Ohio unemployment rate down for 10th month in a row
COLUMBUS (AP) — Ohio’s unemployment rate dropped in May for the tenth consecutive month, reaching its lowest point since October 2008 as the national rate increased slightly, officials said today.
The state Department of Job and Family Services said seasonally adjusted joblessness in Ohio decreased from 7.4 percent in April to 7.3 percent in May, and the state’s nonfarm payrolls swelled by 19,600 compared with April’s figures.
The national jobs report was bleaker as the U.S. unemployment rate increased from 8.1 percent in April to 8.2 percent in May. Only 69,000 jobs were added, the fewest in a year.
Gov. John Kasich said it’s encouraging to see Ohioans returning to work but warned the state isn’t in the clear, despite getting good news in the face of national data heightening fears that the economy is sputtering.