Unemployment in the Mahoning Valley edged up sharply in January
Combined unemployment in the Mahoning Valley edged up sharply in January, going from 7.7 percent in December to 9.5 percent in January, according to statistics released today by the Ohio Department of Jobs and Family Services.
January’s figures were delayed so the department could revise its employment data, an annual routine that ensures more accuracy in the reporting.
In January 2011, combined unemployment across the Valley was at 9.6 percent. Local statistics are not seasonally adjusted and do not account for employment trends following the holidays.
The state’s economists had expected local unemployment to jump well above December’s 7.7 percent rate, to account for a slow down in hiring after the holidays and the additional layoffs that tend to occur during the winter.
The labor force in Trumbull and Columbiana counties continued to shrink in January, shedding a combined 1,400 hundred job seekers when compared to December.
The unemployment rate in Trumbull County was 9.5 percent in January and in Columbiana County it was nearly 10 percent. For Mahoning County unemployment stood at 9.4 percent during the same time, dropping year-over-year in Columbiana and Mahoning counties by less than a percentage point, while Trumbull’s unemployment rate rose by less than a percentage point in that time.