Governor Kasich was recently asked in a Cincinnati Business Courier interview “What’s your best elevator speech to a CEO on why to move to Ohio?” Rather than note the actual people of Ohio and their tremendous talent and work ethic, the Governor said the following: “First is location. We’re within 600 miles of 60 percent of the country, and that’s a big deal. Secondly, we’re stable. We have very strong finances. We’re running surpluses. We’re cutting taxes. And we also are engaged in workforce development.”
Ohio Has Second Highest Increase in Unemployment Claims
This week, multiple indicators have shown that Ohio’s economy is stalling. Ohio had the second largest increase in initial unemployment compensation claims last week. For the second month in a row, the state reported revenues coming in below estimates by the Kasich administration.
Today, Governor Kasich relaunched the OhioMeansJobs website (after previous launches were critiqued for sending Ohio job seekers to out-of-state job listings). What the Governor failed to mention at the announcement was that, this week alone, his tax schemes have been criticized for failing to free up funds for job creation and causing many business owners to pay additional taxes.
In April, more Ohioans gave up looking for work than found jobs. Just 12,600 Ohioans became employed, while 14,000 job searchers dropped out of the labor force all together – 2,800 jobs were also lost in the education and health services. [Ohio Department of Jobs & Family Services, 5/16/2014.