County August jobless rate down to 4 percent


Still well below state and national average for month

By Gary Brock - gbrock@aimmediamidwest.com



Madison County’s unemployment rate fell in August, 4 percent compared to 4.2 percent in July, according to a report released by the Ohio Department of Jobs and Family Services (ODJFS).

June’s rate was also 4.2 percent, while in May the jobless rate for Madison County was 3.5 percent.

The county’s August jobless rate was still below both the state and national averages. Ohio’s unemployment rate was 5.4 percent in August, up from 5.2 percent in July. Ohio’s nonagricultural wage and salary employment increased 5,200 over the month, from a revised 5,540,000 in July to 5,545,200 in August 2017.

According to the report, the following are the central Ohio jobless numbers in August for counties surrounding Madison County: Union, 3.9 percent, down from 4.1 percent the previous month; Franklin, 4.3 percent, unchanged from the 4.3 percent last month; Pickaway, 4.7 percent, a slight drop from 4.8 percent in July; Fayette, 4.1 percent, a drop from 4.5 percent in July; Greene, 4.6 percent, a big drop from 6 percent in July; Clark, 5 percent, down from 5.7 percent, down from 5 percent in July; and Champaign, 4.4 percent, a drop from 5.1 percent in July.

The number of workers unemployed in Ohio in August was 311,000, up 11,000 from 300,000 in July. The number of unemployed has increased by 29,000 in the past 12 months from 282,000. The August unemployment rate for Ohio increased from 4.9 percent in August, 2016.

The U.S. unemployment rate for August was 4.4 percent up from 4.3 percent in July and down from 4.9 percent in August 2016.

Ohio’s nonagricultural wage and salary employment increased 5,200 over the month, from a revised 5,540,000 in July to 5,545,200 in August 2017, according to the latest business establishment survey conducted by the U.S. Department of Labor (Bureau of Labor Statistics) in cooperation with ODJFS.

According to the state report, the following is the total Nonagricultural Wage and Salary Employment (Seasonally Adjusted) for August:

Employment in goods-producing industries, at 910,000, increased 3,500 over the month due to gains in construction (+1,900) and manufacturing (+1,600). Employment in mining and logging did not change from July. The private service-providing sector, at 3,859,400, added 7,600 jobs. Employment gains in leisure and hospitality (+6,600), educational and health services (+3,800), and other services (+3,200) surpassed losses in trade, transportation, and utilities (-4,500), professional and business services (-1,000), financial activities (-400), and information (-100). Government employment, at 775,800, decreased 5,900 due to losses in state (-3,600), local (-1,900), and federal (-400) government.

From August 2016 to August 2017, nonagricultural wage and salary employment grew 57,100. Employment in goods-producing industries increased 10,500. Construction added 8,100 jobs. Manufacturing employment increased 2,100 in nondurable goods (+1,600) and durable goods (+500). Mining and logging added 300 jobs. The private service-providing sector added 50,800 jobs. Employment gains in educational and health services (+21,800), leisure and hospitality (+18,700), financial activities (+8,800), professional and business services (+7,900), other services (+2,900), and information (+900) exceeded losses in trade, transportation, and utilities (-10,200). Government employment decreased 4,200 as losses in state (-4,600) and federal (-100) government outweighed gains in local government (+500).

Still well below state and national average for month

By Gary Brock

gbrock@aimmediamidwest.com

Reach General Manager/Editor Gary Brock at 937-556-5759.

Reach General Manager/Editor Gary Brock at 937-556-5759.