• Ohio’s unemployment dropped to 3.4% in June, marking the lowest unemployment rate since 1976 for the third straight month.
  • Ohio’s labor force participation rate remained at 62.1% last month, compared to 62.6% nationally.
  • Ohio manufacturing lost 3,000 jobs in June.
• This map shows the job quit rates in all 50 states.
• The Biden administration wants to force health insurers to create coverage parity between mental and physical health care. (This as employer health care costs were already expected to increase 5.4% this year.)
• OMA Connections Partner GBQ Partners has published this guidance on selecting a qualified auditor for your employee benefit plan.
• A new survey finds 74% of managers say Gen Z — born between the mid-1990s and early 2010s — is the most challenging generation to work with. One in eight managers say they’ve fired a GenZer within a week of his/her start date.
• U.S. immigration officials have made changes to the I-9 employment verification process, including increased flexibility for E-Verify. See guidance from OMA Connections Partners Dinsmore and Fisher Phillips.

Meanwhile, by 2031, workers 55 and older will comprise 25% or more of the workforces in G7 countries — including the U.S. — a new study finds. That’s up 10% from a decade ago. 7/27/2023