As 36 other states gained jobs, Ohio led the nation in job losses
COLUMBUS – This morning, the U.S. Department of Labor’s Bureau of Labor Statistics released the July regional and state jobs report showing where Ohio fits in with the rest of the country. After losing nearly 3,000 jobs in May, July’s report showed Ohio lost 12,400 jobs overall with 2,900 jobs lost in manufacturing. While 36 other states created jobs, Ohio had the largest number of jobs lost in the country.
In response to today’s latest economic data, Ohio Democratic Party Chairman Chris Redfern released the following statement:
“While the country as a whole has more jobs than it did before the recession, Ohio under John Kasich has not regained the jobs it lost in recession. In fact, we have less jobs today than we had in April. Kasich campaigned for governor on a promise that he’d make Ohio an economic leader. Instead, Ohio’s lagging behind under Kasich while the rest of the nation surges ahead.”
WHAT OTHERS HAVE BEEN SAYING ABOUT OHIO’S LAGGING ECONOMY:
After calling the jobs report “disappointing,” “July 2014 was the 21st consecutive month when Ohio’s job growth was slower than the U.S. national average, with the gap between Ohio’s rate and the U.S. rate increasing in July.” – Economic Research Analyst George Zeller. [Source: Cleveland Plain Dealer (8/15/2014), “Ohio lost 12,400 jobs in July: Unemployment rate up to 5.7%.”]
“About the only thing that’s made the numbers look good at all is the decline is the decline in the labor force.”—Economist Bill LaFayette, owner of economic consulting firm Regionomics. [Source: Columbus Dispatch (8/16/2014), “Blip or start of a trend? Jobless rate rises to 5.7%.”]
“Ohio hasn’t had the big rebound like other states.”—Michael Wolf, an economist with Wells Fargo & Co. [Source: Columbus Dispatch (6/21/2014), “Ohio's jobless rate of 5.5% lowest since April 2007.”]