Akron, OH
| Data Series | Nov 2021 | Jan 2022 |
|---|---|---|
| Unemployment Rate(3) | (2)3.7 | 4.8 |
| Nonfarm Wage and Salary Employment | ||
| Total Nonfarm(4) | 324.5 | 315.7 |
| 12-month % change | 0.3 | 0.9 |
How is the job market in Akron Ohio?
Akron has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 26.2%, which is lower than the US average of 33.5%. – The Sales Tax Rate for Akron is 6.8%. The US average is 7.3%.
What is the unemployment rate in Ohio right now?
Ohio Unemployment Rate is at 4.00%, compared to 4.10% last month and 5.60% last year. This is lower than the long term average of 6.61%.
Basic Info.
| Report | Regional and State Employment and Unemployment |
|---|---|
| Categories | Employment , Hours and Wages |
What is the main industry in Akron Ohio?
A diverse group of healthcare, banking, utilities, manufacturers, distribution companies, represent the City of Akron’s major employers. From medicine and hospital service, to jewelry and banking, these larger firms demonstrate the kind of corporate citizenship that would be the envy of any community.
Is Akron good place to live?
It has a small community feel and a low crime rate. It also has parks, a community center, library, and business district. Fairlawn Heights in Northwest Akron is the most affluent neighborhood in the area. It features large lots for single family homes in a beautiful country setting.
Is there a labor shortage Ohio?
Ohio still needs about 220,000 workers and jobs to get back to where it was before the pandemic. The shortage has been pronounced in many industries, but lower-wage jobs have been the most affected.
Why is there still a worker shortage?
One contributing factor to the ongoing worker shortage crisis is that many women have not returned to the workforce in the wake of the pandemic. In fact, there are an estimated one million women missing from the labor force compared to February 2020.
How is Ohio economy doing?
In 2019, Ohio’s gross domestic product (GDP), the broadest measure of economic production, totaled $698.5 billion, a 3.3% increase from 2018 total GDP of $675.9 billion. Ohio’s 2019 GDP was the 7th largest in the U.S., ranked between Pennsylvania (6th) and New Jersey (8th).
Did Ohio unemployment go down?
Ohio’s unemployment rate in January was 4.3%, down from 4.5% in December, according to new state unemployment data. The last time the unemployment rate was this low was February 2019, when the rate hit 4.2%. Ohio’s unemployment rate was 4.6% in February 2020 right before the pandemic took off.
What is the current unemployment rate in the United States right now?
3.6 percent
Total nonfarm payroll employment increased by 428,000 in April, and the unemployment rate was unchanged at 3.6 percent, the U.S. Bureau of Labor Statistics reported today.
What is the racial makeup of Akron Ohio?
Akron Demographics
White: 59.89% Black or African American: 30.32% Asian: 4.64% Two or more races: 4.31%
What is Akron Ohio famous for?
Akron is the home of the All-American Soap Box Derby, Alcoholics Anonymous, oatmeal, artificial fishing bait, the World Championship – Bridgestone Invitational golf tournament, and Stan Hywet Hall – one of the finest examples of Tudor Revival architecture in America.
What does the word Akron mean?
an elevation
Akron was originally laid out in 1825 and in 1841 became the seat of Summit County. The name came from a Greek word meaning “an elevation” or “point.”
Is Akron Ohio boring?
Akron is okay, it can be fun yet boring sometimes. Not very expensive or chaotic, I recommend coming her if you want a chill and quiet environment, just depending on where in Akron you choose to stay affects your experience. Akron is a relatively nice town with a good hospital and affordable housing.
How safe is Akron?
Akron is a moderately safe city. It scores significantly lower than many other cities in Ohio and is more dangerous than the average American city. On average, Akron’s average annual rate of crime is 35.02 per 1,000 residents. Property crime is the biggest threat in Akron, with theft and burglary scoring highest.
Is downtown Akron Ohio safe?
The violent crime rate is 1,304 violent crimes/100,000 with 43% more crime than Akron. Downtown (pop. 5,000) has a violent crime rate of 1,239 violent crimes per 100,000 residents. Common crimes in downtown include robbery, shootings, and theft.
How is the job market in Ohio?
“With Ohio’s unemployment rate holding steady at 5.4 percent and its labor force participation rate increasing to 61.1 percent (up from 60.8 percent), we see that employers have enough open positions that can be and are being filled by new workers. This is good news for Ohio’s recovering economy.
How many jobs are available in Ohio?
There are 269,287 total jobs available and 150,284 paying more than $50,000 a year, according to Ohio Means Jobs website.
Is there a labor shortage in 2022?
Openings held at record highs throughout 2022 as the labor shortage charges forward.
How can I live for free without a job?
Here’s How I Make a Good Living Without Working Full Time
- Control Your Expenses. If you want to avoid jobs, it helps to be a bit frugal.
- Diversify Your Income.
- Always Have Money in the Bank.
- Keep Looking for New Sources of Income.
- Consider “Employment Projects”
- Have Only Good Debt.
- Plan for Changes.
Why is there a shortage of everything in the US?
The supply-chain crisis is the result of COVID-19 disruptions paired with a boom in demand. Shortages of workers, equipment, and space have only made the issue worse.
