American Recovery and Reinvestment Act

    Ohio’s “Recovery” Due to Shrinking Labor Force

    By: Jason Hart (Diary)  |  October 29th at 11:30 AM  | 

    Ohio’s unemployment rate paints a misleading picture of the state’s economy, an Opportunity Ohio report and separate Media Trackers analysis reveal. The unemployment rate reported by the U.S. Bureau of Labor Statistics (BLS) dropped from 10.6 percent in July 2009 to 7.2 percent in August 2012, but the change resulted from a shrinking labor force as opposed to strong job growth.

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