May 23, 2006

Ohio’s Economy: Good News, Bad News, Silver Lining

Filed under: Economy — TBlumer @ 3:56 pm

Good News: “Large-Scale Layoffs” are down by one-third from a year ago, vs. down 15% from a year ago nationwide.

Bad News: The state’s unemployment rate went from 5.0% in March to 5.5% in April.

Silver Lining: The fact that the unemployment rate went up on April while 18,500 new jobs were created in the state can only mean that many more people are looking for work.

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