Ohio Unemployment Rate for January 2016 Released

Ohio's January 2016 unemployment rate increased again to 4.9% from 4.8% in December and 4.5% in November 2015.  It had reached a fourteen year low of 4.4% in October 2015.  The number of unemployed increased from December by 6,000 to a total of 279,000.  The largest losses in jobs were professional and business services losing 6,500 jobs and local government jobs reduced by 5,500.

The Ohio Department of Jobs and Family Services released the unemployment rate for January 2016, reporting that it increased to 4.9% from 4.8% for December 2015 and the fourteen year low of 4.4% in October 2015.  It is reported that 100 jobs were added in Ohio in January, although the number of unemployed also increased to 279,000, up 6,000 from 273,000 in December.  The national unemployment rate decreased slightly from 5.0% to 4.9%.

The winners in terms of job increases were trade, Transportation, and utilities (4.400), leisure and hospitality (3,000), and educational and health services (2,900).  The losers were professional and business services (-6,500) and local government jobs (-5,500).

[*NOTE:  Initial numbers showed an increase of 100 jobs, though revised numbers showed an actual loss of 10,100 jobs.]

Source: http://jfs.ohio.gov/RELEASES/unemp/201602/index.stm

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