Ohio’s unemployment rate was 6.1 percent in March 2014, down from 6.5 percent in February, according to data released by the Ohio Department of Job and Family Services (ODJFS). Ohio’s nonfarm wage and salary employment increased 600 over the month, 5,282,300 in February to 5,282,900 in March.
The number of workers unemployed in Ohio in March was 353,000, down 24,000 from 377,000 in February. The number of unemployed has decreased by 68,000 in the past 12 months from 421,000. The March unemployment rate for Ohio was down from 7.3 percent in March 2013.
The U.S. unemployment rate for March was 6.7 percent, unchanged from February, and down from 7.5 percent in March 2013.
Total Nonagricultural Wage and Salary Employment (Seasonally Adjusted)
Ohio’s nonagricultural wage and salary employment increased 600 over the month, from a revised 5,282,300 in February to 5,282,900 in March, 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 873,800, added 1,000 jobs from February. Gains in construction (+4,600) were partially offset by losses in manufacturing (-3,500) and mining and logging (-100). The private service-providing sector, at 3,658,900, increased 2,800. Job gains were seen in leisure and hospitality (+4,800), professional and business services (+3,200), and educational and health services (+2,400). Losses occurred in trade, transportation, and utilities (-4,900), other services (-1,600), financial activities (-900), and information (-200). Government employment, at 750,200, decreased 3,200. Local and federal government lost 3,500 and 100 jobs respectively, while state government added 400 jobs.
From March 2013 to March 2014, nonagricultural wage and salary employment increased 53,600. Goods-producing industries increased 18,300. Manufacturing gained 9,800 jobs in durable goods (+8,600) and non-durable goods (+1,200). Construction added 7,800 jobs and mining and logging employment increased 700. Private service-providing industries added 41,900 jobs over the year. Employment increased in professional and business services (+24,000), leisure and hospitality (+11,000), educational and health services (+10,900), other services (+1,200), and trade, transportation, and utilities (+1,100). Over-the-year employment declines occurred in financial activities (-3,700) and information (-2,600). Government employment decreased 6,600 at the local (-2,700), state (-2,400), and federal (-1,500) levels.
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