Ohio's jobless rate dips to 9.9 percent

Ohio's jobless rate dips to 9.9 percent

Ohio's unemployment rate was 9.9 percent in October, down slightly from 10.0 percent in September, according to data released by the Ohio Department of Job and Family Services (ODJFS). Ohio’s nonfarm wage and salary employment increased 8,400 over the month, from the revised 5,014,500 in September to 5,022,900 in October.

"The number of Ohioans with jobs increased in September, driving the unemployment rate down for the seventh consecutive month," ODJFS Director Douglas Lumpkin said. "Ohio’s unemployment rate fell below 10% for the first time since March 2009, thanks to job gains in both the goods-producing and service-providing industries."

The number of workers unemployed in Ohio in October was 588,000, down from 591,000 in September. The number of unemployed has decreased by 50,000 in the past 12 months from 638,000. The October unemployment rate for Ohio was down from 10.8 percent in October 2009.

Ohio Governor Ted Strickland released the following statement after data this morning showed that Ohio's unemployment rate dropped for the 7th consecutive month in October, dropping below 10 percent.

"By making strategic decisions, we have laid the foundation for a reinvigorated middle class and long-term economic progress in Ohio.  We made meaningful reforms in our schools, improving teacher training and our students' critical thinking skills, to unleash the transformative power of education.  We established and invested in the University System of Ohio to propel the creative power of innovation.  And we invested in high-growth industries and established a competitive tax structure to develop a more business-friendly environment.  It's clear that Ohio is poised for growth. 

"Ohio's unemployment rate has fallen for seven consecutive months and Ohio had the fifth fastest-growing economy over the past 12 months, according to the Federal Reserve Bank in Philadelphia. Our forward-looking policies are putting Ohioans back to work, helping business recover from the global recession, and attracting new, growing industries to Ohio."

The U.S. unemployment rate for October was 9.6 percent, unchanged from September.

Total Nonagricultural Wage and Salary Employment (Seasonally Adjusted)

Ohio’s nonfarm payroll employment rose 8,400 over the month, from 5,014,500 in September to 5,022,900 in October, according to the latest business establishment survey conducted by ODJFS.

Service-providing industries, at 4,219,400, were up 7,200 from September. The largest increase occurred in government (+4,300). Other industries adding jobs included professional and business services (+2,700), leisure and hospitality (+2,600), and educational and health services (+2,100). Declines took place in financial activities (-3,000), other services (-600), trade, transportation, and utilities (-500), and information (-400). Goods-producing industries increased 1,200 to 803,500 as construction and manufacturing added 600 jobs each. Mining and logging remained at the September level.

Over the past 12 months, nonagricultural wage and salary employment advanced 6,000. Goods-producing industries added 4,500 jobs. The most notable increase occurred in manufacturing (+8,700) as a gain in durable goods (+11,800) exceeded a loss in nondurable goods (-3,100). Mining and logging improved 200, while construction declined 4,400. Service-providing industries increased 1,500 since October 2009. Significant gains were posted in professional and business services (+13,600), educational and health services (+10,200), and leisure and hospitality (+7,200). Financial activities (-12,100), government (-9,400), information (-3,300), other services (-2,600), and trade, transportation, and utilities (-2,100) declined over the year.

Ohio's unemployment rate was 9.9 percent in October, down slightly from 10.0 percent in September, according to data released by the Ohio Department of Job and Family Services (ODJFS). Ohio’s nonfarm wage and salary employment increased 8,400 over the month, from the revised 5,014,500 in September to 5,022,900 in October.

"The number of Ohioans with jobs increased in September, driving the unemployment rate down for the seventh consecutive month," ODJFS Director Douglas Lumpkin said. "Ohio’s unemployment rate fell below 10% for the first time since March 2009, thanks to job gains in both the goods-producing and service-providing industries."

The number of workers unemployed in Ohio in October was 588,000, down from 591,000 in September. The number of unemployed has decreased by 50,000 in the past 12 months from 638,000. The October unemployment rate for Ohio was down from 10.8 percent in October 2009.

Ohio Governor Ted Strickland released the following statement after data this morning showed that Ohio's unemployment rate dropped for the 7th consecutive month in October, dropping below 10 percent.

"By making strategic decisions, we have laid the foundation for a reinvigorated middle class and long-term economic progress in Ohio. We made meaningful reforms in our schools, improving teacher training and our students' critical thinking skills, to unleash the transformative power of education. We established and invested in the University System of Ohio to propel the creative power of innovation. And we invested in high-growth industries and established a competitive tax structure to develop a more business-friendly environment. It's clear that Ohio is poised for growth. 

"Ohio's unemployment rate has fallen for seven consecutive months and Ohio had the fifth fastest-growing economy over the past 12 months, according to the Federal Reserve Bank in Philadelphia. Our forward-looking policies are putting Ohioans back to work, helping business recover from the global recession, and attracting new, growing industries to Ohio."

The U.S. unemployment rate for October was 9.6 percent, unchanged from September.

Total Nonagricultural Wage and Salary Employment (Seasonally Adjusted)

Ohio’s nonfarm payroll employment rose 8,400 over the month, from 5,014,500 in September to 5,022,900 in October, according to the latest business establishment survey conducted by ODJFS.

Service-providing industries, at 4,219,400, were up 7,200 from September. The largest increase occurred in government (+4,300). Other industries adding jobs included professional and business services (+2,700), leisure and hospitality (+2,600), and educational and health services (+2,100). Declines took place in financial activities (-3,000), other services (-600), trade, transportation, and utilities (-500), and information (-400). Goods-producing industries increased 1,200 to 803,500 as construction and manufacturing added 600 jobs each. Mining and logging remained at the September level.

Over the past 12 months, nonagricultural wage and salary employment advanced 6,000. Goods-producing industries added 4,500 jobs. The most notable increase occurred in manufacturing (+8,700) as a gain in durable goods (+11,800) exceeded a loss in nondurable goods (-3,100). Mining and logging improved 200, while construction declined 4,400. Service-providing industries increased 1,500 since October 2009. Significant gains were posted in professional and business services (+13,600), educational and health services (+10,200), and leisure and hospitality (+7,200). Financial activities (-12,100), government (-9,400), information (-3,300), other services (-2,600), and trade, transportation, and utilities (-2,100) declined over the year.