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Economy and Business


Ohio unemployment rate drops to 6.9 percent
And revised jobs data also show higher 2013 employment gains than initially thought
Story by STEVE BROWN


 
The unemployment rate is down to 6.9 percent in Ohio, meaning fewer Ohioans are filling out job applications.
Courtesy of Kathryn Decker
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The state is out with the latest unemployment report that shows an improving job market.

LISTEN: BROWN ON UNEMPLOYMENT

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The report released Friday covers the month of January, during which state officials say Ohio gained 16,000 jobs and the unemployment fell two-tenths of a percent to 6.9 percent. Department of Job and Family Services spokesman Ben Johnson says some industries did better than others.

“We saw a big increase in construction employment, 8,000 additional jobs," Johnson says. "We saw gains in professional and business services, almost 6,000 additional jobs there.”

Trade, transportation and utilities lost the most jobs.

But maybe most surprising were revised figures from 2013. Johnson says the monthly surveys added up to 25,000 jobs gained, but actual tax data showed 51,000 jobs gained. Johnson says the monthly surveys are just that: only surveys.

Listener Comments:

You should probably change the title to Unemployment rate instead of employment rate.


Posted by: Ty (Idaho) on March 7, 2014 6:03AM
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