Friday, October 27, 2006
Jobs picture a la Policy Matters Ohio
From the good folks at PMO, a group that does a great job of staying on top of this stuff:
Employment in Ohio continues to trend slightly downward, according to seasonally adjusted payroll numbers for nonfarm wage and salary jobs released Oct. 24 by the Ohio Department of Jobs and Family Services (ODJFS). The number of jobs in Ohio has declined by 10,000 since its recent peak in May.
Since June of 2005, when an overhaul of state taxes was signed into law with the intent of creating jobs, employment in Ohio has grown by 28,600 jobs, or a rate of 0.5 percent. During the same period, the nation added 2.2 million jobs, for a growth rate of 1.7 percent.
. . .
Ohio employment remains 137,000 jobs, or 2.5 percent, below the job base of March 2001, when the last recession officially started. Ohio is one of just eight states that have lost jobs since the recession began.