Ohio Unemployment Rate for March 2016 Released
/Ohio's March 2016 unemployment rate increased to 5.1% from 5.0% in February, continuing a steady climb since the fourteen year low of 4.4% in October 2015.
The Ohio Department of Jobs and Family Services released the unemployment rate for March 2016, reporting that it increased to 5.1%, up from a revised 5.0% in February 2016, continuing a steady climb since the fourteen year low of 4.4% in October 2015. It is reported that 18,300 jobs were added in Ohio in March, although the number of unemployed also increased to 294,000, up 9,000 from 285,000 in February. The national unemployment rate also increased to 5.0%, up from 4.9% in February and January.
The winners in terms of job increases were professional and business services (+7,000), educational and health services (+5,400), and local government (+5,600). The losers were manufacturing (-4,300), and construction (-1,000), and leisure/hospitality (-2,200).
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