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Dayton Business Journal...
Ohio unemployment falls to 7.3%
by Rick Rouan, Web coordinator
Friday, June 15, 2012 

Unemployment in Ohio inched down for the tenth consecutive month in May, hitting its lowest rate since October 2008 as more people went to work and fewer stood in the unemployment line. 

The state’s unemployment rate dropped to 7.3 percent last month, down from 7.4 percent in April, according to data released Friday by the Ohio Department of Job and Family Services. Unemployment was at 8.8 percent in May 2011. 

“It’s so encouraging that Ohioans are getting back to work. Things are heading in the right direction and that’s great to see, but we’re far from being out of the woods,” Gov. John Kasich said in a release. “Headwinds from Washington don’t help and I remain concerned about our future progress. The best thing that can happen is for Ohio to continue pursuing the jobs-friendly policies that are tearing down barriers to job creation and for Washington to learn from our progress.” 

Employment in the state increased by 19,600 from about 5.14 million in April to about 5.16 million in May. The number of unemployed workers fell from 431,000 in April to 426,000 in May, a 5,000-worker dropoff, the state said. 

Those two data points come from different surveys — one of households and the other of business payrolls — and sometimes can paint differing pictures of statewide employment. 

But this month, both numbers signaled a brighter jobs outlook in the state, ODJFS Spokesman Benjamin Johnson said. 

“The numbers were really good this month. The unemployment rate fell and the state added almost 20,000 jobs,” he said. “But I also caution people and don’t want people to forget that there are still 426,000 unemployed Ohioans.” 

The trade, transportation and utilities sector lost 2,100 jobs in May, the most of any category the state tracks. Government jobs decreased by 1,000 throughout the state last month. 

The biggest jobs gainer was the professional and business services category, which added 4,500 jobs. Educational and health services added 4,300 jobs last month. 

Johnson said that, though statewide unemployment numbers are seasonally adjusted, seasonal factors do affect what sectors are adding jobs. For example, the leisure and hospitality sector netted 2,900 jobs included 4,400 listed under arts, entertainment and recreation, he said. Local governments added 2,600 jobs, and that likely includes seasonal operation of municipal golf courses and pools, he said. 

“That’s driven at least in part by seasonal work, seasonal recreation work, amusement parks,” Johnson said. 

Read this and other articles in the Dayton Business Journal


 
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