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Economy and Business


Greater Cleveland is No. 1 nationally in job loss
The Cleveland metropolitan area ranks the highest in job loss across the country.
Story by AKILAH PORTER


 
In The Region:

The Greater Cleveland area continues to shed more jobs than any other metro region in the country, according to recent figures from the U.S. Department of Labor.

The five county area — Cuyahoga, Geauga, Lorain, Lake and Medina— has led the nation in the number of jobs lost since May. The September figures have been delayed due to the recent government shutdown, but Economic Research Analyst George Zeller says it doesn’t look good.

LISTEN: Zeller on Greater Cleveland

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“We’re certainly hoping for better news, but we know that the forthcoming news ... is negative,” Zeller said. “And there are additional headwinds on top of the problem that we already know about. So we need to start taking action at once to stop slowing down the recovery.”

The decline already recorded reflects a 0.8 percent decrease in employment.

Recent job losses include more than the 1,000 people laid off this summer at Bank of America, plus lay-offs at the Cleveland Clinic, The Plain Dealer and Ben Venue Labs.

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