Fourth District Employment Conditions
The Fourth District’s unemployment rate held steady at 5.8% in July, while the U.S. rate fell one-tenth of a percent to 5.5%. Following a typical pattern, a breakdown by county shows lower unemployment rates in most of the metropolitan areas. Southeast Ohio and the northeast section of Kentucky showed continued weakness and their jobless rates remained above the U.S. average.
Suggested citation: "Fourth District Employment Conditions," Federal Reserve Bank of Cleveland, Economic Trends, no. 04-09, pp. 14, 09.01.2004.