Press Releases

The Buckeye Institute commented on Ohio’s newly released jobs report, saying, “Ohio’s job market continued to see mostly strong growth in May with the unemployment rate falling to 3.9 percent…while workers continued to return to the job market, driving Ohio’s labor force participation rate to 62 percent… However, recent economic news has been grim, with inflation spiking to 40-year highs and the Federal Reserve raising interest rates to a nearly 30-year high.”

The Buckeye Institute commented on Ohio’s newly released jobs report, saying, “In the first four months of 2022, the labor market has added more than 50,000 jobs, reducing the jobs deficit to almost 90,000 when compared to February 2020. If Ohio maintains this pace of job growth, it will erase the pandemic jobs deficit this year. However, national signs, including a lackluster April jobs report and growing inflation, raise serious concerns as to whether Ohio will be able to maintain this pace of growth.”