As per the statistics that were released on Friday, the rate of unemployment in Ohio is stable at 5.1 percent between the months of February and March 2015. There has been no change in the statistics that were released by the Ohio Department of Job and Family Services during that period.
During that period, there was an increase in the number of jobs by 1,500. There was an increase in the number of jobs from 5,385,000 in the month of February to 5,386,500 in the month of March. During the last 12 months, there has been a decline in the number of unemployed people by 50,000. Also, there has been a decline in the rate by 6.0 percent a year ago.
In health and educational services, there was an increase in jobs by 3,500 and in financial activities, there was an increase by 3,000. The information sector saw an increase by 900 while the transportation and utilities sector saw an increase by 500. There were losses in the sectors of hospitality, leisure, business services, professional services and construction.
On Tuesday, there might be a release of county unemployment rates. In the month of February, there was a decline in the rates across the area. Jobless rate of 4.6 percent was reported in Van Wert County. The jobless rate of Allen County was 5.4 percent and that of Putnam County was 4.6 percent. The data were produced in cooperation with the US Department of Labor. The sources include Local Area Unemployment Statistics Program, Current Employment Statistics Program and Current Population Survey.