Overall unemployment rate moved down to 5.4% with the biggest shift in Business Services, which gained 5,700 roles, based on the most recently available information published in June 2022.
Total employment in the Cleveland-Elyria, OH market rose by 11,734 jobs in April and the unemployment rate decreased compared to the prior month by 130 bps to 5.4%. The national unemployment rate decreased by 42 bps over the same time to 3.3%.
- Cleveland-Elyria, OH unemployment rate is 206 bps above the national rate which is a negative sign.
- Unemployment in the market is 60 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in April versus prior month by 4.5% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.6% . Key sectors include:
- Education & Healthcare: 195,700; -1,300
- Transportation & Utilities: 185,800; -400
- Business Services: 158,800; +5,700
- Government: 132,700; +200
- Manufacturing: 118,300; -2,000
- Restaurants & Hotels: 94,000; +100
- Financial Services: 69,400; +500
- Other Jobs: 40,000; +700
- Construction, Mining: 39,500; +3,000
- IT & Development: 13,800; +200
Data is based on the most recent 12 months available, through April 2022 (Data published June 2022 and reports created on June 1, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.