Where does the data for JobWatch come from? Policy Matters’ JobWatch data comes from the Ohio Dept. of Job and Family Services’ (ODJFS) Ohio Labor Market Information resources, in particular the Ohio and U.S. Employment Situation data and Nonagricultural Wage and Salary Employment Estimates. ODJFS releases these data monthly, derived from the Bureau of Labor […] The post BLS jobs report on pause during government shutdown: What that means for JobWatch appeared first on Policy Matters Ohio.| Policy Matters Ohio
Between February 2020 and June 2022, the U.S. labor market experienced the deepest downturn on record followed by the fastest recovery in at least a century. The COVID-19 pandemic disrupted every corner of the economy, forcing massive shutdowns and triggering record job losses across all industries. Yet, in just two years, the labor market rebounded […]| Eye On Housing
As the pipeline dries up, 83% of senior leaders report a talent shortage this year, up from 70% in 2022, with 10% this year saying it's worsening.| Accounting Today
Ohio employers added 5,400 jobs in July. The state’s unemployment rate ticked up 0.1 percentage points to 5.0%, after holding at 4.9% for three consecutive months – among the worst rates in the U.S. Inflation hovered at 2.7%, no change from June. The takeaway: Ohio saw job growth for a second month in a row, […]| Policy Matters Ohio
Ohio employers gained 10,400 jobs in June. This is a return to trend, following job losses in May. Statewide unemployment remained unchanged at 4.9%, 0.8 percentage points higher than the national rate in June. At the same time, inflation ticked up for the second month in a row after falling for several consecutive months, rising […]| Policy Matters Ohio