Ohio bucked the trend shown in a new report that compared state’s COVID-19 restrictions and unemployment rate.
Ohio ranked 16th in the nation for fewest restrictions but ranked 39th in unemployment ranking, according updated rankings released Tuesday by WalletHub, a personal-finance website. Not surprisingly, states with the fewest COVID-19 restrictions had lower unemployment rates than states with more.
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Although new claims dropped slightly from the previous week, Ohio’s unemployment remains above 400,000.
New claims fell by 2,910 during the last full week of July, from 30,325 to 27,415. The total number of claims dropped 28,160 in the time period between July 11 and July 18.
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Ohio initial unemployment claims fell by 5,991 claims for the week ending July 18.
The state also reported a 31,206 week-over-week decline in new claims for the week ending July 11.
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Ohio unemployment climbed by more than 35,000 new claims last week, bringing the state’s total number of unemployment claims to 410,784.
The week-over-week unemployment tally in Ohio rose by 1,024 new claims in the week ending July 4 to 35,854 new claims in the week ending July 11, according to U.S. Department of Labor data.
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New unemployment claims dropped slightly in Ohio last week, a trend also reflected in national numbers reported by the U.S. Department of Labor.
The week-over-week numbers reported for Ohio the week ending July 4 show 33,176 new initial claims, a decrease of 2,732 initial unemployment claims from the previous week’s 35,908 new claims.
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The Ohio Department of Family Jobs and Services released numbers Friday that showed Ohio’s unemployment rate in May at 13.7 percent.
Ohio’s unemployment rate is trending in a downward direction as the state’s unemployment rate went down almost four percentage points from April to May. As the unemployment rate continued to go down, the Buckeye State had 211,000 unemployed workers go back to work in May.
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More than 35,474 Ohio workers joined the ranks of the unemployed in the week ending June 6, bringing the total number of state residents filing unemployment claims to 546,854 since restrictions were put in place to slow the spread of COVID-19.
Week-over-week, Ohio witnessed an increase of nearly 400 new claims from the prior week, during which 35,078 new claims were reported.
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Ohio saw more than 42,000 people file for unemployment benefits last week, according to the Ohio Department of Jobs and Family Services (ODJFS).
This marks the second straight week Ohio has received less than 50,000 unemployment claims.
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The Ohio Department of Job and Family Services released numbers on Friday that showed truly how devastating the coronavirus has been on Ohio’s economy.
The data shows Ohio’s unemployment rate jumped 11 percentage points between March and April.
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