Tuesday, February 9, 2010

Middletown Has 2nd Highest Jobless Rate in the Region

Middletown Has 2nd Highest Jobless Rate in the Region

According to data released by the Ohio Department of Job and Family Services, the area's unemployment rate continues to stay at 9.9%. This area, which includes the Cincinnati area and Northern Kentucky, consists of Brown, Butler, Clermont, Hamilton and Warren Counties in Ohio; Boone, Bracken, Campbell, Gallatin, Kenton, Grant and Pendleton Counties in Kentucky; and Dearborn, Franklin and Ohio Counties in Indiana.. Even though the number of workers filing for unemployment declined in November 2009, December 2009 saw an increase of of 3,700 people who are out of work or actively seeking employment.

In December 2008, the unemployment rate in the region was only 6.7%. The good news is that 9.9% is actually lower than the 10.3% rate from July 2008. The highest unemployment rate for the area on record is 12.5% from January 1983. The rates do not take seasonal hiring into account, which can affect the numbers.

For the state of Ohio as a whole, the unemployment rate for December 2009 was 10.7% and for Kentucky, it was 10.4%. This is higher than the national average which was 9.7%.

The region did see a growth in jobs in the service industry, with a small bit of growth in the finance, professional, and business services, as well as leisure and hospitality. Manufacturing lost only 200 jobs, and goods-producing industries were down only 100 jobs.

Looking at the various Ohio counties in the region, Clermont took the lead with a 10.6% rate, followed by Butler County with a 9.9% rate, Hamilton County with a 9.5% rate and Warren County with 9.3%. As a matter of fact, 84 of Ohio's 88 counties saw an increase in unemployment with Southeast Ohio's Morgan County registering a whopping 17.5% rate. The lowest rate was 7.4%, which occurred in Holmes County, which is considered part of Amish Country.

As for cities, Hamilton had the highest unemployment rate in December, 11.5%. Middletown followed close behind with 11.3%. Both Cincinnati and Norwood had 10% and Fairfield and Mason came in next with 9.3% and 7.2% respectively. As for cities in the entire state, Youngstown had the highest rate with 14.6% and Cleveland Heights had the lowest rate with 6.1%.

Remember to call 513-422-1907 for Security Camera Systems in Middletown, Cincinnati, or the Dayton, Ohio areas.

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