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Ohio's February jobless rate highest since 1984 [View All]

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OhioChick Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-20-09 12:13 PM
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Ohio's February jobless rate highest since 1984
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Source: AP

03.20.09, 11:11 AM EDT

The state's unemployment rate hit a near 25-year high of 9.4 percent in February as job losses continued in both manufacturing and services, the Ohio Department of Job and Family Services reported Friday.

Joblessness increased from 8.8 percent in January amid further weakness in the state's job market, the department said.

"We continue to see the mass layoffs that have occurred in Ohio over the last few months factor in to the unemployment rate and how it's calculated," said Brian Harter, a spokesman for the agency.

The last time unemployment was higher in Ohio was in May 1984, when the jobless rate was 9.6 percent, Brian Harter said. State unemployment hit an all-time high of 13.8 percent in December 1982 and January 1983.



Read more: http://www.forbes.com/feeds/ap/2009/03/20/ap6193614.htm...
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