Cincinnati, OH Jobs Report
This is the first monthly job loss in almost a decade, reflecting the virtual economic standstill wrought by the coronavirus outbreak. Nearly 10 million people have applied for unemployment in the last two weeks, the unemployment rate to top 10% in the second quarter, rising above levels from the peak of the global financial crisis.
The business activity subindex dropped by 9.8 points to 48, the first contraction since July 2009. The unemployment rate for March rose to 4.4% from 3.5% in February. It was the largest one-month increase in the rate since January 1975.
*The following chart displays the latest local job growth by sector compared to the previous month. Note that if a sector experienced losses or flat growth, it will not be displayed as part of the graphic.
BLS.gov cannot vouch for the data or analyses derived from these data after the data have been retrieved from BLS.gov.