Tag Archives: 2012 economy

2012 Annual Jobs Data

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2012 annual jobs data

Columbus City
Civilian Labor Force January 2012: 422,500
Civilian Labor Force December 2012: 426,600
Yearly Change: +4,100
Employment January 2012: 392,700
Employment December 2012: 403,800
Yearly Change: +11,100
Unemployment January 2012: 29,800
Unemployment December 2012: 22,700
Yearly Change: -7,100
Unemployment Rate January 2012: 7.1%
Unemployment Rate December 2012: 5.3%
Yearly Change: -1.8%

Franklin County
Civilian Labor Force January 2012: 617,700
Civilian Labor Force December 2012: 623,900
Yearly Change: +6,200
Employment January 2012: 574,400
Employment December 2012: 590,600
Yearly Change: +16,200
Unemployment January 2012: 43,300
Unemployment December 2012: 33,300
Yearly Change: -10,000
Unemployment Rate January 2012: 7.0%
Unemployment Rate December 2012: 5.3%
Yearly Change: -1.7%

City and County numbers are rounded.

Columbus Metro Area
Civilian Labor Force January 2012: 949,737
Civilian Labor Force December 2012: 958,689
Yearly Change: +8,952
Employment January 2012: 880,680
Employment December 2012: 906,886
Yearly Change: +26,206
Unemployment January 2012: 69,057
Unemployment December 2012: 51,803
Yearly Change: -17,254
Unemployment Rate January 2012: 7.3%
Unemployment Rate December 2012: 5.4%
Yearly Change: -1.9%

Metro Area Continued
Non-Farm Jobs January 2012: 927,300
Non-Farm Jobs December 2012: 962,300
Yearly Change: +35,000

Metro Yearly Jobs Changes by Industry
Mining/Logging/Construction: +2,400
Manufacturing: +1,300
Trade/Transportation/Utilities: +10,700
Information: -100
Financial Activities: +1,800
Professional and Business Services: +4,400
Education and Health Services: +5,700
Leisure and Hospitality: +6,100
Other Services: +700
Government: +2,000

Ohio Overall
Civilian Labor Force January 2012: 5,780,410
Civilian Labor Force December 2012: 5,728,748
Yearly Change: -51,662
Employment January 2012: 5,339,657
Employment December 2012: 5,344,151
Yearly Change: +4,494
Employment January 2012: 440,753
Employment December 2012: 384,597
Yearly Change: -56,156
Unemployment Rate January 2012: 7.6%
Unemployment Rate December 2012: 6.7%
Yearly Change: -0.9%

Local employment data back to 1990 is at Columbus MSA Economy



Some Great Economic News

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First, http://www.bizjournals.com/columbus/morning_call/2013/01/columbus-hangs-on-to-no-4-spot-in.html
In this ranking, Columbus was 4th behind OKC, Austin and Houston on the overal “Economic Vitality Index”, a measure that uses 18 catergories to determine the strength of an economy.

Second is this: http://www.bizjournals.com/columbus/news/2013/01/15/columbus-only-midwest-city-to-regain.html
This link shows that the Columbus metro is one of only 14 major metros nationally (out of 102) that had gained more jobs through November 2012 than it lost during the Great Recession, meaning it has exceeded a 100% recovery from the downturn. It was also the only Midwestern metro to have achieved this feat.

Stories and rankings like this prove that Columbus has little or nothing in common with its nearby Rust Belt neighbors. It has long had a steady, growing economy that has been able to recover quickly from economic downturns. Say what you will about weather or other factors, but the #1 reason for people to move somewhere has to do with economics. So long as there are jobs available and a decent cost of living, people should continue to flock to that place. In that regard, Columbus definitely seems to have a bright future.