Ohio’s unemployment rate dropped again for December, going from 8.5 to 8.1. That compares quite favorably to the 9.5 rate in December 2010 before the new governor, John Kasich, took office.
A year ago 560,000 people were unemployed. In November 2011, 496,000 were unemployed, and it further dropped to 469,000 in December 2012.
Per the report, the rate decline from 8.5 to 8.1 was the largest one-month decline in almost 30 years. Let’s hope the Governor continues his successes to bring or keep businesses here in Ohio which will certainly help our housing market.