Tuesday, September 21, 2010

Central Ohio's unemployment rate tumbles to 8.3%

A boost in nonfarm payroll and a more than 7,000-worker drop in the ranks of the unemployment helped Central Ohio’s jobless rate for August slide to its lowest point in more than a year, according to statistics released Tuesday by the state Department of Job and Family Services.

The department said the seven-county region’s unemployment rate was 8.3 percent, down from 9 percent in July and below 8.6 percent in August 2009. Jobless rates by county ranged from a low of 6.9 percent in Delaware County to a high of 10.1 percent in Pickaway County.

Franklin County’s unemployment rate mirrored the region’s, also falling from 9 percent in July.

Central Ohio’s jobless rate accounts for an 878,300-worker nonfarm payroll, up 2,100 jobs from July. The ranks of those out of work and actively seeking a job shrank by 7,300 workers to 79,200 last month. The last time unemployment in the region fell below 8.3 percent was in May 2009, when unemployment hit 8 percent near the beginning of an upward climb.

Ohio’s unemployment rate, adjusted for seasonal differences, fell slightly to 10.1 percent from 10.3 percent in July, though nonfarm payroll and unemployment registered monthly declines. The department said unemployment rates fell in 80 of the state’s 88 counties last month.


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