Statewide Unemployment Rate Fell in December

Ohio’s unemployment rate was 7.2 percent in December 2013, down from 7.4 percent in November, according to data released this morning by the Ohio Department of Job and Family Services (ODJFS). The change came from a combination of more people finding work as well as fewer people looking.

Ohio’s nonfarm wage and salary employment increased 5,000 over the month, from a revised 5,195,600 in November to 5,200,600 in December. The number of workers unemployed in Ohio in December was 416,000, down 11,000 from 427,000 in November. The number of unemployed has increased by 31,000 in the past 12 months from 385,000.

The December unemployment rate for Ohio was up from 6.7 percent in December 2012.

The U.S. unemployment rate for December was 6.7 percent, down from 7.0 percent in November and from 7.9 percent in December 2012.

Total Nonagricultural Wage and Salary Employment (Seasonally Adjusted)
Ohio’s nonagricultural wage and salary employment increased 5,000 over the month, from 5,195,600 in November 2013 to 5,200,600 in December, according to the latest business establishment survey conducted by the U.S. Department of Labor (Bureau of Labor Statistics) in cooperation with ODJFS.

Goods-producing industries, at 852,700, gained 5,600 jobs over the month. Job gains were seen in construction (+4,000), manufacturing (+1,400), and mining and logging (+200). The private service-providing sector, at 3,607,900, lost 200 jobs. Employment declines in educational and health services (-3,700), trade, transportation, and utilities (-1,500), information (-400), financial activities (-200), and other services (-200) exceeded gains in professional and business services (+3,400) and leisure and hospitality (+2,400). Government employment, at 740,000, lost 400 jobs.  Employment declines in state government (-700) exceeded gains in federal government (+200) and local government (+100).

From December 2012 to December 2013, nonagricultural wage and salary employment increased 25,600. Goods-producing industries added 5,200 jobs. Manufacturing added 4,900 jobs in durable goods (+4,500) and non-durable goods (+400). Mining and logging gained 700 jobs, while construction lost 400. The private service-providing sector added 29,900 jobs. Job gains were posted in educational and health services (+11,500), professional and business services (+10,800), trade, transportation, and utilities (+7,600), leisure and hospitality (+5,700), and other services (+200).  Job declines were seen in information (-3,000) and financial activities (-2,900). Government lost 9,500 jobs over the year through losses in local government (-7,800) and federal government (-1,800). State government posted a small increase (+100).

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