In January, Ohio reported an increase in unemployment rates, marking the highest it’s been in over two years, according to the state labor officials. The unemployment rate grew to 4.6% in that month, a rise from the revised 4.5% in December. Unemployment rates rose steadily each month in 2024, noting a slight decrease towards the year’s end. However, October marked the first decline since May 2023, when the state experienced record low unemployment rates. Even with this fluctuation, Ohio’s unemployment rate remained higher than the national average, which was 4% in January, a drop from 4.1% in December 2024 and an increase from 3.7% in January 2024.

Notably, the state’s non-agricultural wage and salary employment fell by 800 jobs between December and January. A drop from a revised 5,654,600 to 5,653,800 in the first month of the year. This reflects the total number of jobs within Ohio, without considering the worker’s residency. In layman’s terms, one individual taking two jobs counts as two separate jobs in this count.

In terms of those out of work or seeking employment in Ohio, 271,000 were unemployed in January, increased from 265,000 in December 2024. This indicates an increased number of unemployed workers compared to the preceding 12 months, a jump from 232,000.

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