BLS released 2012 annual average unemployment summary
The Bureau of Labor Statistics (BLS) released data last Friday stating that “annual average unemployment rates declined in 46 states and the District of Columbia, rose in 2 states, and were unchanged in 2 states.” Ohio’s unemployment rate dropped 1.4 percent from 8.6 percent in 2011 to 7.2 percent in 2012. Ohio’s 2012 unemployment rate is 0.9 percent lower than the 2012 annual average for the United States, which is 8.1 percent. The national employment-population ratio increased to 58.6 percent, with 26 states and the District of Columbia experiencing employment-population ratio increases.
The unemployment rates for the U.S. and the state of Ohio will be released on Friday, March 8.
