Unemployment rate takes a steep drop in Ohio
Updated : November 2nd, 2022
Fewer Ohioans spent time in the unemployment line in November as the jobless rate turned sharply down in November. According to data released by the Ohio Department of Job and Family Services (ODJFS), the unemployment rate was 8.5 percent, down a half percent from October’s 9 percent figure for the first time since December 2008.
For understanding the unemployment benefits available in Ohio, refer to Ohio unemployment claims guide
In November, the number of jobless people in Ohio was 496,000, down from 526,000 in October. The number of unemployed has decreased by 69,000 in the past 12 months from 565,000. As per the Ohio Department of Job and Family Services, Ohio’s wage and salary employment increased 6000, over the month from 5,107,500 in October to 5,1113,500 in November. Job and Family Services Spokesman, Ben Johnson says that Ohio’s jobless rate has gone down a notch and the number of unemployed has dropped by 30,000 which could highlight the number of people who have stopped searching for job and did not apply for extension of unemployment benefits. Payrolls outside of farms also declined, by 600.
The 6.7% unemployment rate of Franklin County was higher than the region’s but is still improved on its 7.6% rate in October as nearly 2500 more people went to work. Earlier this year, the rate was 7.9 percent and the labor force has shrunk by 3900 people as compared with a month earlier.
The region’s lowest unemployment rate belongs to Delaware County where 5000 jobless people represent 5.5 percent of the civilian labor force. However, the Pickaway Country has 2100 people unemployed, giving it an 8.5 percent unemployment rate, an improvement on 9 percent in October but still the highest in the region.
The state added jobs in hospitality, manufacturing, leisure and educational and health services. Number of service providing industries has risen up to 5600 from October. Most significant jobs gains were seen in Ohio’s trade, utilities, financial activities and transportation industries. The only service sector losses were in government and professional and business services.Related Tags : OH, ohio unemployment, unemployment rate
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