The jobless rate for Madison County increased in May to 3.5 percent, according to a report released this week by the Ohio Department of Jobs and Family Services (ODJFS).
This is the first increase this year in the jobless rate for Madison County. Madison County’s jobless rate in April was 3.2 percent, one of the lowest in Ohio.
The county’s jobless rate had fallen every month this year prior to May. The May Madison County jobless number was, however, well under the state average in May of 4.9 percent, which was a slight statewide drop from 5 percent in April.
Madison County’s rate was again ninth lowest in the state. The jobless rate in May 2016 was 3.3 percent. In 2016, according to the state, Madison County’s average jobless rate for the year was 3.6 percent and 4 percent in 2015.
According to the report, most other central Ohio counties saw an increase in the jobless rate, as well. Here are the May jobless numbers for counties surrounding Madison County: Union, 3.4 percent, up from 3 percent the previous month; Franklin, 3.7 percent, up from 3.4 percent; Pickaway, 4 percent, up from 3.9 percent; Fayette, 3.8 percent, up from 3.4 percent; Greene, 4 percent, a drop from 4.6 percent in April; Clark, 4.3 percent, up from 4.1 percent; and Champaign, 3.8 percent, up from 3.5 percent in April.
The estimated labor force in Madison County in May was 21,000, with employment at 20,300.
Ohio’s nonagricultural wage and salary employment increased 6,300 over the month, from a revised 5,509,100 in April to 5,515,400 in May 2017.
The number of workers unemployed in Ohio in May was 286,000, down 2,000 from 288,000 in April. The number of unemployed has increased by 4,000 in the past 12 months from 282,000. The May unemployment rate for Ohio, at 4.9 percent, did not change from May 2016.
The U.S. unemployment rate for May 2017 was 4.3 percent, 0.1 percentage points lower than in April 2017, and 0.4 percentage points lower than in May 2016.
Ohio’s nonagricultural wage and salary employment increased 6,300 over the month, from a revised 5,509,100 in April to 5,515,400 in May 2017, according to the latest business establishment survey conducted by the U.S. Department of Labor (Bureau of Labor Statistics) in cooperation with ODJFS.
Employment in goods-producing industries, at 905,700, decreased 5,600 over the month as losses in manufacturing (-3,600) and construction (-2,100) exceeded gains in mining and logging (+100). The private service-providing sector, at 3,836,100, increased 5,200. Employment gains in professional and business services (+7,000), educational and health services (+6,500), other services (+2,900) and financial activities (+1,900) surpassed losses in leisure and hospitality (-6,000), trade, transportation and utilities (-5,900) and information (-1,200). Government employment, at 773,600, increased 6,700 in state (+5,000), local (+1,300) and federal (+400) government.
From May 2016 to May 2017, nonagricultural wage and salary employment grew 41,100. Employment in goods-producing industries increased 4,500. Construction added 4,900 jobs. Manufacturing lost 400 jobs as losses in durable goods (-1,800) surpassed gains in nondurable goods (+1,400). Mining and logging employment did not change over the year. The private service-providing sector added 38,700 jobs. Employment gains in educational and health services (+22,800), professional and business services (+11,300), financial activities (+6,300), leisure and hospitality (+2,500) and information (+900) exceeded losses in trade, transportation and utilities (-5,100). Employment in other services did not change over the year. Government employment decreased 2,100 as losses in state government (-2,900) outweighed gains in federal (+700) and local (+100) government.