The Cleveland Fed’s district includes the entire state of Ohio, comprising 88 counties, 12 Metropolitan Statistical Areas (MSAs), and a range of community types, from urban, older industrial, and suburban to rural, agricultural, and Appalachian.
Strong Recovery for Whom? Trends in Dayton, Ohio, and Pittsburgh, Pennsylvania, Exemplify Growing Earnings Gaps between Minority and White Workers Present in Many US Regions
The gap in earnings between the typical white and minority worker grew in these two metro areas more than any other metro area during a 10-year period encompassing both the Great Recession and subsequent recovery. The reasons for the growing gap differ, reflecting divergent trends existent across the country. Read the report.
Economic conditions in the Toledo metro area continue to improve. The unemployment rate has fallen, and employment levels are holding relatively steady. The housing market is a particularly bright spot, with rising residential building permit numbers, growing home prices, and median home values that exceed their prerecession peak. Read More
The Columbus metro area continues to be one of the region’s strongest performers, with a low unemployment rate that continues to fall even as the labor force expands, steady employment growth, appreciating home prices, and low consumer debt and credit card delinquency levels. Read More
New short film (~6 mins) from the Fed explores good jobs not requiring a bachelor's degree. Meet Jaime Pearson and learn about her opportunity occupation in Toledo, Ohio. Read More