A new report reveals that Cleveland's employment levels have not fully recovered since the start of the pandemic, making it one of the slowest-recovering large metropolitan areas in the United States.
Four years after the onset of the COVID-19 pandemic, Cleveland continues to grapple with a sluggish job recovery , ranking among the slowest in large metropolitan areas across the United States, according to a recent report from the Federal Reserve Bank of Cleveland . The report, which analyzes data from the U.S.
Bureau of Labor Statistics, reveals that the Cleveland metropolitan area, encompassing Cuyahoga, Geauga, Lake, Lorain, Medina, and Ashtabula counties, experienced a mere -1% change in employment from February 2020 to March 2024. This stagnation in employment growth underscores the city's ongoing struggle to regain the economic momentum lost during the pandemic. The slow recovery in Cleveland contrasts with the national trend, where many large cities have witnessed a more robust rebound in their job markets. This disparity highlights the unique challenges faced by Cleveland's economy, potentially stemming from factors such as industry concentration, geographic limitations, or lingering effects of the pandemic's social and economic disruptions. As the city moves forward, addressing these underlying issues will be crucial to fostering a sustainable and inclusive recovery that benefits all residents
CLEVELAND ECONOMY COVID-19 JOB RECOVERY EMPLOYMENT
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