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Valley showing signs of economic recovery



Published: Tue, November 20, 2012 @ 9:42 a.m.

Valley showing signs of economic recovery

YOUNGSTOWN

For the first time since March, the Mahoning Valley combined increased employment, shrinking unemployment and a growing labor force, which are all signs of economic recovery.

The unemployment rate for Mahoning, Trumbull and Columbiana counties combined dropped to 7.2 percent, according to Ohio Labor Market Information figures released today. There were 500 fewer people unemployed in the Valley, an increase of 1,300 jobs and the local workforce grew by 1,000.

Mahoning County at 6.6 percent had the lowest unemployment rate of the three counties, followed by Columbiana at 7 percent and Trumbull at 7.8 percent.

Job growth was equal throughout the three counties. The increase in the labor force was the largest in Trumbull County at 400 new workers.

For more on this story, see Wednesday’s Vindicator or vindy.com


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