OH added 4300 jobs in October as unemployment rate fell to 5.1%

OH added 4300 jobs in October as unemployment rate fell to 5.1%

OH added 4300 jobs in October as unemployment rate fell to 5.1%

The October unemployment rate was four-tenths of a percentage point lower than the national rate of 4.1% reported by the Bureau of Labor Statistics. And it's three-tenths of a percent better than that rate of 4.1 percent, which was the lowest in nearly 17 years. Private sector jobs, a subset of total nonfarm jobs, decreased by 1,700 from the previous month. New Hampshire had the lowest unemployment rate in New England at 2.7 percent, followed by 2.9 percent in Vermont, then ME, followed by 3.7 percent in MA, 4.2 percent in Rhode Island and 4.5 percent in CT. The Omaha metro area's rate of 2.4 percent also was the lowest in almost 20 years. The number of jobs hit 193,130, up almost 1,800 from a year ago. Employment and unemployment were both down, as well. There were 19,600 more unemployed residents over the year compared to October 2016.

The state's unemployment rate has dropped for the second month in a row. "The number of workers employed reached an all-time high", he said of the October figures.

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The report says Nebraska non-farm employment in October was up 10,379 over the year and up 1,624 over the month.

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