The unemployment rate in Ohio dipped to 6.1 percent in March—the lowest it’s been since 2008. It’s down from 6.5 percent in February, and well below the national rate of 6.7 percent. But those percentages can be deceiving—March was also a slow month for job growth, and the labor force once again saw a downward tick month over month, with about 11,000 less people either working or looking for work in March than in February.
Several Dayton groups are asking Congressman Mike Turner of Ohio’s 10th district to help renew emergency unemployment benefits. A bipartisan Senate bill expected to pass this week has found little support in the House.
Monthly unemployment numbers have been released for the Miami Valley. WYSO’s Emily McCord caught up with economics reporter Lewis Wallace about some of the latest job trends—which range from low labor force participation to pizza.
Last week’s big news that a Chinese company will take over a large part of the old GM plant in Moraine is still reverberating throughout the Miami Valley. Officials say the automotive glass manufacturer, Fuyao, is expected to bring at least 800 jobs by 2017.
It’s the biggest job-creation win so far for Governor John Kasich’s semi-private economic development arm, JobsOhio.