Ohio unemployment rate drops near 5.5 percent in October

Ohio unemployment rate drops near 5.5 percent in October
STOCK PHOTO (Mike Groll/Associated Press)

Ohio’s unemployment rate dropped 2.7 percent in October to 5.6 percent, which is more than a percent lower than the national unemployment rate.

“The number of workers unemployed in Ohio in October was 324,000, down from 469,000 in September,” the Ohio Department of Job and Family Services reported Friday morning.

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The U.S. unemployment rate for October was 6.9 percent, which is down a full percent from September.

Ohio’s rate, while a drop month-over-month, is still two percent above what it was last year at this time.