Friday, July 17, 2009

Ohio jobless rate hits 11.1 percent

That hopey-changey thing continues to pay dividends...

COLUMBUS — Ohio’s unemployment rate jumped to 11.1 percent in June, up from 10.8 percent in May and the first time in nearly 26 years that the rate has topped 11 percent.

The Ohio Department of Job and Family Services released the rate on Friday, July 17.

“Ohio’s labor market continued to weaken in June,” Douglas Lumpkin, ODJFS director, said in a press release. “Significant job losses in both the goods-producing and service-providing industries led to an increase in the unemployment rate to 11 .1 percent.

The state’s nonfarm wage and salary employment decreased 33,000 over the month, from 5,133,200 in May to 5,100,200 in June.

No comments: