Wire services report
Ohio officials are expected to release the state’s unemployment rate for last month, along with the newest statewide labor data sometime today.
Ohio’s seasonally adjusted unemployment rate has varied only slightly since the beginning of the year. It has hovered below the U.S. unemployment rate, which fell to 7.3 percent in August, the lowest since 2008. That’s only because more people stopped looking for work and were no longer counted as unemployed.
Ohio’s unemployment rate held steady at 7.2 percent in July. Nonfarm wage and salary employment increased 5,300; bringing good news a month after Ohio reported the second-largest job loss for any state in June.