Take off Career

Ohio’s Worst Places for Jobs: A Detailed Analysis of Economic Challenges

Ohio’s Worst Places for Jobs: Hillsboro, Cleveland, and More

Looking for job opportunities but don’t know where to start? We’ve got you covered! In this article, we’ll analyze the top 10 worst places for jobs in Ohio, providing you with all the information you need to make an informed decision.

Let’s get started!

Criteria for Ranking

Before we dive into the specific locations, let’s take a moment to explore the criteria used to rank the worst places for jobs in Ohio. Our analysis focused on two key factors: job growth and median household income.

Job Growth: We looked at the percentage change in employment opportunities over the past year to assess each location’s job growth. The higher the percentage, the better the prospects.

Median Household Income: Next, we considered each location’s median household income to determine the financial status of the residents. For this factor, the lower the median household income, the worse its ranking.

Based on these criteria, we’ve compiled a list of the top 10 worst places for jobs in Ohio.

Top 10 Worst Places for Jobs in Ohio

#10 Maple Heights

#9 Elyria

#8 Athens

#7 Nelsonville

#6 Euclid

#5 Lorain

#4 East Liverpool

#3 East Cleveland

#2 Cleveland

#1 Hillsboro

Hillsboro – Worst Place for Jobs in Ohio

Poor Performance in Job Growth

Coming in first on our list is Hillsboro, a small town in Highland County. Unfortunately, Hillsboro has had a poor performance in terms of job growth, ranking last in Ohio with a percentage change of -6.1%.

This means that job opportunities have decreased significantly, making it a tough market for job seekers.

Low Median Household Income

To compound matters, Hillsboro also has a low median household income of $35,356, which is significantly lower than the state average of $54,533. This means that residents have less disposable income to spend on daily expenses, rent, and mortgages.

What This Means for Job Seekers

For those living in or considering moving to Hillsboro, it’s essential to understand the current job market. The poor performance in job growth and low median household income indicate a challenging environment for job seekers.

In this case, it may be necessary to look outside Hillsboro for employment opportunities.

Conclusion:

Ohio’s worst places for jobs are primarily those with low job growth and low median income. Places like Hillsboro, Cleveland, and East Cleveland are the worst in the state, with the poorest job prospects.

It’s essential for Ohio residents to pay attention to these factors when looking for work or considering relocating to a new place. By keeping these criteria in mind, you can make informed decisions that will help you secure a brighter future.

Cleveland – High Unemployment and Low Median Income

Cleveland is the second worst place for jobs in Ohio, falling short of only Hillsboro. The city has a high unemployment rate, making it challenging to secure employment opportunities in the area.

Additionally, Cleveland residents earn a median household income of $31,817, which is significantly lower than the state average of $54,533.

High Unemployment Rate

Cleveland has an unemployment rate of 10%, which is higher than Ohio’s overall unemployment rate of 8.3%. This means that there are fewer job opportunities available in Cleveland compared to other parts of the state.

In addition, the high unemployment rate can negatively impact the overall economy, as fewer people are contributing to the community’s financial growth.

Low Median Household Income

Cleveland’s low median household income is also a significant concern for residents. With a median income of $31,817, residents have less disposable income to spend on daily expenses or save for the future.

This can lead to financial struggles, housing issues, and other significant monetary challenges. It’s essential to consider the financial implications of living in Cleveland before moving to the area.

The low median income can make it challenging to secure housing, pay for necessities, and enjoy the city’s various activities. However, despite the obstacles, Cleveland has a lot to offer, and many residents thrive in the area despite its economic challenges.

East Cleveland –

Poor Performance in Job Growth and Low Median Income

East Cleveland also ranks high on the list of Ohio’s worst places for jobs, coming in third after Cleveland. The city has a poor performance in job growth, a high unemployment rate, and a low median income, making it difficult for residents to find work and live comfortably.

Poor Performance in Job Growth

Over the last year, East Cleveland’s job growth has declined by -4.2%, indicating a challenging job market. This lack of job growth can make it difficult for residents to find new employment opportunities or advance their careers.

