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Ohio’s low unemployment rate for 2023 was record-breaking

By: Olivera Perkins

Ohio set a record low in 2023 for its average annual unemployment rate, according to recent report from the federal Bureau of Labor Statistics.

Ohio’s unemployment rate for 2023 was 3.5%. In 2022, the state’s jobless rate was 4%, or 0.5 of a percentage point higher. Last year marked Ohio’s lowest average annual unemployment rate since 1976, when BLS began recording state unemployment statistics in this manner.


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