- September 3, 2013
Stuck — Labor force participation in Ohio was at a 33-year low at the end of 2012, job growth since 2005 was fourth worst among states, and wages inched up just a penny from already-low levels. Described by the The Toledo Blade as “indispensable,” the latest edition of our annual State of Working Ohio report shows what a tough labor market we’re facing.
The Akron Beacon Journal also based an editorial on the report, concluding: “Gov. Kasich and his Republican allies promise better days, arguing mainly that reductions in state income taxes will generate economic activity and job creation. Tax rates soon will be nearly one-third lower than a decade ago, and the governor talks about wanting to take the rates even lower. Unfortunately, there is little evidence to suggest such a course will make much of a difference.”
Changes that will put Ohioans back to work and get our state out in front of the demands of a changing economy:
- Invest in education, from cradle to retirement. States that are increasing educational investments are also doing a better job of increasing their wages.
- Retrofit Ohio for the new energy economy. Doing so will create jobs now, save money later, and reduce climate change.
- Restore public jobs. This smart countercyclical move will boost the economy and improve public services, positioning our families and communities better for the future.