New Castle and Kent counties saw their rates fall by 0.1 points to 4.7 and 5.2 percent, respectively.
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According to the Ohio Department of Job and Family Services, the latest numbers indicate a significant year-over-year drop from July 2015, when the region had a 4.7 percent unemployment rate.
That said, Israel’s unemployment rate by every measure has been trending down since the global economic crisis briefly pushed it higher in 2009.
The county had 48 first-time applicants for unemployment insurance, compared to 63 a year earlier, and 503 continued claims, down slightly from 523 a year earlier. Mercer County, south of Van Wert County, had the lowest rate in the state, 3.1 percent; Delaware County, north of Franklin County, was next with 3.4 percent. Twenty-seven states recorded unemployment rate increases; 11 states and the District of Columbia posted rate decreases; and 12 states had no change. Richland County’s jobless rate was 5.3%, the department reported. Taking into account people who are unemployed and have been searching for work for at least three months, Israel’s 7.9% rate puts it in the lowest third of countries belonging to the Organization for Economic Cooperation and Development. However, more than 24,000 Ohioans stopped looking for work in July.
Payroll jobs data by industry come from a monthly survey of 18,000 business establishments statewide, while the unemployment rate relies in part on the results of the current population survey, which contacts roughly 3,100 households statewide each month. This is the biggest drop in the state’s labor force participation since 1990, according to a press release from The Buckeye Institute, an independent research and educational institution. “We’re not growing enough jobs for everyone that wants to work”. “Payroll jobs grew. Our labor force grew and we saw our unemployment rate decline for the first time since August of past year”.
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Youngstown has the highest jobless rate, coming in at 7.5%, followed by Warren at 7.3%. The most job gains in July occurred in the health care and social assistance sector (plus-6,400), and local government (plus-3,100).