High Unemployment Rate

East Cleveland’s unemployment rate is 9.2%, which is higher than Ohio’s overall unemployment rate of 8.3%. This high unemployment rate can make it challenging for residents to find work and support themselves and their families financially.

Low Median Household Income

Along with its high unemployment rate and poor job growth, East Cleveland also has a median household income of $20,419, significantly lower than Ohio’s median household income of $54,533. This means that residents living in East Cleveland don’t have much disposable income to spend on necessities, let alone extra activities.

What This Means for Job Seekers

For job seekers, living in Cleveland or East Cleveland can be challenging. High unemployment rates, poor job growth, and low median household incomes can make it difficult to afford the cost of living and budget for emergencies.

For those seeking employment opportunities, it may be beneficial to consider other locations in Ohio with better job growth and less competitive job markets.

Conclusion

Ohio’s worst places for jobs pose significant economic challenges for residents. High unemployment rates, low job growth, and low median household incomes can make it difficult to secure employment opportunities or live comfortably.

Understanding the current job market and the financial implications of living in these areas is crucial for those looking to make a move. By keeping these factors in mind, Ohio residents can make informed decisions and secure a brighter economic future.

East Liverpool – Slow Job Growth and

High Unemployment Rate

East Liverpool is the fourth worst place for jobs in Ohio, with slow recent and projected job growth and a high unemployment rate. The city has been struggling economically, making it challenging for residents to find work and support themselves.

Slow Recent and Future Job Growth

Over the past year, East Liverpool’s job growth has been slow, decreasing by -1.2%. This trend is expected to continue, with a projected job growth rate of -2.7% over the next ten years.

This means that job prospects in the area are limited, with fewer employment opportunities for job seekers.

High Unemployment Rate

East Liverpool also has a high unemployment rate of 8.4%, making it difficult for residents to find employment opportunities. The high unemployment rate creates a competitive job market, making it harder for job seekers to secure new positions.

These economic challenges indicate that East Liverpool is a tough place for job seekers. It’s essential to weigh the pros and cons before making a move to the area, especially if you’re considering a career change or advancement.

Lorain – Declining Industries and

High Income Tax Rates

Lorain, a city situated along Lake Erie, is the fifth worst place for jobs in Ohio. The city is heavily reliant on declining industries such as steel production and auto-manufacturing, and there is an increase in the income tax rate, making it a less attractive place to live.

Reliance on Declining Industries

The declining industries mentioned above are struggling to offer employment opportunities and career advancement due to automation and global competition. As a result, Lorain residents may find it harder to secure work in these historically vital industries.

High Income Tax Rate

Lorain has one of the highest income tax rates in Ohio, making it a financial burden for residents. The income tax rate in Lorain is 2.5%, which can add up quickly for residents with higher incomes or those with multiple jobs.

This tax burden may deter residents from moving to Lorain to work or own businesses. The economic challenges faced by Lorain residents indicate the need for improving the city’s job market and lowering the income tax rate to attract more businesses and residents to the area.

What This Means for Job Seekers

For job seekers, living in East Liverpool or Lorain can be challenging. The slow job growth, high unemployment rates, and reliance on declining industries can make it difficult to secure employment opportunities or advance their career.

The high income tax rates in Lorain can also be a financial burden, further adding to the stress of living and working in the area. It’s important to weigh your options carefully when considering a move to these areas.

It may be necessary to look outside the city for better job opportunities or consider living in surrounding areas with a more favorable economic outlook.

Conclusion

Ohio’s worst places for jobs pose significant economic challenges for residents. It’s important to consider the current job market, unemployment rates, reliance on declining industries, and income tax rates to make informed decisions about moving or seeking employment opportunities.

With careful consideration and research, Ohio residents can make decisions that will serve their financial future well and provide comfortable living and working conditions. Euclid –

Poor Performance in Overall Ranking Criteria and

High Unemployment Rate

Euclid ranks as the sixth worst place for jobs in Ohio, performing poorly in the overall ranking criteria and having a high unemployment rate. The city’s economic challenges have made it difficult for residents to find work and support themselves financially.

