Ohio unemployment rate sees a slight dip in April
The unemployment rate of Ohio in the month of April was 10.9 percent. It was 11 percent in March so the slight dip in the unemployment rate has been encouraging.
There were job gains of 37,300 which included temporary jobs with U.S. Census Bureau. Of course, there have been people who have lost their jobs simultaneously. Even now, many of them have not been able to find permanent jobs. Refer to Ohio unemployment guide for more details.
It has been a matter of concern that the unemployment rate of Ohio has been higher than that of the nation, which is 9.9 percent. But the experts believe that the job gains mean that the economy has started to recover. So they state that the jobless rate might come down in the following months. As per statistics, the state has gained 53,000 jobs since January 2010. But at the same time it has lost 7 percent of the employment since the recession has begun. For the economy to recover majorly, an additional growth of 381,200 is required.
According to the news reports, U.S. Sherrod Brown, D-Ohio, pointed out in a statement that President Obama saw “some promising signs of economic recovery in our state” during a visit to V&M Star in Youngstown, where the president’s signature economic stimulus package is helping to spur a $650 million expansion.
The government believes that the unemployment issue can be tackled better if they unleash the potential of the small businesses and manufacturers.
For understanding the unemployment claims available in Ohio, you can refer to the unemployment benefits guide.