CINCINNATI ECONOMIC OVERVIEW Cincinnati, Ohio continues to see steady economic growth amid an ever-improving business landscape. During 2019, Cincinnati businesses created 4,989 jobs and the City ended the year with a 3.3% unemployment rate.
The COVID-19 pandemic proved to be a difficult time for cities around the country, but Cincinnati quickly bounced back from 14.1% unemployment in April 2020, to 4.7% in December 2020. Cincinnati businesses created over 3,700 new jobs in 2020.
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UNEMPLOYMENT RATES
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Riverside California
52 NEIGHBORHOODS *Source: Ohio Department of Job and Family Services Bureau of Labor Market Information
2019-2020 ANNUAL REPORT 5
