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Greater Cincinnati sees sluggish job growth in 2024

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Greater Cincinnati sees sluggish job growth in 2024

As 2024 winds to a close, job creation in Greater Cincinnati is on track to notch its slowest year since the pandemic. The region created a net total of 4,100 new jobs, a tepid increase of just 0.4%, according to data from the U.S. Bureau of Labor Statistics. The local growth rate lagged the state of Ohio, which had been slower to recover from the COVID-19 downturn.

Cincinnati job losses in two sectors – professional and business services (including workers such as lawyers, accountants and marketing representatives, etc.) and financial activities (banking, insurance and real estate) – nearly offset gains elsewhere.

Leading local job creators were the education and health sector (private-sector instructors, nurses, heath aides) as well as leisure and hospitality (restaurant and hotel workers) and government (federal, local and public school district workers).

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