Ohio jobless rate remains at 3.9%


News Journal



U.s. and Ohio unemployment compared over the past year.

U.s. and Ohio unemployment compared over the past year.


ODJFS

COLUMBUS, Ohio — Ohio’s unemployment rate was 3.9% in July 2022, unchanged from June 2022, according to a Friday news release from the Ohio Department of Job and Family Services.

Survey data

The number of workers unemployed in Ohio in July was 224,000, unchanged from June. The number of unemployed has decreased by 71,000 in the past 12 months from 295,000. The July unemployment rate for Ohio decreased from 5.1% in July 2021.

The U.S. unemployment rate for July 2022 was 3.5%, down from 3.6% in June 2022, and down from 5.4% in July 2021.

In July 2022, the labor force participation rate in Ohio was 61.9%, down from 62.0% in June 2022 and up from 61.7% in July 2021. During the same period, the national labor force participation rate was 62.1%, down from 62.2% in June 2022 and up from 61.7% in July 2021.

Ohio’s nonagricultural wage and salary employment increased 7,000 over the month, from a revised 5,477,000 in June to 5,484,000 in July, according to the latest business establishment survey conducted by the U.S. Department of Labor (Bureau of Labor Statistics) in cooperation with the ODJFS.

Employment in goods-producing industries, at 924,300, increased 3,500 over the month as gains in manufacturing (+4,100) and mining and logging (+100) exceeded losses in construction (-700).

The private service-providing sector, at 3,801,200, increased 3,400 as gains in educational and health services (+1,800); leisure and hospitality (+1,800); financial activities (+1,000); and information (+500) surpassed losses in professional and business services (-900); trade, transportation, and utilities (-400); and other services (-400).

Government employment, at 758,500, increased 100 as gains in local (+1,700) and federal (+500) government outpaced losses in state government (-2,100).

From July 2021 to July 2022, nonagricultural wage and salary employment increased 83,100.

Employment in goods-producing industries increased 26,800.

Manufacturing added 16,100 jobs in nondurable goods (+8,600) and durable goods (+7,500).

Construction added 10,500 jobs while mining and logging gained 200 jobs.

Employment in the private service-providing sector increased 52,800 as gains in leisure and hospitality (+25,400); trade, transportation, and utilities (+18,800); other services (+7,300); information (+3,800); and financial activities (+900) outweighed losses in educational and health services (-2,600) and professional and business services (-800).

Government employment increased 3,500 as gains in local government (+8,000) exceeded losses in state government (-4,500).

Federal government employment did not change over the year.

U.s. and Ohio unemployment compared over the past year.
https://www.wnewsj.com/wp-content/uploads/sites/22/2022/08/web1_us-vs-ohio-jobless.jpgU.s. and Ohio unemployment compared over the past year. ODJFS

News Journal