Following Ohio’s shocking unemployment rate increase of 2,565 percent, one economist says the COVID-19 coronavirus’ economic impact will be “long lasting” and provides a list of recommendations.
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An economic expert says Ohio’s latest unemployment data show 2019 was the slowest year for new jobs in a decade — and the state lagged behind the nation in creating new jobs.
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The question has to be asked: With such high unemployment in the state, is JobsOhio more concerned with growing its bureaucracy or with creating jobs in the private sector?
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While new jobs numbers released for the United States show an increase of 164,000 jobs added nationally in July – continuing a record breaking 106 consecutive month trend – Ohio’s rate of job growth at 1,500 for June sits behind 21 other states by comparison.
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by Bethany Blankley State government must reduce or hold its spending to match the growth in inflation and population to reverse employment plight and economic stagnation, The Buckeye Institute says in its updated brief, “Sustaining Economic Growth: Tax and Budget Principles for Ohio.” It argues, “Policymakers must be wary about increasing…
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