Cleveland, OH Jobs Report

February 2020 Jobs Report

Jobs Added

Metro -1,200
  • Month Over Month: -0.1%
  • 3 Month Average: 1,267
  • Year Over Year: +1.2%
State +9,800
  • Month Over Month: +0.2%
  • 3 Month Average: 5,833
  • Year Over Year: +0.5%
National +273,000
  • Month Over Month: +0.2%
  • 3 Month Average: 243,333
  • Year Over Year: +1.6%

Unemployment Rate

Metro 4.0%
  • Month Over Month: +0.5%
  • 3 Month Average: 3.6%
  • Year Over Year: -0.6%
State 4.1%
  • Month Over Month: 0.0%
  • 3 Month Average: 4.1%
  • Year Over Year: -0.2%
National 3.5%
  • Month Over Month: -0.1%
  • 3 Month Average: 3.53%
  • Year Over Year: -0.3%

The U.S. economy added a better than expected job gain and the unemployment rate is back at the 50-year low. January’s job gains were upwardly revised to 273,000, from the 225,000 previously reported. The unemployment rate has been 3.6% to 3.5% for the past six months.

The services sector again led the advance in job gains in February. Within this sector, health-care and social assistance added 56,500 payrolls, accelerating gains from January. Professional and business services also posted strong job gains, adding a net 41,000 positions.

The labor force participation rate held at 63.4%, close to the highest level since mid-2013 and indicating a solid proportion of the working-age population employed or actively seeking employment.

Sector Job Growth from the B.L.S.

Professional & Business Services -3,500
  • Month Over Month: -2.1%
  • 3 Month Average: 166
  • Year Over Year: +6.6%
Education & Health Services -800
  • Month Over Month: -0.4%
  • 3 Month Average: 211
  • Year Over Year: +2.6%
Transportation & Warehousing +400
  • Month Over Month: +1.3%
  • 3 Month Average: 31
  • Year Over Year: +1.6%

Industry Job Growth from the B.L.S.

Administrative & Support & Waste Management & Remediation Services -4,700
  • Month Over Month: -6.7%
  • 3 Month Average: 69
  • Year Over Year: +1.4%
Transportation, Warehousing, & Utilities +400
  • Month Over Month: +1.2%
  • 3 Month Average: 34
  • Year Over Year: 0.0%
Health Care & Social Assistance -100
  • Month Over Month: -0.1%
  • 3 Month Average: 173
  • Year Over Year: +2.7%
Employment Services 0
  • Month Over Month: 0.0%
  • 3 Month Average: 34
  • Year Over Year: +3.4%
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Metropolitan Month-Over Month Job Growth by Sector

*The following chart displays the latest local job growth by sector compared to the previous month. Note that if a sector experienced losses or flat growth, it will not be displayed as part of the graphic.

BLS.gov cannot vouch for the data or analyses derived from these data after the data have been retrieved from BLS.gov.

The BLS defines a sector as a subset of the domestic economy and excludes the economic activities of the following: general government, private households, and nonprofit organizations serving individuals. A sector consists of multiple industries.

The BLS defines an industry as a group of establishments that produce similar products or provide similar services. Multiple industries makeup sectors.

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