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Unemployment Rate Jumps For December




 

 

Unemployment rates for December 2018 jumped dramatically from the preceding month, the Ohio Department of Job & Family Services reported last week.

The Fulton County rate rose a full percentage point, from 3.9% in November to 4.9% in December.

Henry County jumped 1.8 percentage points, to 5.8%.

Defiance and Williams counties rates increased sixtenths (.6) of a percentage point, to 4.7% and 3.8%, respectively.

Unemployment jumped in every one of the 88 counties in Ohio.

An increase between November and December is not unusual for Fulton County. Between 2009 and 2017, the jump was anywhere from one tenth of a point (.1) to 1.1. In five of the nine years, the jump was either six-tenths (.6) or seven-tenths (.7) of a point.

Most Months

The Archbold Buckeye has recorded unemployment data for 10 years and one month (December 2008 to December 2018).

During that time, unemployment in Fulton County ranged from a high of 16% in January 2010, to a low of 3.5% in September 2018.

Out of 121 months, unemployment has been 4%-4.9% 29 months; 15%-15.9% 15 months, 6%-6.9% 11 months, and 5%-5.9% 11 months.

Unemployment in Fulton County was 3%-3.9% for nine months. There were also nine months spent in the 8% and 9% ranges.

ODJFS estimated that during December 2018, there were 22,300 workers in Fulton County; 21,200 were working, 1,100 were out of work and seeking employment.

High Low

Mercer County, in central Ohio on the Indiana border, had the lowest rate in the state, at 3.1%. It is the first time its rate has been over 3% since July.

Monroe County had the highest rate, at 9.2%. It’s the second-highest rate for Monroe County for the year. Unemployment in January 2018 was 10.4%.

Fulton County was in a four-way tie for the 43rdhighest rate in the state. Other counties with 4.9% unemployment were Summit, Marion, and Ross.

State, Nation

All county data is not seasonally adjusted. Comparable figures for the state and the nation were 4.8% and 3.7%, respectively. When seasonal adjustments are applied, Ohio was 4.6%; the U.S. was 3.9%.

Ohio had more than 5.7 million workers in the labor force. About 5.5 million were employed.

There were 272,900 unemployed in Ohio in December.


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