(The Center Square) – Ohio’s October jobs report showed two different pictures, with more Ohioans out of work but fewer in the state looking for work.
The separate numbers also show a growing trend, according to the Columbus-based policy group The Buckeye Institute.
Ohio’s unemployment rate rose to 4.2% in October, up from 4% in September, according to figures released by the Ohio Department of Job and Family Services.The U.S. unemployment rate in September stood at 3.5%, down from 3.7% in August. “It is not unusual for the two surveys that make up the jobs report to paint different pictures of Ohio’s job market in any given month, and revisions are sometimes quite significant,” Hederman said. “However, the two surveys tell the same story when we look at the trend over the past few months – Ohio’s job market has slowed in the second half of 2022, with fewer Ohioans looking for work and a lower rate of private-sector job growth.
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