OH unemployment rates drops in February

Rosemary Collier
March 24, 2018

PROVIDENCE, R.I. (AP) — State labor officials Rhode Island's unemployment rate held steady at 4.5 percent in February, unchanged from January. The data also shows Wisconsin gained 1,500 non-farm jobs over the month.

"The past two calendar years have been marked by slow and slowing growth", she wrote. From January 2018 to February 2018, wholesale trade decreased by 600 jobs; retail trade increased by 2,400; and transportation, warehousing and utilities decreased by 500 positions.

The largest private sector percentage job gains over the year were in Construction; Leisure and Hospitality; Professional, Scientific and Business Services; and Other Services.

Government employment in OH decreased by 300 jobs in February.

Manufacturing added 700 (+0.3%) jobs over the month. That total is still better than the 27,200 reported for a year earlier. The rates have been seasonally adjusted for factors that might temporarily influence employment. Data for 1999 is not available.

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Financial Activities gained 200 (+0.1%) jobs over the month.

Zeller stands by his calculations. Construction fell 0.8 percent (-100 jobs), a smaller loss than in recent months.

Still, Illinois' job gains continue to limp far behind the nation's.

Looking toward the rest of the year, Reaser predicted employers will have a hard time filling jobs, from engineers to roofers.

Zeller said job growth this year hasn't been enough to offset 2017's dismal employment data. Compared with February 2017, total nonfarm jobs have expanded by 8,900, or 1.4%. "That is virtually zero". The labor force participation rate, the share of working age population employed and unemployed, was 65.4 percent. The gains were seen across most industries, she said.

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DE counted 457,100 non-farm jobs in January and 456,800 in February. Job gains have been mostly steady since then, with dips in December and January.

Official data showed the non-agricultural unemployment rate also remained the same, at 13 percent previous year.

The state's unemployment rate is still below the national rate of 4.1. Major cities with the highest unemployment rates are: Prichard at 7.5 percent, Selma at 7.2 percent and Anniston at 6.5 percent. It includes students, stay-at-home parents and retirees who are not actively seeking work and who are not counted in the unemployment rate.

The Rhode Island rate is four-tenths of a percentage point higher than the national rate of 4.1 percent.

Labor force statistics, including the unemployment rate, are based on estimates from the current population survey of households. "The unemployment gauge might edge down this month", DGBAS Deputy Director Pan Ning-hsin (潘寧馨) told a media briefing.

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