News Alert: Ohio Unemployment Rate 9.6 Percent

Nowadays We know all countries faceing unemployment let here Ohio unemployment,The employment situation significantly since the summer, when redundancies have resulted in improved public sector losses of employment in general, were the increase in employment in October, is not sufficient to increase the unemployment rate of 9.6 percent, which has lasted for months. Unemployment has fallen from its peak a year ago to 10.1 percent, the image strikes however.The the injection of liquidity from the Federal Reserve in the economy are now working to engineer a recovery in the economy. Employment growth was particularly strong in the details, to 27 900 per month, suggesting that the dealers to the recent rise in consumer spending expected continue.Growth in education and employment, health also has a strong growth employment have been 34 900, and the temporary resumption of strong growth of 53,000 per month. The construction industry was under siege, a slight increase in employment in 5000, so the relatively small loss of 8,000 jobs and 7,000 government in the preparation of compensation "is a good growth story No recession -.. relapse, recovery is here, "said John Silvia, chief economist at Wells Fargo Securities service great nation - which comprises about two-thirds of the economy - is continuous improvement, with areas that employ millions of people, such as education and health, business services and trade, published a series of increases in employment in recent months workweek noted.A increasingly 34.3 hours to 34.2 in September, "The support for the positive economic momentum future, "said.Heidi Shierholz, an economist at the Economic Policy Institute, accelerating employment growth, and it was a pleasant surprise was that the loss of jobs in state and local governments has been unexpectedly modest.But that" loss of jobs in this sector is likely in the coming months, national and local budget problems worse. "And while employment growth in October was" a step in the right direction, even years to pre the downturn in employment growth in the current pace of job creation, which supposedly back. Republican leader John Boehner of Ohio, the president probably next year House, noted that unemployment remains above 9.5 percent for 15 consecutive months.

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