LIMA — Allen County’s jobless rate fell to 5.4% in October as Ohio’s economic recovery has now surpassed the U.S. rebound, preliminary unemployment estimates from the Bureau of Labor Statistics and Ohio Department of Job and Family Services show.
Preliminary estimates show roughly 2,500 people in Allen County returned to work in October, while another 2,600 were still looking for a job and the county’s labor force participation improved from its low point in September, bringing the county’s official jobless rate down 2.2 percentage points.
Ohio’s jobless rate in October fell to 5.6% while the U.S. unemployment rate stalled at 6.9% — the first time since July that Ohio’s jobless rate was lower than the national average.
Ohio saw 33,600 private-sector jobs added in October, but the state is still roughly 301,700 private-sector jobs shy of this time last year. The hospitality industry has been hit particularly hard: 123,800 jobs have been lost since last October, as restaurants, hotels and entertainment venues struggle to adapt to a pandemic that is fueled by socializing.
More hospitality job losses were expected last week, before Gov. Mike DeWine opted for a 21-day curfew instead of issuing an order to close bars, restaurants and gyms, considered some of the highest-risk venues for coronavirus spread outside of private residences.
DeWine pointed to the potential economic fallout and other concerns as justification for the curfew, which took effect last Thursday.