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Ohio's jobless rate at 9.4 percent

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Ohio's unemployment rate was 9.4 percent in January, down from the revised 9.5 percent in December, according to data released this morning by the Ohio Department of Job and Family Services (ODJFS). Ohio’s nonfarm wage and salary employment increased 31,900 over the month, from the revised 5,034,200 in December to 5,066,100 in January.

The number of workers unemployed in Ohio in January was 551,000, down from 560,000 in December. The number of unemployed has decreased by 75,000 in the past 12 months from 626,000. The January unemployment rate for Ohio was down from 10.6 percent in January 2010.

The U.S. unemployment rate for January was 9.0 percent, down fron 9.4 in December.

Total Nonagricultural Wage and Salary Employment (Seasonally Adjusted)
Ohio’s nonfarm payroll employment advanced 31,900 over the month, from 5,034,200 in December to 5,066,100 in January, according to the latest business establishment survey conducted by ODJFS.

Service-providing industries, at 4,261,600, were up 23,300 from December. The largest increases occurred in professional and business services (+6,100) and trade, transportation, and utilities (+6,000). Other industries gaining jobs included educational and health services (+4,600), financial activities (+4,500), leisure and hospitality (+2,300), and other services (+1,200) while government (-1,200) and information (-200) experienced losses. Goods-producing industries increased 8,600 to 804,500. Construction (+5,200) and manufacturing (+3,600) grew over the month but mining and logging decreased 200.

Over the past 12 months, nonagricultural wage and salary employment advanced 57,000. Service-providing industries added 46,100 jobs, primarily driven by growth in professional and business services (+22,900) and educational and health services (+16,900). Other industries experiencing gains included leisure and hospitality (+8,500), other services (+5,000) and trade, transportation, and utilities (+400). Losses occurred in government (-4,900), information (-2,000) and financial activities (-700). Goods-producing industries increased 10,900 since January 2010. Manufacturing added 12,900 jobs as an increase in durable goods (+14,300) outweighed a decline in nondurabe goods (-1,400). Mining and logging also experienced slight growth (+300) but construction decreased 2,300 over the year.[[In-content Ad]]

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