Ohio's unemployment rate was 7.6 percent in February, down from 7.7 percent in January, according to data released by the Ohio Department of Job and Family Services (ODJFS). Ohio's nonfarm wage and salary employment rose 28,300 over the month from the revised 5,119,300 in January to 5,147,600 in February.
The number of workers unemployed in Ohio in February was 443,000, down from 447,000 in January. The number of unemployed has decreased by 74,000 in the past 12 months from 517,000.
The February unemployment rate for Ohio was down from 8.9 percent in February 2011.
The local rate for Marion County will be released next week.
The U.S. unemployment rate for February was 8.3 percent, unchanged from January.
Total Nonagricultural Wage and Salary Employment (Seasonally Adjusted)
Ohio's nonfarm payroll employment increased 28,300 over the month, from 5,119,300 in January to 5,147,600 in February, according to the latest business establishment survey conducted by ODJFS.
Service-providing industries increased 21,300 over the month to 4,304,500. The most significant increases were posted in trade, transportation and utilities (+7,400), government (+4,700), educational and health services (+3,300), and other services (+3,300). Gains also occurred in leisure and hospitality (+2,200) and professional and business services (+1,600). The financial activities ( 1,300) and information (-200) industries experienced over-the-month losses. Goods-producing industries, at 843,100, were up 7,000 from January. Construction (+4,200), manufacturing (+2,700), and mining and logging (+100) grew over the month.
From February 2011 to February 2012, nonagricultural wage and salary employment grew 73,500. Service-providing industries added 47,000 jobs. The most significant gains occurred in trade, transportation and utilities (+21,500), educational and health services (+15,900), and professional and business services (+7,100). Also showing improvement were other services (+4,900), information (+1,600), and leisure and hospitality (+400). Financial activities (-2,200) and government (-2,200) declined over the year. Goods-producing industries increased 26,500. Manufacturing gained 18,600 jobs through expansion in durable goods (+18,100) and nondurable goods (+500). Construction added 7,300 jobs while mining and logging employment increased 600.
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