Weekly Jobless Claims Drop Sharply
YOUNGSTOWN, Ohio – New jobless claims filed by Ohioans during the week ended August 13 fell by more than 1,500 claims compared to the previous week. At the same time, continued unemployment claims dropped, according to data released this morning from the Ohio Department of Job and Family Services.
Ohioans filed 6,227 new traditional unemployment claims last week, a decrease of 1,664 claims filed the previous week.
Continued jobless claims stood at 32,900 for the week, a decrease of 697 claims, ODJFS said.
Ohio’s unemployment rate in June was 3.9% compared to the national unemployment rate of 3.6%.
Ohio’s labor force participation rate in May was 62%, while the national labor force participation rate for the month stood at 62.2%.
Published by The Business Journal, Youngstown, Ohio.