Mahoning Valley unemployment decreased by 2.8 percent in October

YOUNGSTOWN

Mahoning Valley unemployment decreased by 2.8 percent in October compared to last year, data released by the Ohio Department of Job and Family Services today showed.

Mahoning, Columbiana and Trumbull counties had a combined seasonally unadjusted jobless rate of 4.9 percent this October. Last October the rate was at 7.7 percent.

Most economists placed the full unemployment rate between 5 and 5.5 percent.

Additionally, county-level numbers are not seasonally adjusted, and they do not take into account the seasonal jobs that begin and end during the summer or the holidays, for example, like the statewide numbers do.

Last month, there were a total of 12,800 unemployed in the Valley, which is a decrease of 7,300 from October 2013.

For the employed, there was an increase of 6,600 in the Valley last month compared to last October.

The civilian labor force remained the same this October.