Topics
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Toledo—Conditions Continue to Improve
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 -
Columbus—Steady Overall Employment Growth
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 -
Short film from the Fed explores good jobs not requiring a bachelor’s degree
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 -
A Long Ride to Work: Job Access and the Potential Impact of Ride-Hailing in the Pittsburgh Area
Whether measured by proximity or commute time, data show that for the average transit rider, jobs are increasingly out of reach. Cleveland Fed researchers explored one solution for improving job access. Here’s your ticket to ride. Read More -
A look back at the financial crisis: What did we learn? What’s changed?
Ten years after the start of the nation’s unprecedented financial crisis, Cleveland Fed examiners and others reflect on what happened and detail how things have changed in response to it. Read More
Recent Articles
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Uncertain Terms: What Small Business Borrowers Find When Browsing Online Lender Websites
The information available to prospective borrowers on small business online lender websites varies widely, and it is not unusual for lenders to detail terms in footnotes, fine print, or frequently asked questions (FAQs). Read more.
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Profit with a Purpose: Manufacturing Success for Cincinnati’s Second-Chance Citizens
For the formerly incarcerated, questions abound: What is the next step? Where can I get a job? How can I begin rebuilding my life? One Cincinnati company is providing answers. Read More
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Making Change: Addressing Skills-training and Employment Needs for Returning Citizens
Finding a quality job is important for both formerly incarcerated individuals and the communities in which they live. One Cleveland-area program is helping, but the need for additional support for this vulnerable population is great. Read More
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Understanding the Disconnect between Economic Development and Workforce Development Systems
The economic development field encourages business and job growth, while workforce development ensures individuals have the education, skills, and training needed to obtain jobs. This report provides perspectives on alignment as well as challenges and opportunities for greater alignment between the two systems, using stakeholder input from the Federal Reserve Bank of Cleveland’s Fourth District. Read More
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Click, Submit 2.0: An Update on Online Lender Applicants from the Small Business Credit Survey
Though they represent a small share of total small-business lending, nonbank online lenders are a growing source of small-dollar credit for small businesses. Which businesses sought funds through online sources? How successful were their borrowing experiences? Find out