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More job losses in November in Ohio than anywhere else in US

The Columbus Dispatch reported that Ohio lost more jobs in November than any other state. For those dealing with an already struggling economy, the loss of available jobs makes recovery that much harder.

During the month of November, the state lost 12,000 positions. This number is almost twice the number of jobs lost in North Carolina, which ranked second in lost jobs. According to the Ohio Department of Job and Family Services, losses were across the board. Cuts were made in hospitality, construction, business and professional areas, making the chances of facing personal bankruptcy a threat to all workers, not just the manufacturing industry.

Ohio had been a leader in creating jobs, with an unemployment rate below the national average. With the latest numbers, the state’s jobless rate is back over the national average. The new casinos in Ohio had contributed to an increase in available employment; some of the cuts may be related to casinos finding that more workers had been hired than were needed.

The construction industry eliminated 3,600 positions in November. The year-to-date drop is 5,200 jobs. However, construction-related employment in Ohio does decline during the winter months. On the plus side, health care and education added 4,200 position and warehouse employment rose by 3,000 jobs.

Columbus residents should take heart, though; the recovery process is slower than ideal, but there are positive signs. Unfortunately, Columbus residents are also facing the start of the winter season with a likely increase in home heating costs and related expenses.

Anyone facing unexpected life changes, especially unemployment and financial challenges,can should seek the help of an experienced bankruptcy attorney. With the right assistance, Ohio residents can stop foreclosure actions and get solutions for making manageable payments for the debts they have incurred.

Source: The Columbus Dispatch, "Ohio leads U.S. in Nov. job losses," Mark Williams, Dec. 21, 2013

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