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June and July numbers are really tricky with the large number of school-related employees who suddenly become unemployed. 

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June and July numbers are really tricky with the large number of school-related employees who suddenly become unemployed.

 

Yeah, the unemployment rates rose from a combination of that and a growing labor force as more people are starting to look for work that weren't counted before.  The latter is actually good news in terms of how the economy is being perceived. 

Recession Recovery Update

 

Civilian Labor Force

 

2007 Pre-Recession Peak

 

Cincinnati: 1,144,892

Cleveland: 1,127,579

Columbus: 983,771

Dayton: 426,685

Akron: 394,042

Toledo: 338,753

Youngstown: 282,147

 

Recession/Post-Recession Bottom

 

Cincinnati: 1,075,372

Cleveland: 1,030,477

Columbus: 949,263

Dayton: 399,487

Akron: 369,106

Toledo: 314,421

Youngstown: 262,419

 

June 2013

 

Cincinnati: 1,107,300

Cleveland: 1,061,160

Columbus: 994,000

Dayton: 406,500

Akron: 377,100

Toledo: 323,200

Youngstown: 269,500

 

Recovery from Bottom

 

Columbus: +44,737

Cincinnati: +31,928

Cleveland: +30,683

Toledo: +8,779

Akron: +7,994

Youngstown: +7,081

Dayton: +7,013

 

Net Change from Pre-Recession Peak

 

Columbus: +10,229

Youngstown: -12,647

Toledo: -15,553

Akron: -16,942

Dayton: -20,185

Cincinnati: -37,592

Cleveland: -66,419

 

All-Time Labor Force Peak

 

Cincinnati: 1,144,892 July 2008

Cleveland: 1,139,708 July 1999

Columbus: 994,000 June 2013

Dayton: 435,679 December 2000

Akron: 394,042 July 2008

Toledo: 351,009 July 1999

Youngstown: 299,997 July 1998

 

Net Change from All-Time Peak to June 2013

 

Columbus: +0

Akron: -15,553

Toledo: -27,899

Dayton: -29,179

Youngstown: -30,497

Cincinnati: -37,592

Cleveland: -78,548

 

Non-Farm Jobs Recovery

 

2007 Pre-Recession Jobs Peak

 

Cleveland: 1,090,200

Cincinnati: 1,060,400

Columbus: 957,200

Dayton: 407,000

Akron: 346,600

Toledo: 330,000

Youngstown: 242,900

 

Recession/Post-Recession Bottom

 

Cleveland: 969,200

Cincinnati: 959,000

Columbus: 884,000

Dayton: 363,100

Akron: 308,500

Toledo: 286,100

Youngstown: 214,000

 

June 2013

 

Cleveland: 1,024,700

Cincinnati: 1,020,000

Columbus: 974,700

Dayton: 380,100

Akron: 328,700

Toledo: 310,000

Youngstown: 227,900

 

Recovery from Bottom

 

Columbus: +90,700

Cincinnati: +61,000

Cleveland: +55,500

Toledo: +23,900

Akron: +20,200

Dayton: +17,000

Youngstown: +13,900

 

Net Change from Pre-Recession Peak

 

Columbus: +17,500

Youngstown: -15,000

Akron: -17,900

Toledo: -20,000

Dayton: -26,900

Cincinnati: -40,400

Cleveland: -65,500

 

All-Time Jobs Peak

 

Cleveland: 1,148,000 December 1999

Cincinnati: 1,060,400 December 2007

Columbus: 974,700 June 2013

Dayton: 443,100 December 2000

Toledo: 352,100 December 1999

Akron: 346,600 December 2007

Youngstown: 260,600 December 1999

 

Net Change from All-Time Peak to June 2013

 

Columbus: +0

Akron: -17,900

Youngstown: -32,700

Cincinnati: -40,400

Toledo: -42,100

Dayton: -63,000

Cleveland: -123,300

  • 1 year later...

http://www.bizjournals.com/cincinnati/print-edition/2015/02/27/cincinnati-leads-ohio-cities-in-jobs-growth.html

 

This article contains the metro jobs data for 2014 and discusses the 3 C's, primarily.  It doesn't have the breakdown of some of the previous posts in this thread, but seems to have the top-line numbers. 

 

Cincinnati: 

 

2014 Jobs:  1,055,000

2013 Jobs:  1,033,000

 

Increase:  2.1% (22,000 jobs)

 

Cleveland: 

 

2014 Jobs:  1,044,000

2013 Jobs:  1,031,000

 

Increase:  1.2% (13,000 jobs)

 

Columbus: 

 

2014 Jobs:  1,001,000

2013 Jobs:  993,000

 

Increase:  .8% (8000 jobs)

 

The article also mentions that Dayton added 8,800 jobs, for a 2.3% increase.  It doesn't give the numbers, but I think that would put Dayton around the 382,000 (or so) job range.  (Someone more exact with math will probably get the numbers, or going to the source...)

 

Big takeaway may be the fact that all 3 C's are now above 1 million jobs in the metro region. 

If all that is correct, it looks like Cincinnati is close to their 2007 pre-recession jobs (currently -5,000 jobs), Cleveland still has a bit of a ways to go from 2007 (currently -46,000 jobs) and Columbus has recovered nicely from 2007 (+44,000 jobs)

If all that is correct, it looks like Cincinnati is close to their 2007 pre-recession jobs (currently -5,000 jobs), Cleveland still has a bit of a ways to go from 2007 (currently -46,000 jobs) and Columbus has recovered nicely from 2007 (+44,000 jobs)

 

If you are looking at numbers from earlier in the thread, it may be using a different starting point.  I see at one point the pre-recession peak listed as over 1.1 million jobs in Cincinnati.  Not sure if this article is using the same source as those numbers above or not. 

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