Just as fast as the Fulton County unemployment rate shot up from 7.1% in June to 7.8% in July, it dropped to 6.7% in August.
For the last few years, unemployment has spiked in July. Officials of the Ohio Department of Job and Family Services, Labor Market Information division, partially attribute the spike to annual model changeover shutdowns in the auto industry.
The ODJFS estimate of 6.7% unemployment in Fulton County for August is the lowest level of unemployment for the year, and the lowest since May 2008, when ODJFS put unemployment at 6.6%.
Between January 2005, and Sept. 1 of this year, 92 months (seven years, eight months) have passed. During that time, unemployment has been 6.6% or less for 30 months, for 2 1/2 years.
The 6.7% rate is not the lowest rate in the four county. Henry County was 6.5%.
ODJFS estimated there were 1,500 workers unemployed and seeking employment in August. Another 20,200 were employed, for a total labor force of 21,700.
In Ohio’s 88 counties, unemployment in August ranged from a high of 12.1% in Pike County to a low of 4.1% in Mercer County.
Pike County is in southcentral Ohio, near the south border. Mercer County is in central Ohio, on the Indiana border.
ODJFS said that during August, Fulton County was in a three-way tie with Greene and Wyandot counties for 53rd-highest unem- ployment rate in the state.
While five counties had unemployment of 10% or higher, three counties had under 5%, and eight were less than 6%.
All county unemployment data is not seasonally adjusted.
The August unadjusted unemployment rates for the state and the nation were 6.8% and 8.2%, respectively.
After seasonal adjustments are applied, the ODJFS estimated that Ohio’s August unemployment was 7.2% and the national rate was 8.1%.