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Valley’s unemployment rate drops nearly 2 percent

Published: Tue, March 27, 2012 @ 10:54 a.m.

Valley’s unemployment rate drops nearly 2 percent


The Mahoning Valley’s unemployment rate tumbled nearly 2 percent in February compared to same month last year, according to newly released data from the Ohio Department of Job and Family Services.

In the tri-county area, the unemployment rate in February was 9.3 percent, down from 11.1 percent in February 2011.

The Valley’s civilian labor force — defined as those 16 and older who are working or looking for work, excluding the military, students, volunteer workers and those in institutions, retired or unable to work dropped from 265,000 last February to 261,000 last month.

The number of employed Valley residents rose by 1,200, from 235,700 to 236,900.

The number of unemployed dropped by 5,000, from 29,400 to 24,400.

The unemployment rate is still higher than the Ohio rate of 7.6 percent and the national rate of 8.3 percent.

Read the complete story in Wednesday’s Vindicator and at Vindy.com.


1VINDYAK(1824 comments)posted 4 years, 4 months ago

I wonder what the population statistics are during this same period of time. Has the general population increased or decreased, and how has this population difference affected the overall employment numbers?

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2Ytownnative(1121 comments)posted 4 years, 4 months ago

it could very well mean 2% of the valley work force moved from the area

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3Billy_Bob(60 comments)posted 4 years, 4 months ago

This is a very macro statistic. I would like to see the breakdown from month to month over a 4 year period, taking into account the fluctuations of population across the valley. Don't tell me unemployment decreased 2% when it in fact has increased over the past few years - this is very misleading.

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4rickking123(332 comments)posted 4 years, 4 months ago

The recession started in 2007-2008. People have lost their jobs through 2010-2011. Unemployment benefits expire and then magically you're not counted as unemployed anymore.

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