Poor Performance in Overall Ranking Criteria

Euclid performed poorly in the overall ranking criteria, indicating a struggling job market in the area. The city’s job growth has been slow, with a 0.1% decline over the past year.

Additionally, Euclid has a low median household income of $44,351, which is significantly lower than the state average of $54,533.

High Unemployment Rate

Euclid also has a high unemployment rate of 7.1%, adding to the economic stress on the city’s residents. High unemployment makes it challenging for job seekers to secure new positions and can negatively impact the overall economy.

These economic challenges mean that Euclid is a tough place to live and work. When considering moving to Euclid, it’s essential to understand the job market and the financial implications of living in the area.

Nelsonville –

Low Median Household Income and

Poor Recent Job Growth

Nelsonville is the seventh worst place for jobs in Ohio, with low median household income and poor recent job growth. Despite being situated in a historically rich mining area, the city has seen significant economic decline in recent years.

Low Median Household Income

Nelsonville’s median household income is $29,683, significantly lower than Ohio’s average of $54,533. The low median income means that residents have far less disposable income, making it challenging to pay for essentials, let alone extra activities or savings.

Poor Recent Job Growth

The job growth in Nelsonville has been slow, with a decline of -0.9% over the past year. This means that job prospects in Nelsonville are limited, with fewer job opportunities available to residents.

What This Means for Job Seekers

For those considering moving to Euclid or Nelsonville for work, it’s crucial to weigh the challenges presented by these areas. The poor performance in job growth, high unemployment rate, and low median household income create a difficult financial situation for residents.

It may be necessary to look outside of these areas for employment opportunities or plan for a more significant financial burden when living and working in Euclid or Nelsonville.

Conclusion

Ohio’s worst places for jobs present significant economic challenges for residents. When considering moving to these areas, it’s vital to consider the current job market, unemployment rate, and median household income to make informed decisions about your financial future.

By weighing your options, researching your prospects, and taking into account the current economic climate of these areas, you can make a more informed decision about where to work and live. Athens –

Lowest Household Median Income and

Poor Performance in Overall Ranking Criteria

Athens ranks as the eighth worst place for jobs in Ohio, with the lowest household median income in the state and poor performance in the overall ranking criteria. The city’s economic challenges have created difficulties for residents in terms of income and job opportunities.

Lowest Household Median Income

Athens has the lowest median household income in Ohio, with a median income of $19,793. This is significantly lower than the state average of $54,533.

The low median income means that residents in Athens have limited financial means, which can make it challenging to cover daily expenses, afford housing, or save for the future.

Poor Performance in Overall Ranking Criteria

Athens also performed poorly in the overall ranking criteria, indicating a struggling job market and limited economic opportunities in the area. The city’s job growth has been slow, with a decline of -0.3% over the past year.

This means that there are fewer employment opportunities available for job seekers in Athens. The combination of low household median income and poor performance in ranking criteria makes Athens a challenging place for job seekers.

It’s crucial to weigh these factors when considering a move to Athens and to plan accordingly for the financial challenges that may arise. Elyria –

High Unemployment Rate and

High Income Tax Rate

Elyria is the ninth worst place for jobs in Ohio, with a high unemployment rate and a high income tax rate. These factors contribute to the economic challenges faced by residents and can make it difficult to find work and manage finances effectively.

High Unemployment Rate

Elyria has a high unemployment rate of 10.7%, significantly higher than the state’s average of 8.3%. The high unemployment rate indicates the difficulty residents face in finding employment opportunities in the area.

This competitive job market adds another layer of challenges for job seekers.

High Income Tax Rate

In addition to the high unemployment rate, Elyria also has a high income tax rate, which can further burden residents financially. The income tax rate in Elyria is set at 2.85%, which can have a significant impact on residents’ incomes, especially for higher earners or those with multiple sources of income.

This financial burden may deter individuals from moving to or establishing businesses in Elyria.

What This Means for Job Seekers

For job seekers considering a move to Athens or Elyria, it’s important to understand the economic challenges that exist in these areas. The low household median income in Athens and the high unemployment rate in Elyria pose significant obstacles for job seekers and can make it difficult to secure employment or maintain a healthy financial status.

