Saturday, July 17, 2010

 

Ohio Unemployment Drops As More Give Up Looking For Work

I wonder if the Obama administration will tout this as good news.
The state says Ohio’s unemployment declined to 10.5 percent in June, from 10.7 percent in May, as fewer people looked for work.

State Department of Job and Family Services spokesman Ben Johnson says it’s possible that some out-of-work Ohioans chose to take a summer break from job searching to spend time with family.
You could shout about the dropping unemployment, but there's more.
The state’s jobless rate is a full percentage point higher than the national rate of 9.5 percent.

Along with unemployment, hiring in Ohio went down slightly in June. Officials say temporary census workers lost work, and that offset moderate job gains in the private sector.

The number of workers unemployed in Ohio in June was 625,000, down from 641,000 in May. The state’s overall employment outside of farms went down by 1,500 last month.
Nothing to shout about here. We still have a long way to go.

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