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Unemployment rate half of 2010 recession high

November 21, 2012
Morning Journal News

LISBON - Columbiana County's unemployment rate has declined by more than half from the recession-high of 14.8 percent in January 2010.

The county's jobless rate was 7 percent in October compared to 7.3 percent the month before, according to figures released Tuesday by the Ohio Department of Job and Family Services.

Meanwhile, the state unemployment rate continued to drop, with the jobless rate declining from 7 percent in September to 6.9 percent last month. The national unemployment rate inched up slightly over the same period, from 7.8 percent to 7.9 percent.

The state estimated 3,600 county residents were unemployed in October, down 100 from September, leaving 47,900 with jobs. But the number of claims for unemployment benefits increased from 299 to 436 in October, while the number of people receiving payments for the first time also increased over the same period, from 98 to 121.

The number of those continuing to receive benefits dropped from 2,614 in September to 2,305 last month, with the average payment being $297 per week.

Among adjoining Ohio counties, the county's October jobless rate was higher than Mahoning (6.6 percent), Carroll (6.5 percent) and Stark (6.2 percent) but lower than Jefferson (9.6 percent).

The county's jobless rate was the 28th highest among Ohio's 88 counties. Mercer County had the lowest unemployment rate at 3.8 percent, while Pike County continued to have the highest at 11.5 percent.



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