JobWatch May 2005

Ohio’s labor market is showing modest signs of improvement this spring. According to the latestseasonally adjusted payroll numbers issued May 20 by the Ohio Department of Job & Family Services, the state has gained nearly 16,000 jobs since January, the recent low point in employment. However, employment still remains well below where it was when the recession officially ended in November, 2001, and 168,500 or 3 percent below where it was when the recession began in March of that year.