It may be necessary for job seekers to explore job opportunities outside of these areas or consider other locations in Ohio that offer better job prospects and a more favorable tax environment.

Conclusion

Ohio’s worst places for jobs present significant economic challenges for residents. Considering the lowest household median income in Athens and the high unemployment rate and income tax rate in Elyria, it’s essential to carefully evaluate your options and weigh the economic factors before making a decision to live and work in these areas.

By understanding the job market, income potential, and financial burdens associated with these locations, you can make an informed decision for a more stable and prosperous future.

Maple Heights –

Poor Performance in Unemployment Rate and

Relatively Solid Household Median Income

Maple Heights is the tenth worst place for jobs in Ohio, with poor performance in the unemployment rate and a relatively solid household median income. The city faces challenges in terms of job opportunities but has a comparatively stable income level for its residents.

Poor Performance in Unemployment Rate

Maple Heights has a high unemployment rate of 8.4%, indicating a difficult job market for its residents. The unemployment rate reflects the percentage of individuals actively seeking employment but unable to secure a job.

This high unemployment rate can make it challenging for job seekers in Maple Heights to find suitable employment opportunities and contribute to their financial well-being.

Relatively Solid Household Median Income

However, in contrast to its poor performance in the unemployment rate, Maple Heights has a relatively solid household median income. The median income in Maple Heights is $40,654, which is relatively stable and can provide residents with a firmer financial foundation compared to other locations on the list of worst places for jobs in Ohio.

This higher income can help offset some of the challenges posed by the high unemployment rate and may provide residents with more financial stability.

Detailed Stats for Ohio Jobs – Table of Worst Places for Jobs in Ohio

For a comprehensive overview of the worst places for jobs in Ohio, let’s take a closer look at the detailed stats and rankings for each location. The following table provides an analysis of the top ten worst places for jobs in Ohio, considering factors such as job growth, unemployment rate, and median household income:

| Ranking | City | Job Growth | Unemployment Rate | Median Household Income |

|———|—————–|————|——————|————————|

| 1 | Hillsboro | -6.1% | 9.2% | $35,356 |

| 2 | Cleveland | N/A | 10% | $31,817 |

| 3 | East Cleveland | N/A | 12.1% | N/A |

| 4 | East Liverpool | -4.2% | 19.3% | $31,916 |

| 5 | Lorain | N/A | 10.1% | $37,157 |

| 6 | Euclid | 0.1% | 7.1% | $44,351 |

| 7 | Nelsonville | -0.9% | 8.4% | $29,683 |

| 8 | Athens | -0.3% | 6.3% | $19,793 |

| 9 | Elyria | N/A | 10.7% | $43,689 |

| 10 | Maple Heights | N/A | 8.4% | $40,654 |

This detailed analysis allows us to better understand the specific challenges faced by job seekers in each of these locations.

It’s crucial to consider multiple factors when evaluating the job market and financial prospects of a specific area.

Conclusion

Ohio’s worst places for jobs vary in terms of unemployment rates, job growth, and median household income. While Maple Heights struggles with a high unemployment rate, its relatively solid household median income provides some stability for residents.

Understanding the economic landscape and specific challenges faced by job seekers in these areas is essential when considering relocation or employment opportunities. By considering a range of factors and conducting thorough research, individuals can make more informed decisions about their financial future in Ohio’s job market.

In conclusion, this article has shed light on the top ten worst places for jobs in Ohio, including Hillsboro, Cleveland, East Cleveland, East Liverpool, Lorain, Euclid, Nelsonville, Athens, Elyria, and Maple Heights. Through analyzing job growth, unemployment rates, and median household income, we have uncovered the economic challenges faced by residents in these areas.

Understanding the job market and financial implications is crucial for job seekers and individuals considering relocation. It is vital to weigh the pros and cons of each location and seek opportunities in areas with better job prospects and a more favorable economic outlook.

By making informed decisions, residents can create a more stable and prosperous future for themselves and their families.

Popular Posts