Record-breaking Economy: Ohio's Job Market Soars, Bay Area Slows, Massachusetts Thrives

1 min read
Source: The Columbus Dispatch
Record-breaking Economy: Ohio's Job Market Soars, Bay Area Slows, Massachusetts Thrives
Photo: The Columbus Dispatch
TL;DR Summary

Ohio's economy achieved two records in July, with the unemployment rate dropping to a record low of 3.3%, the lowest since data collection began in 1976, and breaking a 23-year-old record. The state added 12,100 jobs, reaching a total employment of 5,639,200, surpassing the previous record set in May 2000. The job gains were led by the private education and health care sector, while the finance and trade sectors experienced job losses. Ohio's unemployment rate remains below the national rate, and the state has added a total of 89,200 jobs over the past year.

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