The Trump Administration continues to navigate the CHIPS Act in ways that would have even the riskiest gambler saying, “too rich for my blood.” Most recently, the president rolled the dice on Intel by converting a CHIPS grant into a 10% equity stake in the corporation. In exchange, Intel received $5.7 billion in CHIPS Act grants that […]| Policy Matters Ohio
Seasonally adjusted data released today by the Ohio Department of Job and Family Services (ODJFS) show that Ohio gained 9,900 jobs in August, from a downwardly revised 5,720,300 jobs in July to 5,730,200 in August. The state’s unemployment rate remained steady at 5.0% – among the worst rates in the nation. Inflation increased to 2.9%, […] The post Moderate job growth in August, Ohio unemployment holds steady appeared first on Policy Matters Ohio.| Policy Matters Ohio
In honor of Policy Matters Ohio’s 25th anniversary, our annual Labor Day lookback at key economic indicators also looks back at the last 25 years, finding that Ohio workers are still struggling “For decades, federal and state policymakers have prioritized ‘business-friendly’ policies and trickle-down tax codes, benefiting the wealthiest among us,” said Heather Smith, researcher […]| Policy Matters Ohio
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
