Lowest in Ohio Among 50,000 Population
The unemployment rate for the City of Mentor decreased 0.4% to 2.9% for the month of November 2015; one year ago the unemployment rate was 4.2%. In Lake County, the unemployment rate declined to 3.3% in the month of November; one year ago the unemployment rate was 4.8%.
The City of Mentor has the lowest unemployment rate among cities with a population of 50,000 or more, and the rate has not been below 3% since October of 2001. The City’s civilian labor force participation rate decreased 200 to 26,200; in October, 2001 the participation rate was 29,500, a 12% reduction.
The State of Ohio’s unemployment rate increased to 4.4% for the month of November 2015. One year ago, Ohio’s unemployment rate was 4.9% (November 2014).
SOURCE: November 2015 Civilian Labor Force Estimates – Ohio Department of Job & Family Services, Office of Workforce Development and Bureau of Labor Market Information.