2014: Year in Review- February

Development
February was not a super busy month for residential development, as is often the case during the dead of winter, but still offered plenty to be excited about.
-Local business Café Brioso announced plans to expand to Franklinton, in another showing of the newfound popularity of the the downtrodden neighborhood. http://www.columbusunderground.com/cafe-brioso-expanding-to-east-franklinton-cw2014
-Strongwater Food and Spirits opened up in Franklinton as well.
http://www.dispatch.com/content/stories/business/2014/02/11/dining-spot-emerges-in-young-arts-complex.html
-Work continued on revitalizing the long-declined Metro West apartment complex on the West Side behind Westland Mall.
http://www.bizjournals.com/columbus/news/2014/02/11/demolition-of-408-metro-west-apartment.html
-A new 4-story, 16-unit apartment building was first proposed for 40-42 W. 3rd Avenue in Victorian Village. As part of the development, the 19th century home on the site would be renovated as well. The site is here: http://goo.gl/maps/y5M1I
-The first renderings for the 7-story, multi-building Hubbard Park Place project in Victorian Village were released here: http://www.columbusunderground.com/wood-companies-unveils-hubbard-park-place-renderings-bw1
-And we heard about the task force that would begin a study to determine the feasibility of a Downtown-Port Columbus passenger rail line. Yay! http://www.columbusunderground.com/new-task-force-will-explore-airport-downtown-rail-connection
-Also on the transportation end, Lyft announced it would begin car-sharing service in Columbus. http://www.columbusunderground.com/lyft-launching-in-columbus-bw1
-Dublin’s Bridge Street Corridor plan got another boost with the announcement of the 392-unit Tuller Flats residential development. http://www.columbusunderground.com/castos-bridge-street-district-proposal-calls-for-392-units-bw1

Economy/Other
-It was announced that 2013 had been a busy year in terms of housing construction.
http://www.dispatch.com/content/stories/business/2014/02/05/central-ohio-builders-were-busier-in-2013.html
-The Columbus Metro posted an unemployment rate for the month at 5.5%, down half a point from January and down 1.1 points from February 2013.

Weather
February continued the historic winter of 2013-2014. The 15.9″ of snow that fell during the month was the 6th snowiest on record, and the 7.1″ that fell on the 4th was the 7th highest daily February total since 1879. Even more, the 7.1″ daily was part of a 2-day single storm that produced the 3rd largest February snowstorm at 10.6″.
Temperatures for the month were also cold, coming in 6.9 degrees below normal. This was the 20th coldest February of all time.

May 2014 Jobs Data

May was generally a positive month for Columbus and Ohio. Unemployment rates did creep up a bit, but largely because more people came onto the market looking for jobs, which is considered a positive sign.

Also positive is that almost every industry saw decent growth in the metro.

Columbus City
Unemployment Rate: 4.4%
Unemployment Rate Change since May 2013: -1.7%
Unemployment Rate Change since January 2014: -1.4%
Civilian Labor Force: 435,500
Civilian Labor Force Change since May 2013: -2,000
Civilian Labor Force Change since January 2014: +1,800
Employment: 416,400
Employment Change since May 2013: +5,600
Employment Change since January 2014: +8,000
Unemployment: 19,100
Unemployment Change since May 2013: -7,500
Unemployment Change since January 2014: -6,300

Franklin County
Unemployment Rate: 4.4%
Unemployment Rate Change since May 2013: -1.7%
Unemployment Rate Change since January 2014: -1.5%
Civilian Labor Force: 636,400
Civilian Labor Force Change since May 2013: -2,600
Civilian Labor Force Change since January 2014: +2,800
Employment: 608,300
Employment Change since May 2013: +6,100
Employment Change since January 2014: +11,800
Unemployment: 28,100
Unemployment Change since May 2013: -10,700
Unemployment Change since January 2014: -9,000

