Countdown To A Real Turnaround
Ohio loses 5,900 more jobs in September
The Columbus Dispatch reports:
Ohio's unemployment rate fell to 10.1 percent in September, a big drop from 10.8 percent the month before, the state said this morning.
Normally, this would be a positive sign, but this time the decline is largely because people are giving up on finding work and leaving the labor force, said Brian Harter, spokesman for the Ohio Department of Job and Family Services.
"The pool of people looking for work has gotten smaller," he said.
Ohio's nonfarm employment was 5,097,200 in September, down 5,900 from a month earlier. The number of workers unemployed stood at 594,000, down 47,000.
The fastest-shrinking sector was trade, transportation and utilities, which lost 6,000 jobs. Durable-goods manufacturing lost 4,500 jobs.
(Source: The Columbus Dispatch, 10/16/09)
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