Ohio added just 7,600 jobs in April, nowhere near the growth needed to fix Ohio’s slow-growth economy. The state needs 235,000 jobs just to make up for losses in the last recession. If the current job growth rate becomes Ohio’s new normal, the state is in deep trouble.
From June 2005, when the tax-cut phase-in began, to March 2013, Ohio lost 4.4 percent of its jobs, while the U.S. as a whole added 1.2 percent. During this period, Ohio has seen the fourth-worst job growth among states, losing 238,000 jobs.
By implementing a demand-driven model in mid-2010, Employment Connection, the workforce-training agency for Cleveland and Cuyahoga County, has greatly improved the services it provides to local firms and workers. Download summary (2 pgs)Download reportPress release Executive summary Employment Connection is the combined workforce delivery system for the city of Cleveland
The revised data suggests that the slowing trend is continuing, with only 5,600 jobs added since July. The same time period in 2011 showed an increase of 49,300 jobs.
This proven layoff aversion tool increases the flexibility of the unemployment compensation system by allowing employers to shorten the workweek of a larger number of employees instead of laying-off a smaller number entirely. The workers would make up some of their lost income with a partial payout of unemployment benefits.
Today’s numbers show the precarious state of the economic recovery in Ohio. The drop in unemployment was caused as much by a shrinking labor force as by a decline in joblessness.
Ohio’s job market is moving in the right direction, but the state still has a long way to go, and inaction at the federal level could put our recovery in jeopardy.
“Congress should continue federal support for Unemployment Compensation benefits to avoid the loss of income for tens of thousands of Ohioans and the negative effects that would have on their families and communities.” Hannah Halbert, policy liaison Press releaseDownload report After a mixed September report, data from two separate surveys
At the rate of growth seen over the last 12 months in Ohio, it will take nearly three years to generate the additional 243,200 jobs needed to return our state to pre-2007 recession levels of employment.
Trade adjustment assistance is a lifeline that gives dislocated American workers the best chance of getting retraining and finding a new, quality career.
Hannah Halbert “[This worrying trend] suggests that the recent job gains are not enough to bring discouraged workers back into the workforce,” said Hannah Halbert, policy liaison Press releaseDownload PDF After an early summer of improved job growth, data from two separate surveys released by the Ohio Department of Job
Data released today from the American Community Survey show a solid increase in health insurance coverage for Ohio’s young adults, an initial benefit of the federal Affordable Care Act.
