News and Analysis
For the week ending April 25, the Ohio Department of Job and Family Services (ODJFS) reported 92,920 initial jobless claims to the U.S. Dept. of Labor. The number of initial jobless claims filed in Ohio over the last six weeks has now surpassed 1 million (1,057,486). And over the last six weeks, ODJFS has distributed nearly $1.5 billion in unemployment payments.
Meanwhile, the nation’s six-week jobless total has now topped 30 million, which is roughly 18.4% of the working-age population. The U.S. Chamber has produced this interactive map to show how quickly unemployment claims have risen in every state. 4/30/2020
The Ohio STEM Learning Network has opened nominations for its Excellence in STEM Awards. If you know an outstanding STEM teacher, an amazing leader within a district, or an individual that advocates for STEM — especially as applied to manufacturing workforce — you can nominate that individual here. 4/29/2020
On Wednesday, April 29, from 10-11 a.m. (ET), the OMA will host a webinar titled “Best Practices in Workforce Development Models: What Can We Learn From the FAME Model?” Register here.
This webinar will explore how Raise the Bar Hancock County — an OMA-endorsed regional sector partnership — has adapted features of the Federation for Advanced Manufacturing Education (FAME) model, a nationally recognized earn-and-learn training program.
This is a good opportunity to prepare for the post-COVID-19 economic recovery, which will again challenge manufacturers to close the skills gap. 4/23/2020
More than 109,000 Ohioans filed initial claims for unemployment compensation last week. The number of initial claims filed over the past five weeks now sits at 964,566.
Over the five-week period, the Ohio Department of Job and Family Services has sent more than $926 million in unemployment benefits to more than 376,000 Ohioans.
Nationwide, new jobless claims last week totaled 4.427 million. Over the past five weeks, 26.45 million Americans have filed for unemployment. 4/23/2020
According to the Ohio Department of Job and Family Services, Ohio’s non-agriculture wage and salary employment decreased by 39,700 in March, and the state’s unemployment rate rose to 5.5% in March from 4.1% in February. 4/17/2020
JobsOhio recently announced that it made a $1.5 million investment to seed manufacturing talent production in Northwest Ohio. The statewide economic-development corporation engaged with 30 manufacturing businesses in the region to map critical skills, identify employer needs, and assess the education landscape and capacity to fill those job requirements. 4/15/2020
An updated “advanced manufacturing model” is now available on the U.S. Department of Labor’s CareerOneStop Competency Model Clearinghouse — which helps develop technical competencies that are necessary in economically vital industries and sectors of the American economy. The clearinghouse can be used to develop apprenticeship, career pathway, and other workforce training programs. 4/13/2020
More than 21 million Americans have lost their job during the last four weeks. Goldman Sachs predicts the jobless rate could rise to 15% in the months ahead. Such a level of unemployment would be much worse than the worst of the 2008-09 Great Recession, according to this comparison — but still a far cry from the depths of the Great Depression, when the unemployment rate hit 24.9% in 1933. 4/16/2020
Ohio recorded 226,007 initial claims for unemployment compensation last week, according to the Ohio Department of Job and Family Services (ODJFS). That is a drop from the prior week’s record of 272,117 initial claims. Over the last three weeks, 696,519 workers have filed new claims.
According to ODJFS, more than $124 million in unemployment compensation payments have been distributed to more than 195,000 claimants over the last three weeks. 4/9/2020
At last check, there were more than 33,000 job openings at Ohio’s essential businesses — including manufacturers — posted on the state’s website that matches businesses with Ohioans looking for work. Lt. Gov. Husted this week implored Ohioans who are seeking work to use the site. 4/8/2020