JobWatch August 2005

The Ohio job market showed some bounce last month, as employment increased to its highest level since October 2002, according to the latest seasonally adjusted payroll numbers issued Aug. 19 by the Ohio Department of Job & Family Services. However, nonfarm wage and salary employment still remains well below where it was when the recession began in March 2001. If Ohio employment were to continue growing at the same rate that it has so far this year, it would take more than four and a half years to regain the job losses since the recession began.