Overall unemployment rate moved down to 5.9% with the biggest shift in Restaurants & Hotels, which gained 4,400 roles, based on the most recently available information published in September 2021.
Total employment in the Cleveland-Elyria, OH market rose by 18,435 jobs in July and the unemployment rate decreased compared to the prior month by 60 bps to 5.9%. The national unemployment rate decreased by 43 bps over the same time to 5.7%.
- Cleveland-Elyria, OH unemployment rate is 24 bps above the national rate which is a negative sign.
- Unemployment in the market is 330 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in July versus prior month by 4.4% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.5% . Key sectors include:
- Education & Healthcare: 193,200; -800
- Transportation & Utilities: 178,800; +1,400
- Business Services: 158,200; +2,200
- Government: 127,200; -3,400
- Manufacturing: 111,300; -100
- Restaurants & Hotels: 96,400; +4,400
- Financial Services: 66,500; -700
- Construction, Mining: 41,800; +2,000
- Other Jobs: 33,900; +100
- IT & Development: 12,600; +100
Data is based on the most recent 12 months available, through July 2021 (Data published September 2021 and reports created on September 1, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.