Ohio Employment and Population Trends
Employment in Cincinnati, Cleveland, and Columbus, Ohio’s largest cities, is increasing at similar rates and in step with the state’s overall performance. The cities have comparable workforce compositions, with two notable exceptions: Columbus, the state capital, has a larger share of government and financial services workers, and Cleveland has a slightly higher share of manufacturing employees. Business cycle events should have about the same influence on all three cities, and this in fact seems to be the case. Since 1993, each has experienced a 2-percentage-point decline in manufacturing employment, matched by a similar increase in service-sector jobs.
Suggested citation: “Ohio Employment and Population Trends,” Federal Reserve Bank of Cleveland, Economic Trends, no. 98-05, pp. 16, 05.01.1998.