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By Beacon Journal staff and wire services
POSTED: 11:04 a.m. EDT, Sep 19, 2008
Job losses in manufacturing pushed Ohio's unemployment rate up to 7.4 percent in August, the second consecutive month the rate has been at 7 percent or higher and remaining much higher than the U.S. rate as well, according to state figures released this morning.
The 7.4 percent rate was the state's highest since hitting 7.4 percent in October 1992.
''Ohio's labor market continued to mirror the national trend by showing signs of decline in August,'' Helen Jones-Kelley, director of the Ohio Department of Jobs and Family Services, said in a prepared statement.
There were continued job losses in manufacturing and durable goods, the state reported.
The number of workers unemployed in Ohio in August was 445,000, up from 432,000 in July. The number of unemployed has increased by 106,000 in the past 12 months from 339,000. The August unemployment rate for Ohio was up from 5.7 percent in August 2007. All figures were seasonally adjusted.
The U.S. unemployment rate for August was 6.1 percent, up from 5.7 percent in July.
The August unemployment rates for Ohio's 88 counties and its largest cities are scheduled to be released next week.
Ohio's nonfarm payroll employment fell 3,700 over the month, from 5,410,500 in July to 5,406,800 in August, according to the latest business establishment survey conducted by the state.
Goods-producing industries, at 985,700, declined 6,500 from July, with 6,200 job losses concentrated in manufacturing.
Construction employment was down 400. Natural resources and mining advanced 100.
Service-providing employment rose 2,800 to 4,421,100. Educational and health services was up 2,300 due to growth in health care and social assistance and educational services. Leisure and hospitality rose 800, and government added 700 jobs.
The state reported financial activities lost 600 jobs, information dropped 200 jobs, and professional and business services added 200 jobs. Trade, transportation, and utilities and other services were virtually unchanged over the month.
Job losses in manufacturing pushed Ohio's unemployment rate up to 7.4 percent in August, the second consecutive month the rate has been at 7 percent or higher and remaining much higher than the U.S. rate as well, according to state figures released this morning.
The 7.4 percent rate was the state's highest since hitting 7.4 percent in October 1992.
''Ohio's labor market continued to mirror the national trend by showing signs of decline in August,'' Helen Jones-Kelley, director of the Ohio Department of Jobs and Family Services, said in a prepared statement.
There were continued job losses in manufacturing and durable goods, the state reported.
The number of workers unemployed in Ohio in August was 445,000, up from 432,000 in July. The number of unemployed has increased by 106,000 in the past 12 months from 339,000. The August unemployment rate for Ohio was up from 5.7 percent in August 2007. All figures were seasonally adjusted.
The U.S. unemployment rate for August was 6.1 percent, up from 5.7 percent in July.
The August unemployment rates for Ohio's 88 counties and its largest cities are scheduled to be released next week.
Ohio's nonfarm payroll employment fell 3,700 over the month, from 5,410,500 in July to 5,406,800 in August, according to the latest business establishment survey conducted by the state.
Goods-producing industries, at 985,700, declined 6,500 from July, with 6,200 job losses concentrated in manufacturing.
Construction employment was down 400. Natural resources and mining advanced 100.
Service-providing employment rose 2,800 to 4,421,100. Educational and health services was up 2,300 due to growth in health care and social assistance and educational services. Leisure and hospitality rose 800, and government added 700 jobs.
The state reported financial activities lost 600 jobs, information dropped 200 jobs, and professional and business services added 200 jobs. Trade, transportation, and utilities and other services were virtually unchanged over the month.
Comments
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Posted 02:59 PM, 09/19/2008
Imagine if we would've had Democratic leaders with guts in the halls of Congress during the George W. Bush era, to stand up to him & Cheney and their cronies. How different history would've been.
Posted 03:24 PM, 09/19/2008
and its only going to get worse before it gets better.
Kent, Oh
Posted 04:40 PM, 09/19/2008
Vote Obama
mogadore, oh
Posted 07:50 PM, 09/19/2008
Will the last one out please turn off the lights. Oh..I forgot...I have no electricity.
