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Jobless Rate Climbs in July

 
Jobless Rate Climbs in July
Posted Friday, August 15th 2014 @ 11am

Ohio's unemployment rate was 5.7 percent in July, up from June's 5.5 percent. It's the first increase in the jobless rate in a year and reflects an increase of 7,000 unemployed workers during the period.

"The recovery certainly isn't complete and we thought it was likely there would be months like this where the rate would tick back up," said Ben Johnson, a spokesman for the Ohio Department of Job and Family Services.

Ohio's unemployment rate was 7.5 percent in July of 2013. The nation's unemployment rate last month was 6.2 percent.

The state report showed that the number of unemployed rose by 7,000 last month to 323,000.

Johnson attributed that to a combination of factors. "Retiring baby boomers, teenagers and young adults who choose to remain in school rather than entering the workforce. And there are also economic factors--people who are still discouraged and not confident they would be able to find a job if they started looking for one," Johnson says.

According to Johnson, losses in manufacturing outweigh gains in the construction sector.

Job losses were also experienced in the professional and business services, the educational and health services and the leisure and hospitality sectors.

Hiring was taking place in July in the trade, transportation and utilities, and government sectors. 

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