A decrease in the number of service sector jobs contributed to a weakening of the labor market in December. |
The gain in employment over the last 12 months, especially in the business and professional services sector, points to general economic improvement. |
We are making aggressive efforts to get more money into the hands of the working poor. |
While there were signs of improvement in the state's economy in January, they were not enough to support the sharp decline in the calculated unemployment rate. Patterns that are outside the norm, such as the unusually warm weather in January, can exaggerate the impact of seasonal adjustments that are part of the rate calculation. |
With little movement in Ohio's labor market from January to February, the state's unemployment rate was unchanged. We still question whether the dramatic decline in the calculated rate from December to January is fully supported by actual conditions. |