Daily Feature, July 19, 2013
Ohio reverses positive jobs trend, records second worst in U.S.
The Unemployment rate in Ohio increased from 7.0% to 7.2% in June, and Ohio continues to struggle to improve our economy. Tax cuts in 2005 have not been helpful to Ohio’s recovery, and the recently passed tax cuts are more of the same failed policies. Hannah Halbert from Policy Matters Ohio says, “The bigger concern from today’s data is that Ohio has added only 16,000 jobs over the last twelve months (June 2012- June 2013), a very slow 0.3 percent growth rate.”
“After leading the nation in job creation in May, Ohio in June lost more jobs than every state except Tennessee, according to data released Thursday by the U.S. Bureau of Labor Statistics….READ MORE HERE