Better days may be on the horizon
On the surface, the dip in the Seneca County jobless rate in July sounds positive. The unemployment rate was 7.6 percent, a drop from the 7.8 percent reported for June, according to figures from the Ohio Department of Job and Family Services.
A closer look, though, revealed something else. While the number of unemployed people fell by 100 from June to July, the number of people working fell, also – by 300.
Yet the jobless rate dipped because the workforce fell by 400 people.
But better months may be on the horizon. Jacobson Manufacturing has plans to add 40,000 square feet of space to its Tiffin facility and add 21 jobs when the expansion is finished.
Other local factories are finishing expansion projects, too, meaning more people should be put to work.
Also, retail business in Tiffin continues to improve. Ballreich Bros. Inc. plans to open a retail outlet, and stores constantly are opening in downtown and in the west side shopping district. And watch for work to begin on a major makeover at a location on West Market Street.
And thousands of college students are returning to Tiffin University and Heidelberg University, meaning the local economy should get another boost.
As these developments come to fruition, hopefully Seneca County will see the number of jobless drop, the number of employed rise and the workforce grow.