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Ohio's unemployment rate unchanged at 7.2 percent

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Ohio's unemployment rate was 7.2 percent in July, unchanged from June, according to data released this morning by the Ohio Department of Job and Family Services (ODJFS).

Ohio's nonfarm wage and salary employment increased 11,000 over the month from the revised 5,176,100 in June to 5,187,100 in July

The number of workers unemployed in Ohio in July was 418,000, down from 420,000 in June. The number of unemployed has decreased by 97,000 in the past 12 months from 515,000. The July unemployment rate for Ohio was down from 8.9 percent in July 2011.

The U.S. unemployment rate for July was 8.3 percent, up from 8.2 percent in June, but down from 9.1 percent in July 2011.

 

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Total Nonagricultural Wage and Salary Employment (Seasonally Adjusted)
Ohio's nonfarm payroll employment increased 11,000 over the month, from 5,176,100 in June to 5,187,100 in July, according to the latest business establishment survey conducted by the U.S. Department of Labor (Bureau of Labor Statistics) in cooperation with ODJFS.

Service-providing industries increased 12,100 over the month to 4,335,600. Job growth occurred in educational and health services (+11,700), other services (+2,300), trade, transportation, and utilities (+1,300) financial activities (+1,300), and professional and business services (+1,000). Losses occurred in government (-5,300), information (-100), and leisure and hospitality (-100). Goods-producing industries, at 851,500, lost 1,100 from June as a decrease in construction (-4,300) offset gains in manufacturing (3,200). Mining and logging remained constant.

From July 2011 to July 2012, nonagricultural wage and salary employment rose by 100,300. Service-providing industries added 77,300 jobs. The most significant gains occurred in educational and health services (+32,500), trade, transportation and utilities (+27,600) and professional and business services (+12,400). Also showing improvement were other services (+7,500), financial activities (+1,200), leisure and hospitality (+300) and information (+200). Over-the-year declines were posted in government (-4,400). Goods-producing industries increased 23,000. Manufacturing gained 20,900 jobs through expansion in durable goods (+16,000) and nondurable goods (+4,900). Construction added 1,900 jobs while mining and logging employment increased 200.

 

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