Targeted Employment Area: Lorain County, Ohio

Created on 8/17/2017 9:50:59 AM (GMT)(GMT)

UPDATE: The Bureau of Labor Statistice release 2016 unemployment averages for Lorain County in April.

The sections below outline two sets of Local Area Unemployment Statistics (LAUS) for Lorain County Ohio and the EB-5 program. The ACS 5-Year is from the American Community Survey and the more recent data provided by the project's city, Lorain County, Ohio to the Bureau of Labor Statistics. In the report below, if the "Qualifies" column indicates "Yes" , then Lorain County qualifies by either the ACS or the BLS (or both). Please note that if the ACS data qualifies and the more recent BLS data indicates does not, there is an indication that employment conditions are improving and that a project in Lorain County may not be granted a designation letter -- or depending on project type, target areas, and Ohio requirements, an EB-5 project may considered by either ACS or BLS unemployment rate during the approval processes.

Lorain County Ohio Employment Status

Source County FIPS Population Labor Force Employed Unemployed Unemployment Rate Qualifies
ACS 39093 241,620 151,906 138,469 13,437 8.8% Yes
BLS 39093 n/a 150,470 141,573 8,897 5.9% No

Supporting EB-5 Regional Centers

These EB-5 Regional Centers can assist you for projects in Lorain County Ohio. We have a growing network of EB-5 companies and professionals who are ready to assist you. Please contact us so that we may guide prior to engaging a centers who support Lorain County.

Lorain County, Ohio

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