Columbus Metro Area
Unemployment Rate: 4.4%
Unemployment Rate Change since May 2013: -1.6%
Unemployment Rate Change since January 2014: -1.6%
Civilian Labor Force: 982,412
Civilian Labor Force Change since May 2013: -4,512
Civilian Labor Force Change since January 2014: +2,216
Employment: 939,332
Employment Change since May 2013: +12,108
Employment Change since January 2014: +17,688
Unemployment: 43,080
Unemployment Change since May 2013: -16,620
Unemployment Change since January 2014: -15,472

Ohio Overall
Unemployment Rate: 5.5%
Unemployment Rate Change since May 2013: -1.9%
Unemployment Rate Change since January 2014 : -1.4%
Civilian Labor Force: 5,721,891
Civilian Labor Force Change since May 2013: -48,893
Civilian Labor Force Change since January 2014: -41,237
Employment: 5,406,014
Employment Change since May 2013: +60,405
Employment Change since January 2014: +38,259
Unemployment: 315,877
Unemployment Change since May 2013: -109,298
Unemployment Change since January 2014: -79,496

Metro Non-Farm Jobs
Total: 995,600
Change from May 2013: +11,100
Change from January 2014: +29,800

By Industry
Mining/Logging/Construction Total: 33,700
Change from May 2013: +1,900
Change from January 2014: +4,400

Manufacturing Total: 67,700
Change from May 2013: -100
Change from January 2014: +1,700

Trade/Transportation/Utilities Total: 187,900
Change from May, 2013: +3,900
Change from January 2014: +1,500

Information Total: 18,100
Change from May 2013: +100
Change from January 2014: +0

Financial Activities Total: 73,500
Change from May 2013: -2,000
Change from January 2014: -300

Professional and Business Services Total: 162,500
Change from May 2013: -700
Change from January 2014: +4,100

Education and Health Services Total: 142,500
Change from May 2013: +2,800
Change from January 2014: +5,300

Leisure and Hospitality Total: 103,00
Change from May 2013: +1,800
Change from January 2014: +9,100

Other Services Total: 38,900
Change from May 2013: +900
Change from January 2014: +600

Government Total: 167,800
Change from May 2013: +2,500
Change from January 2014: +3,400

April 2014 Jobs Data

I haven’t given jobs data for awhile, and thought it was time to updated. The most recent full numbers are from April. Overall, there was more good than bad with the report. Unemployment was well below the national average and falling rapidly. Employment was up and unemployment was down. The only real negative was that the labor force remained stagnant to down a bit.

May’s preliminary numbers look very good, and when those are fully released, I will do another report. Until then, here is April.

Columbus City
Unemployment Rate: 4.3%
Unemployment Rate Change since April 2013: -1.6%
Unemployment Rate Change since January 2014: -1.5%
Civilian Labor Force: 432,300
Civilian Labor Force Change since April 2013: -1,400
Civilian Labor Force Change since January 2014: -1,400
Employment: 414,000
Employment Change since April 2013: +5,800
Employment Change since January 2014: +5,600
Unemployment: 18,400
Unemployment Change since April 2013: -7,100
Unemployment Change since January 2014: -7,000

Franklin County
Unemployment Rate: 4.3%
Unemployment Rate Change since April 2013: -1.6%
Unemployment Rate Change since January 2014: -1.6%
Civilian Labor Force: 631,700
Civilian Labor Force Change since April 2013: -1,700
Civilian Labor Force Change since January 2014: -1,900
Employment: 604,700
Employment Change since April 2013: +8,400
Employment Change since January 2014: +8,200
Unemployment: 27,000
Unemployment Change since April 2013: -10,100
Unemployment Change since January 2014: -10,100

Columbus Metro Area
Unemployment Rate: 4.3%
Unemployment Rate Change since April 2013: -1.6%
Unemployment Rate Change since January 2014: -1.7%
Civilian Labor Force: 976,173
Civilian Labor Force Change since April 2013: -2,530
Civilian Labor Force Change since January 2014: -4,023
Employment: 934,261
Employment Change since April 2013: +13,053
Employment Change since January 2014: +12,617
Unemployment: 41,912
Unemployment Change since April 2013: -15,583
Unemployment Change since January 2014: -16,640

