DAYTON, Ohio (AP) – A new report says Ohio workers are more productive and better educated, but they aren’t necessarily making more money as a result.
Ohio productivity grew by nearly 67 percent between 1979 and 2013, while median hourly wages fell by 1.1 percent when adjusted for inflation. That’s according to a recent analysis of jobs data from Policy Matters Ohio, a Cleveland-based economic think tank.
Ohio’s median wage was $15.81 last year, slightly above 2012 but well below the highs of $17.11 and $17.12 in 1999 and 1979. The report says Ohio’s median wage is now nearly 90 cents less per hour than the national median.
Economists tell the Dayton Daily News (http://bit.ly/1oCnMLq ) that much of the productivity improvement in recent years has been driven by technology, which requires fewer workers.
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