http://blog.cleveland.com/business/2008/03/ohio_jobless_rate_falls_to_53.html#more Ohio jobless rate falls, but so does employment
Posted by Alison Grant March 21, 2008 10:20AM
Categories: Breaking News
Ohio's labor market showed mixed results in February, with the jobless rate dropping to 5.3 percent but total nonfarm employment decreasing 11,600 over the month.
Helen Jones-Kelley, director of the Ohio Department of Job and Family Services, said the improvement in the unemployment rate must be tempered by the total employment decline.
The state unemployment rate in January was 5.5 percent.
Wage and salary employment fell in almost every sector of the economy last month. Losses in retail trade of 2,100 helped lower trade, transportation and utilities employment by a combined 3,400. Educational and health services dropped 2,500, while leisure and hospitality fell 1,900...
Snapshots of struggle: Everyday people try to survive in a sputtering economy
http://blog.cleveland.com/business/2008/03/john_kuntzthe_plain_dealerinde.html#morePosted by Michelle Jarboe, Michael O'Malley and Zachary Lewis March 21, 2008 23:13PM
Categories: Economy, Impact
John Kuntz/The Plain Dealer
It's the dramatic stuff that makes headlines.
Banks failing. Financial bulwarks crumbling. The housing market tumbling.
But when the economy hits the rocks, it doesn't take long for the waves on Wall Street to roll to Main Street.
As economists, bankers and brokers bat around solutions, people across Northeast Ohio struggle to pay their bills and balance their budgets...