Honda to cut production of Accord in Marysville
In Springfield, Mayor Warren Copeland said Springfield's real job growth is likely still on its way. Manufacturing firms like Silfex and Topre have pledged to invest millions of dollars and provide hundreds of new jobs for the area.
Springfield has benefited from an improving economy, he said. But Copeland said local leaders need to continue working with local businesses and entities like Clark State Community College to improve workforce development.
“Springfield’s big problem is not so much unemployment as it is people working at low-paying jobs,” Copeland said. “Hopefully these two major wins economically will bring good-paying jobs to the community, which will push up our average income.”
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Clark County’s population loss slows, stabilizes in latest Census data
Ohio’s non-agricultural wage and salary employment increased 13,400 over the month, according to the state data, and the state unemployment rate dipped from 4.7 percent in January to 4.5 percent in February.
The state saw gains in industries like manufacturing and construction, as well as leisure and hospitality.
Springfield pizza box maker to start $1M expansion
The data released Tuesday showed positive improvement in the state’s labor market, said Andrew Kidd, an economist at the conservative Buckeye Institute’s Economic Research Center. However, he noted the state’s unemployment rate remains well above the national rate of 4.1 percent.
“Ohio is continuing to see positive job growth path, yet an unchanged labor force participation rate is concerning as it shows some individuals are discouraged from job searching,” Kidd said. “Occupational licensing reform can reduce those disincentives, and, combined with eliminating special interest tax credits, will help Ohio to reach its goal of being a national leader in job creation.”
The Springfield News-Sun provides unmatched coverage of jobs and the economy, including recent stories on Mercy Health hiring for many open positions and home sales in Clark and Champaign counties.
December — 4.5 percent
January — 4.6 percent
February — 4.4 percent
December — 3.9 percent
January — 4.1 percent
February — 3.7 percent