The unemployment rate for Marion County dipped in August 2014 to 5.4 percent, down from 6.1 percent in July. While decreases in the past have generally been dependent on a decreased workforce, this drop is significant because it comes with a larger workforce. Officials are hopeful that this could be a sign of an improving local job environment.
The August rate matches the rate from back in April 2014, but with an additional 200 individuals in the available workforce.
The latest figures also place the Marion County unemployment rate below the state’s rate of 5.7 percent.
All of the other counties surrounding Marion also saw decreases in their unemployment rates.
County – Aug-14 – Jul-14 – Aug-13
Crawford – 5.6 – 6.8 – 8.1
Delaware – 3.8 – 4.3 – 5.3
Hardin – 5.0 – 6.0 – 7.7
Marion – 5.4 – 6.1 – 7.6
Morrow – 4.5 – 5.0 – 6.5
Union – 4.1 – 4.6 – 5.7
Wyandot – 4.2 – 4.7 – 6.3
Click here to view unemployment rates from all 88 Ohio counties.
Ohio’s unemployment rate was 5.7 percent in August 2014, unchanged from July 2014. Ohio’s nonfarm wage and salary employment increased 200 over the month, from a revised 5,292,700 in July to 5,292,900 in August.
The U.S. unemployment rate for August was 6.1 percent, down from 6.2 percent in July, and down from 7.2 percent in August 2013.
Click here to learn more about the statewide unemployment situation.
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