Ohio's unemployment rate was 7.3 percent in May, down from 7.4 percent in April, according to data released by the Ohio Department of Job and Family Services (ODJFS). Ohio's nonfarm wage and salary employment increased 19,600 over the month from the revised 5,139,300 in April to 5,158,900 in May.
The number of workers unemployed in Ohio in May was 426,000, down from 431,000 in April. The number of unemployed has decreased by 86,000 in the past 12 months from 512,000. The May unemployment rate for Ohio was down from 8.8 percent in May 2011.
The U.S. unemployment rate for May was 8.2 percent, up from 8.1 percent in April, but down from 9.0 percent in May 2011.
Total Nonagricultural Wage and Salary Employment (Seasonally Adjusted)
Ohio's nonfarm payroll employment increased 19,600 over the month, from 5,139,300 in April to 5,158,900 in May, according to the latest business establishment survey conducted by the U.S. Bureau of Labor Statistics.
Service-providing industries increased 10,700 over the month to 4,312,900. Job growth occurred in professional and business services (+4,500), educational and health services (+4,300), leisure and hospitality (+2,900), other services (+1,400), and financial activities (+800). Losses occurred in trade, transportation, and utilities (-2,100), government (-1,000), and information (-100). Goods-producing industries, at 846,000, were up 8,900 from April. Manufacturing added 6,400 jobs, construction increased 2,400, and mining and logging gained 100.
From May 2011 to May 2012, nonagricultural wage and salary employment rose by 75,700. Service-providing industries added 49,100 jobs. The most significant gains occurred in educational and health services (+21,300), trade, transportation, and utilities (+16,500), and professional and business services (+10,800). Also showing improvement were other services (+3,200), government (+2,400), and information (+1,700). Over-the-year declines were posted in leisure and hospitality (-5,900) and financial activities (-900). Goods-producing industries increased 26,600. Manufacturing gained 21,600 jobs through expansion in durable goods (+15,400) and nondurable goods (+6,200). Construction added 4,600 jobs while mining and logging employment increased 400.
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