Overall unemployment rate moved down to 4.9% with the biggest shift in Government, which gained 4,700 roles, based on the most recently available information published in April 2021.
Total employment in the Cleveland-Elyria, OH market declined by 6,098 jobs in February and the unemployment rate decreased compared to the prior month by 240 bps to 4.9%. The national unemployment rate decreased by 26 bps over the same time to 6.6%.
- Cleveland-Elyria, OH unemployment rate is 165 bps below the national rate which is a positive sign.
- Unemployment in the market is 50 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in February versus prior month by 3.5% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.3% . Key sectors include:
- Education & Healthcare: 194,200; +400
- Transportation & Utilities: 178,000; -1,000
- Business Services: 145,100; -1,200
- Government: 130,400; +4,700
- Manufacturing: 110,000; -700
- Restaurants & Hotels: 83,300; +1,600
- Financial Services: 66,500; -100
- Other Jobs: 33,600; +300
- Construction, Mining: 33,400; -800
- IT & Development: 12,100; no change
Data is based on the most recent 12 months available, through February 2021 (Data published April 2021 and reports created on April 9, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.