lower manufacturing 18,000. Natural resources and mining slipped 300, while construction was little changed. Service-providing industries rose 10,400 from June 2006. Educational and health services advanced 12,100. Smaller increases occurred in professional and business services (+4,600), leisure and hospitality (+1,300), and other services (+600). Financial activities dropped 4,000 over the year. Also down were government (-3,000), information ( 900), and trade, transportation and utilities ( 300).

Labels: ,

0 Comments:

Post a Comment

<< Home