Unemployment Rate Drops Again In Mentor & Lake County

The city's unemployment rate has dropped to its lowest point since November 2007

The city of Mentor's unemployment rate has dropped to its lowest point since November 2007.

The city's rate in October was 4.5 percent -- down from 5.1 percent in September and 5.3 percent in August, according to the Ohio Department of Job & Family Services.

By comparison, the Mentor's unemployment rate was 5.4 percent in October 2011.

Meanwhile, Lake County's unemployment rate dropped from 5.7 percent in September 2012 to 5.1 percent in October.

During the same span of time, the state of Ohio's unemployment rate dropped from 6.5 to 6.3 percent.

The city of Mentor still has the lowest unemployment rate for any city in Ohio with a population of 50,000 or more. Overall, it is the second lowest overall (behind Dublin) for any of the 65 cities for which the state calculates its unemployment rate.

Mentor's unemployment rate peaked in January and February of 2010 at 8.7 percent.


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