It is great to see the folks at our local restaurants again. Eating outdoors is a real treat. Jobs are coming back. The prospects for recovery are bright. Photo by Valeria Boltneva from Pexels.
In April, Ohio reported an unemployment rate of 16.8%, the highest number since 1975 when the state began to track the unemployment rate.
The good news may be that the U.S. unemployment rate fell slightly from 14.7% to 13.3% in May, according to the U.S. Bureau of Labor Statistics. So Ohio’s new unemployment number should reflect a positive uptick.
U.S. employers added 2.5 million jobs last month as economic activity slowly resumed and coronavirus pandemic restrictions eased. The numbers represent a much more optimistic view for the economy moving forward even though 1.9 million more American filed for unemployment, bringing the pandemic total to over 42 million.
While the unemployment figures may be lower than expected, they are still at devastating highs.
Check the OhioMeansJobs and JobsOhio websites for their perspectives on the unemployment rate. Check out Ohio Safe. Ohio Working under the News & Insight tab on the JobsOhio website. Or take a look at the Responsible Restart Ohio tab on the OhioMeansJobs website. These websites are great for both employers and potential employees.