Columbus, OH – Rea S. Hederman Jr., executive director of the Economic Research Center and vice president of policy at The Buckeye Institute, commented on the newly released jobs report from the Ohio Department of Job and Family Services.

“In July, Ohio’s job market continued to set records, with unemployment falling from 3.4 to 3.3 percent, and for the third straight month, Ohio has a lower unemployment rate than the national average. While the labor force participation rate did fall by a tenth to 62.1 percent, Ohioans continue to find jobs. 

“Ohio employers reported adding 6,800 private-sector jobs in July, making it more likely that last month’s reported job decline was statistical noise. The good news is that Ohio employers have consistently added new jobs throughout 2023, making this the strongest job market year in Ohio’s history, and both surveys used to measure the strength of the job market reported their best metrics since the creation of the surveys. 

“Ohio workers are reaping the rewards of effective, pro-economic growth policies that The Buckeye Institute has championed. Policymakers cut taxes for workers and businesses and are rolling back regulations that block growth. These policies are helping small businesses prosper and will continue strengthening Ohio’s job market.”

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