News reports around the recently June employment figures have focused on Ohio’s loss of 12,5000 jobs, an Innovation Ohio Education Fund analysis released this morning points to a more disturbing, long-term trend. Over the course of the last year, employment gains have nearly stalled and Ohio has fallen behind nearly every other state in job creation.
Ohio ranks 47th nationally in job growth over the last 12 months – only Wyoming, Main, and Alaska performed worse;
In the last year, Ohio’s economy only added 16,000 new jobs – a growth rate of only 0.3 percent;
Over the past 12 months, Ohio added jobs at just one-seventh the rate it did the year earlier.
Despite aggressive cheerleading to convince Ohioans otherwise, the data hardly show the “Ohio miracle” that Governor Kasich likes to talk about.
Read the analysis here.
Read the press release.