Ohio's jobless rate highest since 1992

Dayton Daily News

COLUMBUS — Ohio's unemployment rate increased to 7.4 percent in August, the highest state jobless rate since October of 1992, according to data released on Friday, Sept. 19, by the Ohio Department of Job and Family Services.

The August unemployment rate was up slightly from 7.2 percent in July and more than a point higher than the 5.7 percent rate in August of 2007.

The U.S. jobless rate for August was 6.1 percent, up from 5.7 percent in July.

"Ohio's labor market continued to mirror the national trend by showing signs of decline in August," Helen Jones-Kelley, ODJFS directors, said in a press release. "Larger decreases in the goods-producing sectors resulted from continued losses in manufacturing and durable goods."

Overall, Ohio's nonfarm wage and salary employed dropped by 3,700 over the month, from 5,410,500 in July to 5,406,800 in August.

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