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Fulton County Unemployment Down




 

 

The Ohio Department of Jobs and Family Services announced last week unemployment in Fulton County was 7% for the month of May.

It was the lowest unemployment rate in the fourcounty area, and the lowest rate in Fulton County in four years.

The last time the Fulton County rate was 7% or lower was in May 2008, when it was 6.6%.

Unemployment dipped to 7.6% in November 2011, but jumped back up to 8.6% in December 2011 and then 10% in January and February 2012.

Labor Force

While unemployment has gone down, the size of the county labor force has also decreased.

In May 2012, ODJFS estimated there were 21,700 workers in the county, with 20,200 working and 1,500 out of work.

The Fulton County labor force reached its peak in July 2006, when there were 23,900 workers employed and unemployed, revised data from ODJFS said.

When compared to the most recent data, the May 2012 labor force was down by 2,200 workers, or off about 9.21%.

Five years ago, in May 2007, revised ODJFS figures show the Fulton County labor force stood at 23,000.

High, Low

Among Ohio’s 88 counties, the highest May unemployment was Pike County, in south-central Ohio, at 12.6%.

Mercer County, in central Ohio on the Indiana border, had the lowest, at 4.2%.

Fulton County was in a three-way tie for the 48thhighest unemployment rate with Butler and Wyandot counties.

State, Nation

All county unemployment rates are not seasonally adjusted. The comparable unemployment rate for Ohio was 6.9%. The rate for the nation was 7.9%.

ODJFS estimated in May there were almost 5.8 million people in the Ohio labor force. About 5.4 million were employed and 399,888 were out of work.


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