What's Happened to Ohio's Manufacturing Jobs?
Although the current business expansion has spawned a resurgence in Ohio manufacturing, fewer factory jobs are being created than in previous growth periods. In examining components of Ohio’s net rnanufacturing employment change through three recent periods, the author finds that while job losses from plant closings have remained constant, a lower percentage of jobs have been created from business openings. The slowdown in new job creation has come primarily from large firms.
The views authors express in Economic Commentary are theirs and not necessarily those of the Federal Reserve Bank of Cleveland or the Board of Governors of the Federal Reserve System. The series editor is Tasia Hane. This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License. This paper and its data are subject to revision; please visit clevelandfed.org for updates.