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U.S. employers added 315,000 jobs in August, opening the door to another super-sized interest rate hike when Fed policymakers meet at the end of September.
Even as demand for workers remains strong, cracks are starting to appear in Ohio's economy, with some companies starting to cut staff.
Purchases of new homes in the U.S. fell even more than expected in July as record-high home prices and rising borrowing costs priced buyers out of the market.
Ohio's unemployment rate remained near all time lows in June despite losing 11,300 jobs last month.
Iowa's unemployment low comes 26 months after the brief but severe recession that followed COVID-19 lockdowns.