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Ohio self-employment at lowest level since '01

Feb. 28, 2013 @ 11:52 PM

DAYTON, Ohio — Ohio's number of self-employed residents is at its lowest level since 2001, and its rate of self-employed workers is among the lowest in the nation, according to an analysis of recent economic data.

Only about 5.6 percent of Ohio's more than 5.5 million workers are self-employed, which is a lower rate than all but eight other states, the Dayton Daily News reported Thursday. The data analyzed by the newspaper show Delaware with the lowest share of self-employed workers at 4.1 percent, with Vermont having the highest at 10.4 percent.

The number of Ohioans going into business for themselves has declined partly because traditional self-employment industries such as construction and real estate were devastated by the recession and have been slow to recover, according to the newspaper.

Some economists also say the state's economy and job growth is concentrated in fields that are not ideal for self-employment.

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