It was announced late last week that Ohio’s unemployment rate held steady at 4.2% in October. That’s compared to the national rate of 3.6%.
Ohio’s goods-producing industries lost 3,200 jobs, as losses in manufacturing (-2,300) and construction (-1,000) exceeded gains in mining and logging (+100). The Office of Budget and Management points out that the UAW’s strike against GM depressed industrial production during both September and October.
From October 2018 through October 2019, Ohio’s non-agricultural wage and salary employment grew 19,600, while manufacturing lost 2,000 jobs overall. 11/18/2019