CLEVELAND, Ohio — Ohio’s unemployment rate was 4% for June, with the state gaining 1,500 jobs, the Ohio Department of Job and Family Services reported Friday.
Ohio’s jobless rate in May was 4.1%. In June 2018 it was 4.6%.
“That was better than last month when we lost jobs,” said George Zeller of Cleveland, an economic research analyst. “They (Ohio Department of Job and Family Services) initially said that we lost 3,200 jobs. After the revision, released today, we were down by 7,300 for May.”
Revisions, which are customary, are made as more information becomes available.
Zeller said June marked the 79th consecutive month in which Ohio’s job growth rate was below that of the nation. He said Ohio’s job growth rate from June 2018 to June 2019 was 0.83%. The U.S. had a 1.91% job growth rate during that period.
The net increase in jobs included professional and business services, where employment increased 1,300, employment in the category of other service jobs was up 1,200 and government employment increased by 1,100. This included a 700 gain in federal jobs as well as a 200 increase each in federal and local jobs. Construction gained 1,000 jobs.
Industries losing jobs included financial activities, where employment was down 1,200; trade, transportation and utilities, which lost 700 jobs, educational and health services employment decreased by 500 jobs and leisure and hospitality also saw a 500 decrease. Manufacturing lost 400 jobs.
Andrew J. Kidd, an economist with the conservative Buckeye Institute in Columbus, said, “job creation is continuing its summer vacation in Ohio with the June jobs report.” Still, he said there were some positives.
“Despite this lackluster job growth, the unemployment rate did fall to 4% and Ohio’s labor force did grow, meaning people who are looking for jobs are still finding them and some who had stopped looking are now returning to the labor force employed,” Kidd said in a news release.
The U.S. unemployment rate was 3.7% in June, with the nation gaining 224,000 jobs, the Labor Department reported July 5. The U.S. jobless rate was 3.6% in May and 4% in June 2018.
Zeller said Ohio has only gained 7,600 jobs this year.
“The last time we had job growth this weak it was 2009, at the end of the Great Recession,” he said.
Ohio had 233,000 unemployed workers in June, down 6,000 from May. In order to be counted as unemployed a person must both be jobless and actively looking for work.
Ohio’s labor force participation rate was 62.7% in June, up slightly from 62.4% in June 2018. The labor force participation rate reflects the percentage of the population that is either working or looking for work. The U.S. labor force participation rate was 62.9% in June, unchanged from the year before.
Ohio’s employment-to-population ratio was 60.2%, up slightly from 59.5% the year before. This reflects the proportion of the working age population that is employed. The U.S. rate was 60.6% in June, up from 60.4% the year before.
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