Ohio Overall
Unemployment Rate: 5.7
Unemployment Rate Change since April 2013: -1.6%
Unemployment Rate Change since January 2014 : -1.2%
Civilian Labor Force: 5,741,473
Civilian Labor Force Change since April 2013: -27,006
Civilian Labor Force Change since January 2014: -21,655
Employment: 5,413,615
Employment Change since April 2013: +67,409
Employment Change since January 2014: +45,860
Unemployment: 327,858
Unemployment Change since April 2013: -94,415
Unemployment Change since January 2014: -67,515

Metro Non-Farm Jobs
Total: 982,500
Change from April 2013: +8,600
Change from January 2014: +16,700

By Industry
Mining/Logging/Construction Total: 32,200
Change from April 2013: +2,100
Change from January 2014: +2,900

Manufacturing Total: 67,700
Change from April 2013: +0
Change from January 2014: +1,700

Trade/Transportation/Utilities Total: 185,400
Change from April 2013: +2,900
Change from January 2014: -1,000

Information Total: 18,100
Change from April 2013: +0
Change from January 2014: +0

Financial Activities Total: 73,800
Change from April 2013: -1,100
Change from January 2014: +0

Professional and Business Services Total: 160,400
Change from April 2013: -1,800
Change from January 2014: +2,000

Education and Health Services Total: 140,600
Change from April 2013: +900
Change from January 2014: +3,400

Leisure and Hospitality Total: 99,400
Change from April 2013: +1,800
Change from January 2014: +5,500

Other Services Total: 38,400
Change from April 2013: +600
Change from January 2014: +100

Government Total: 166,500
Change from April 2013: +2,200
Change from January 2014: +2,100

October and November 2013 Jobs Data

Unfortunately, I have neglected to update the jobs data in recent months. Part of it came from the government shutdown, which didn’t allow for the data to be updated for awhile, and I forgot to check back.

October 2013

Columbus City
Unemployment Rate: 6.2%
Unemployment Rate Change since October 2012: +0.6%
Unemployment Rate Change since January 2013: -0.6%
Civilian Labor Force: 430,800
Civilian Labor Force Change since October 2012: +1,300
Civilian Labor Force Change since January 2013: +4,400
Employment: 404,000
Employment Change since October 2012: -1,600
Employment Change since January 2013: +6,700
Unemployment: 26,800
Unemployment Change since October 2012: +2,900
Unemployment Change since January 2013: -2,300

Franklin County
Unemployment Rate: 6.2%
Unemployment Rate Change since October 2012: +0.6%
Unemployment Rate Change since January 2013: -0.6%
Civilian Labor Force: 630,000
Civilian Labor Force Change since October 2012: +1,700
Civilian Labor Force Change since January 2013: +6,300
Employment: 590,900
Employment Change since October 2012: -2,400
Employment Change since January 2013: +9,900
Unemployment: 39,200
Unemployment Change since October 2012: +4,200
Unemployment Change since January 2013: -3,400

Columbus Metro Area
Unemployment Rate: 6.1%
Unemployment Rate Change since October 2012: +0.6%
Unemployment Rate Change since January 2013: -0.9%
Civilian Labor Force: 975,506
Civilian Labor Force Change since October 2012: +2,253
Civilian Labor Force Change since January 2013: +7,601
Employment: 915,686
Employment Change since October 2012: -3,699
Employment Change since January 2013: +15,230
Unemployment: 59,820
Unemployment Change since October 2012: +5,952
Unemployment Change since January 2013: -7,629

Ohio Overall
Unemployment Rate: 7.5%
Unemployment Rate Change since October 2012: +0.6%
Unemployment Rate Change since January 2013 : +0.5%
Civilian Labor Force: 5,727,346
Civilian Labor Force Change since October 2012: -2,337
Civilian Labor Force Change since January 2013: -12,946
Employment: 5,300,458
Employment Change since October 2012: -33,230
Employment Change since January 2013: -40,394
Unemployment: 426,888
Unemployment Change since October 2012: +30,893
Unemployment Change since January 2013: +27,448

