By: Gary Ogle
Gogle@wbcowqel.com
Ohio got good news on two fronts Friday when the Ohio Department of Jobs and Family Services released the latest statewide employment data for January.
Ohio and U.S. Employment Situation (Seasonally Adjusted)
Ohio’s unemployment rate was 6.9 percent in January 2014, down from 7.1 percent in December 2013, according to data released this morning by the Ohio Department of Job and Family Services (ODJFS). Ohio’s nonfarm wage and salary employment increased 16,700 over the month, from a revised 5,268,900 in December to 5,285,600 in January.
The number of workers unemployed in Ohio in January was 395,000, down 16,000 from 411,000 in December. The number of unemployed has decreased by 26,000 in the past 12 months from 421,000. The January unemployment rate for Ohio was down from 7.3 percent in January 2013.
The U.S. unemployment rate for January was 6.6 percent, down from 6.7 percent in December and from 7.9 percent in January 2013.
Total Nonagricultural Wage and Salary Employment (Seasonally Adjusted)
Ohio’s nonagricultural wage and salary employment increased 16,700 from 5,268,900 in December 2013 to 5,285,600 in January 2014, 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 876,500, gained 10,900 jobs in construction (+8,000), manufacturing (+2,400), and mining and logging (+500). The private service-providing sector, at 3,652,600, increased 3,300. Job gains in professional and business services (+5,900), leisure and hospitality (+3,400), and financial activities (+1,100) exceeded job losses in trade, transportation, and utilities (-5,200), information (-1,000), educational and health services (-600), and other services (-300). Government employment, at 756,500, added 2,500 jobs over the month. Gains in local (+2,900) and state government (+600) outweighed losses in federal government (-1,000).
From January 2013 to January 2014, nonagricultural wage and salary employment increased 67,100. Goods-producing industries added 21,800 jobs. Construction increased 11,600. Manufacturing added 8,700 jobs in durable goods (+8,100) and non-durable goods (+600). Mining and logging gained 1,500 jobs. The private service-providing sector added 49,000 jobs over the year. Employment gains were seen in professional and business services (+25,600), educational and health services (+10,700), leisure and hospitality (+9,500), trade, transportation, and utilities (+3,700), financial activities (+900), and other services (+600). An over-the-year employment decline occurred in information (-2,000). Government lost 3,700 jobs through federal (-2,400) and state (-1,700) government. Local government posted a slight increase (+400).