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Central Ohio Unemployment Rate - News & Updates

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This topic contains 99 replies, has 23 voices, and was last updated by News News 3 months, 1 week ago.

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  • #352394
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    Ohio Unemployment Rate Drops To 7.6 Percent
    By: Associated Press | NBC 4i
    Published: March 23, 2012

    Ohio’s unemployment rate went down for the fourth month in a row in February, with the most significant job gains in the trade, transportation and utility industries. The Ohio Department of Job and Family Services says Friday that seasonally adjusted joblessness fell to 7.6 percent last month, from 7.7 percent in January. The number of unemployed people decreased by 4,000. The U.S.unemployment rate for February was 8.3 percent, unchanged from January.

    READ MORE: http://www2.nbc4i.com/news/2012/mar/23/ohio-unemployment-rate-drops-76-percent-ar-975652/

    #352395
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    Jobless Rate Continues Downward Slide
    April 20, 2012
    by Steve Brown
    89.7 NPR News Morning Anchor

    Ohio’s unemployment rate continues a slow-but-steady downward track. The state’s unemployment rate ticked down last month from 7.6 percent to 7.5 percent, even though the state lost some 9,500 jobs. Ben Johnson with the state Department of Job and Family Services says trade, transportation, utilities and manufacturing saw the most job gains.

    READ MORE: http://beta.wosu.org/news/2012/04/20/jobless-rate-continues-downward-slide/

    #352396
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    Unemployment rates fall in all 88 Ohio counties
    BLADE STAFF

    COLUMBUS — Unemployment rates fell in all 88 Ohio counties in March, according to the Ohio Department of Job and Family Services.

    READ MORE: http://www.toledoblade.com/State/2012/04/24/Unemployment-rates-fall-in-all-88-Ohio-counties.html

    #352397
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    Ohio leads the nation in job losses in March even though unemployment rate fell
    Published: Friday, April 20, 2012, 7:00 PM
    By Olivera Perkins, The Plain Dealer

    Cleveland, Ohio — Ohio led the nation in job losses in March, even as the state’s unemployment rate inched downward. Fewer jobs, but more people working? Blame the contradiction on how data used in calculating the jobless rate are collected.

    READ MORE: http://www.cleveland.com/business/index.ssf/2012/04/ohio_lead_the_nation_in_job_lo.html

    #352398
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    Columbus Ranks #22 on List of Best Large Cities for Jobs in 2012
    By: Walker

    NewGeography.com has compiled their annual listing of best American cities for jobs, and Columbus ranks in 22nd place on the list of large cities, down 3 spots from last year’s ranking. The scoring system used in the study has a methodology that weighs employment growth trends both long term and short term from data collected from the US Bureau of Labor Statistics.

    READ MORE: http://www.columbusunderground.com/columbus-ranks-22-on-list-of-best-large-cities-for-jobs-in-2012

    #352399
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    Columbus Gains Jobs, Unemployment Climbs
    May 15, 2012
    by Tom Borgerding
    89.7 NPR News Managing Editor

    A new report on Central Ohio’s economy shows the region gained more than 9,000 jobs in early 2012. The group, Columbus 2020, says despite the additional jobs the region’s unemployment rate increased from 6.8% to 7% percent as more discouraged workers give up their job search.

    READ MORE: http://beta.wosu.org/news/2012/05/15/columbus-gains-jobs-unemployment-climbs/

    #352400

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    News said:
    Columbus Gains Jobs, Unemployment Climbs
    May 15, 2012
    by Tom Borgerding
    89.7 NPR News Managing Editor

    A new report on Central Ohio’s economy shows the region gained more than 9,000 jobs in early 2012. The group, Columbus 2020, says despite the additional jobs the region’s unemployment rate increased from 6.8% to 7% percent as more discouraged workers give up their job search.

    READ MORE: http://beta.wosu.org/news/2012/05/15/columbus-gains-jobs-unemployment-climbs/

    This article appears to be innacurate. First, they seem to be using February’s workforce number of 917K, and state that the unemployment rate went up from 6.8% to 7.0% through March, but that’s not true either. Instead it dropped from 7.3% to 6.8% January to March. Even if they had March at 7% unemployment, it would still represent a drop from the beginning of the year.

    #352401
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    Ohio’s unemployment rate at lowest since October 2008
    By Mark Williams
    The Columbus Dispatch
    Friday May 18, 2012 8:48 AM

    Ohio’s unemployment rate is back to its lowest level since October 2008. The state reported this morning that the unemployment rate for Ohio dropped to 7.4 percent in April, down from 7.5 percent in March and the number of unemployed workers fell by 7,000 during the month to 431,000.

    READ MORE: http://www.dispatch.com/content/stories/business/2012/05/18/ohios-unemployment-rate-drops-again.html

    #352402
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    Unemployment Down As Ohio Adds Nearly 20,000 Jobs In May
    June 15, 2012
    by Steve Brown
    89.7 NPR News Morning Anchor

    There’s more positive news on the Ohio jobs front. The latest unemployment report from the Department of Job and Family Services lists a May jobless rate of 7.3 percent. That’s down from 7.4 percent in April and marks the tenth-straight decline in Ohio unemployment.

    READ MORE: http://beta.wosu.org/news/2012/06/15/unemployment-down-as-ohio-adds-nearly-2000-jobs-in-may/

    #352403

    cheap
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    that statistic is meaningless.

    i wish they could show how many unemployed had their unemployment benefits run out

    #352404

    pedex
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    cheap said:
    that statistic is meaningless.

    i wish they could show how many unemployed had their unemployment benefits run out

    labor force participation rate

    if Ohio does it like the BLS the unemployment stat can drop while unemployment actually increases which is what has happened

    #352405

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    cheap said:
    that statistic is meaningless.

    i wish they could show how many unemployed had their unemployment benefits run out

    Except that it should show up in the numbers if that were true. Ohio’s civilian labor force is growing, an indication that people are coming back onto the roles looking for work. It’s risen ever month since January. Also, employment numbers from April to May rose by 5,900, while the unemployment number fell 5,600. So that means that about the same number of people became employed that came off the unemployed number. None of this is indicative of a low unemployment rate because of people not being counted. There are obviously people who are not, and the total labor force still has a long way to go to reach what it was pre-recession, but it’s definitely heading in the right direction.

    #352406
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    Jobless decline continues
    By Mark Williams
    The Columbus Dispatch
    Wednesday June 20, 2012 5:29 AM

    Central Ohio continues to make progress in regaining jobs lost during the recession. Employers in the region added 1,700 jobs in May, bringing the total for the year so far to about 15,000, said economist Bill LaFayette, owner of Columbus economic consulting firm Regionomics.

    READ MORE: http://www.dispatch.com/content/stories/business/2012/06/20/jobless-decline-continues.html

    #352407
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    Ohio unemployment drops to 7.2% as state adds jobs, more jobless give up looking
    Business First by Rick Rouan, Web coordinator
    Date: Friday, July 20, 2012

    Ohio’s unemployment rate dipped in June to its lowest level since September 2008 as both the number of unemployed Ohioans and the pool of people working or looking for jobs got smaller, the state said Friday.

    READ MORE: http://www.bizjournals.com/columbus/news/2012/07/20/ohio-unemployment-drops-to-72-as.html

    #352408

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    the number of unemployed Ohioans 7 the pool of people working or looking for jobs got smaller, the state said Friday.

    this is an outright lie.

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