Economic News

The unemployment rate in August 2022 for the City of Mentor decreased 0.2% to 4.0%. One year ago, the unemployment rate was 4.2%. For Lake County, the unemployment rate decreased 0.4% to 4.0% in August 2022 and one year prior, it was 4.8%.

Among cities in Ohio with a population of 50,000 or more, Kettering has the lowest unemployment rate with 3.8%, and Cuyahoga Falls, Columbus, Lakewood, and Mentor have the next lowest rate at 4.0%. Springfield has the third lowest rate with 4.8%, and Cleveland Heights has the fourth lowest rate at 4.9%. The City’s civilian labor force increased 100 to 27,300.

The State of Ohio’s unemployment rate decreased 0.1% to 4.3% in August 2022. The rate for the State was 4.8% in August 2021.

SOURCE:   August 2022 Civilian Labor Force Estimates – Ohio Department of Job & Family Services, Office of Workforce Development and Bureau of Labor Market Information.