Overall unemployment rate moved up to 4.9% with the biggest shift in Restaurants & Hotels, which gained 2,300 roles, based on the most recently available information published in April 2021.
Total employment in the Cleveland-Elyria, OH market rose by 6,832 jobs in March and the unemployment rate increased compared to the prior month by 10 bps to 4.9%. The national unemployment rate decreased by 38 bps over the same time to 6.2%.
- Cleveland-Elyria, OH unemployment rate is 128 bps below the national rate which is a positive sign.
- Unemployment in the market is 130 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in March versus prior month by 2.4% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.8% . Key sectors include:
- Education & Healthcare: 197,900; +1,600
- Transportation & Utilities: 177,000; -700
- Business Services: 147,100; +2,200
- Government: 128,800; +600
- Manufacturing: 110,400; -100
- Restaurants & Hotels: 84,900; +2,300
- Financial Services: 67,300; +700
- Construction, Mining: 34,500; +1,000
- Other Jobs: 34,100; +500
- IT & Development: 12,200; +100
Data is based on the most recent 12 months available, through March 2021 (Data published April 2021 and reports created on April 29, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.