Ohio’s unemployment rate unchanged for January at 5%

Written on Mar 17, 2017

Ohio’s unemployment rate was 5.0% in January as the Buckeye state saw a drop in 2,100 jobs from December, according to new figures from the Ohio Department of Job and Family Services (ODJFS).

The report showed the unemployment rate was unchanged from the revised 5.0% from December. ODJFS said the number of unemployed workers in January was 287,000, up 3,000 from 284,000 in December. The number of unemployed workers increased by 4,000 in the past 12 months from 283,000 in January 2016.

The national unemployment rate for January was 4.8%.

According to ODJFS, goods-producing industries, at 913,000, added 9,900 jobs in construction (+7,800), manufacturing (+1,900), and mining and logging (+200). The private service-providing sector, at 3,817,100, lost 11,900 jobs. Employment losses in educational and health services (-10,800); leisure and hospitality (-4,400); other services (-1,600); and information (-700) surpassed gains in financial activities (+4,500); trade, transportation, and utilities (+900); and professional and business services (+200). Government employment, at 771,500, decreased 100 as losses in federal government (-700) outweighed gains in local government (+600). State government did not change from December.

From January 2016 to January 2017, nonagricultural wage and salary employment grew 31,100. Employment in goods-producing industries increased 6,100. Manufacturing added 3,500 jobs as gains in nondurable goods (+6,400) surpassed losses in durable goods (-2,900). Construction added 3,400 jobs. Mining and logging lost 800 jobs. The private service-providing sector added 28,300 jobs. Employment gains in educational and health services (+8,100); financial activities (+8,000); trade, transportation, and utilities (+7,200); professional and business services (+3,900); leisure and hospitality (+1,700); and information (+1,100) exceeded losses in other services (-1,700). Government employment decreased 3,300 as losses in local (-3,600) and state (-500) government outweighed gains in federal government (+800).

Policy Matters Ohio said the data shows 2016 was the worst year for job growth in Ohio since the end of the recession in 2009. With a gain of less than 50,000 jobs, the growth rate was 0.9% over the year, while the national rate during the same period was 1.6%.

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