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Economy and Business


Ohio's unemployment rate is down, but so are the number of jobs
Unseasonably cold November may have played a role
Story by STEVE BROWN


 
Construction jobs were hit hard by cold weather.
Courtesy of ROBERT VERZO
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In The Region:

Ohio’s unemployment rate dropped from 7. 5 percent to 7.4 percent in November, the first monthly dip since spring.

But Angela Terez of the Ohio Department of Job and Family Services says the state also lost 12,000 jobs.

LISTEN: Job losses and gains

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“Most losses were in leisure and hospitality and construction, which may have been due to the onset of unseasonably cold weather in November. Most gains were in health care and trade, transportation and utilities which, I think, was mostly warehouse jobs.”

She said the seemingly contradictory numbers – lower unemployment but fewer jobs – stems from how the numbers are gathered. 

The jobs number comes from a survey of payrolls; the unemployment rate comes from a telephone survey of people.

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