Metro Non-Farm Jobs
Total: 969,600
Change from October 2012: +9,600
Change from January 2013: +26,000

By Industry
Mining/Logging/Construction Total: 31,800
Change from October 2012: +1,200
Change from January 2013: +4,900

Manufacturing Total: 66,200
Change from October 2012: +700
Change from January 2013: +1,200

Trade/Transportation/Utilities Total: 184,500
Change from October 2012: +1,800
Change from January 2013: +1,300

Information Total: 16,100
Change from October 2012: -300
Change from January 2013: -400

Financial Activities Total: 72,400
Change from October 2012: +1,000
Change from January 2013: +700

Professional and Business Services Total: 161,800
Change from October 2012: +700
Change from January 2013: +6,200

Education and Health Services Total: 141,500
Change from October 2012: +3,500
Change from January 2013: +2,000

Leisure and Hospitality Total: 98,300
Change from October 2012: +3,400
Change from January 2013: +9,800

Other Services Total: 35,800
Change from October 2012: -1,500
Change from January 2013: -400

Government Total: 161,200
Change from October 2012: -900
Change from January 2013: +700

November 2013

Columbus City
Unemployment Rate: 6.1%
Unemployment Rate Change since November 2012: +0.7%
Unemployment Rate Change since January 2013: -0.7%
Civilian Labor Force: 433,700
Civilian Labor Force Change since November 2012: +4,500
Civilian Labor Force Change since January 2013: +7,300
Employment: 407,100
Employment Change since November 2012: +1,000
Employment Change since January 2013: +9,800
Unemployment: 26,600
Unemployment Change since November 2012: +3,500
Unemployment Change since January 2013: -2,500

Franklin County
Unemployment Rate: 6.1%
Unemployment Rate Change since November 2012: +0.7%
Unemployment Rate Change since January 2013: -0.7%
Civilian Labor Force: 634,400
Civilian Labor Force Change since November 2012: +6,800
Civilian Labor Force Change since January 2013: +10,700
Employment: 595,400
Employment Change since November 2012: +1,400
Employment Change since January 2013: +14,400
Unemployment: 39,000
Unemployment Change since November 2012: +5,400
Unemployment Change since January 2013: -3,600

Columbus Metro Area
Unemployment Rate: 6.1%
Unemployment Rate Change since November 2012: +0.8%
Unemployment Rate Change since January 2013: -0.9%
Civilian Labor Force: 981,927
Civilian Labor Force Change since November 2012: +9,454
Civilian Labor Force Change since January 2013: +14,022
Employment: 921,937
Employment Change since November 2012: +1,470
Employment Change since January 2013: +21,481
Unemployment: 59,990
Unemployment Change since November 2012: +7,984
Unemployment Change since January 2013: -7,459

Ohio Overall
Unemployment Rate: 7.4%
Unemployment Rate Change since November 2012: +0.6%
Unemployment Rate Change since January 2013 : +0.4%
Civilian Labor Force: 5,734,909
Civilian Labor Force Change since November 2012: +6,424
Civilian Labor Force Change since January 2013: -5,383
Employment: 5,307,912
Employment Change since November 2012: -30,979
Employment Change since January 2013: -32,940
Unemployment: 426,997
Unemployment Change since November 2012: +37,403
Unemployment Change since January 2013: +27,557

Metro Non-Farm Jobs
Total: 975,000
Change from November 2012: +9,000
Change from January 2013: +31,400

By Industry
Mining/Logging/Construction Total: 32,300
Change from November 2012: +1,900
Change from January 2013: +5,400

Manufacturing Total: 66,000
Change from November 2012: +300
Change from January 2013: +1,000

Trade/Transportation/Utilities Total: 189,200
Change from November 2012: -700
Change from January 2013: +6,000

Information Total: 16,200
Change from November 2012: -300
Change from January 2013: -300

Financial Activities Total: 72,100
Change from November 2012: -500
Change from January 2013: +400

