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Website. jfs.ohio.gov. The Ohio Department of Job and Family Services (ODJFS) is the administrative department of the Ohio state government [1] responsible for supervising the state's public assistance, workforce development, unemployment compensation, child and adult protective services, adoption, child care, and child support programs.
The federal funds rate, which acts as a benchmark for borrowing rates in the rest of the economy, will now move down to about 4.8%, the lowest level since March 2023.
To apply online, visit the Ohio Department of Job and Family Services’ website at un e mployment.ohio.gov and follow the steps listed. If you don’t have access to a computer, you can apply by ...
The Federal Reserve has broken a four-year run and cut its benchmark interest rate by half a percentage point to 4.75-5.0 percent.. This significant move signals that the US central bank believes ...
The post-pandemic jobs boom was a marked contrast to the sluggish recovery from the Great Recession of 2007-2009. Back then, it took more than six years for the economy to recover the jobs that had been lost. By contrast, the breathtaking pandemic job losses of 2020 — 22 million — were reversed in less than 2 1/2 years.
The steady employment gains in recent months suggest a rough answer. The unemployment rate has been 7.9 percent, 7.8 percent and 7.8 percent for the past three months, while the labor force participation rate has been 63.8 percent, 63.6 percent and 63.6 percent. Meanwhile, job gains have averaged 151,000.
Job seekers ratio. Cold job market. Balanced job market. Hot job market. Job creation and unemployment are affected by factors such as aggregate demand, global competition, education, automation, and demographics. These factors can affect the number of workers, the duration of unemployment, and wage rates.
U.S. GDP was down from where it was prior to the COVID-19 pandemic, and the unemployment rate had spiked as millions of Americans had lost their jobs. The unemployment rate was at 3.5% in February ...