Professional and Business Services Total: 161,800
Change from October 2012: +700
Change from January 2013: +6,200

Education and Health Services Total: 143,700
Change from November 2012: +4,700
Change from January 2013: +4,200

Leisure and Hospitality Total: 95,600
Change from November 2012: +2,700
Change from January 2013: +7,100

Other Services Total: 35,800
Change from November 2012: -800
Change from January 2013: -400

Government Total: 162,600
Change from November 2012: -900
Change from January 2013: +2,100

June Jobs Data

Columbus City
Unemployment Rate: 6.4%
Unemployment Rate Change since June 2012: -0.1
Unemployment Rate Change since January 2013: -0.4
Civilian Labor Force: 438,100
Civilian Labor Force Change since June 2012: +5,000
Civilian Labor Force Change since January 2013: +11,700
Employment: 409,900
Employment Change since June 2012: +5,100
Employment Change since January 2013: +12,600
Unemployment: 28,200
Unemployment Change since June 2012: -100
Unemployment Change since January 2013: -900

Franklin County
Unemployment Rate: 6.4%
Unemployment Rate Change since June 2012: -0.1
Unemployment Rate Change since January 2013: -0.4
Civilian Labor Force: 640,600
Civilian Labor Force Change since June 2012: +7,400
Civilian Labor Force Change since January 2013: +16,900
Employment: 599,600
Employment Change since June 2012: +7,500
Employment Change since January 2013: +18,600
Unemployment: 41,100
Unemployment Change since June 2012: +0
Unemployment Change since January 2013: -1,500

Columbus Metro Area
Unemployment Rate: 6.4%
Unemployment Rate Change since June 2012: +0
Unemployment Rate Change since January 2013: -0.6
Civilian Labor Force: 992,617
Civilian Labor Force Change since June 2012: +12,256
Civilian Labor Force Change since January 2013: +24,712
Employment: 929,158
Employment Change since June 2012: +11,636
Employment Change since January 2013: +28,702
Unemployment: 63,459
Unemployment Change since June 2012: +620
Unemployment Change since January 2013: -3,990

Ohio Overall
Unemployment Rate: 7.2%
Unemployment Rate Change since June 2012: -0.1
Unemployment Rate Change since January 2013 : +0.2
Civilian Labor Force: 5,756,192
Civilian Labor Force Change since June 2012: +9,844
Civilian Labor Force Change since January 2013: +15,900
Employment: 5,343,335
Employment Change since June 2012: +15,079
Employment Change since January 2013: +2,483
Unemployment: 412,857
Unemployment Change since June 2012: -5,235
Unemployment Change since January 2013: +13,417

Metro Non-Farm Jobs
Total: 972,400
Change from June 2012: +15,200
Change from January 2013: +28,800

By Industry
Mining/Logging/Construction Total: 31,900
Change from June 2012: +1,000
Change from January 2013: +5,000

Manufacturing Total: 67,800
Change from June 2012: +1,400
Change from January 2013: +2,800

Trade/Transportation/Utilities Total: 181,600
Change from June 2012: -700
Change from January 2013: -1,600

Information Total: 16,400
Change from June 2012: -400
Change from January 2013: -100

Financial Activities Total: 71,800
Change from June 2012: +0
Change from January 2013: +100

Professional and Business Services Total: 161,900
Change from June 2012: +3,400
Change from January 2013: +6,300

Education and Health Services Total: 142,800
Change from June 2012: +6,600
Change from January 2013: +3,300

Leisure and Hospitality Total: 102,100
Change from June 2012: +4,700
Change from January 2013: +13,600

Other Services Total: 36,600
Change from June 2012: -500
Change from January 2013: +400

Government Total: 159,500
Change from June 2012: -300
Change from January 2013: -1,000

Overall, June was a pretty good month for Columbus and the state. Unemployment rose, but mostly because the labor force had strong growth, which is a sign of more people entering a recovering job market. Most industries saw job growth both year-over-year and year-to-date.