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Ohio Unemployment 7.2%

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Pacman View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Pacman Quote  Post ReplyReply Direct Link To This Post Topic: Ohio Unemployment 7.2%
    Posted: Aug 15 2008 at 2:42pm

Anyone have a reason for Ohios high unemployment rate?  Last I checked they were ranked the 45th highest state for unemployment, may be 50th with this rate.

Ohio unemployment jumps to 7.2 percent in July

By William Hershey

Staff Writer

Friday, August 15, 2008

COLUMBUS — Unemployment in Ohio jumped again in July to 7.2 percent, up from 6.6 percent in June........................

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Post Options Post Options   Thanks (0) Thanks(0)   Quote Middletown News Quote  Post ReplyReply Direct Link To This Post Posted: Aug 15 2008 at 4:34pm
Wow that is bad news. And with the auto plant problems, it could get worse for Ohio. Time to attract new business with low taxes and a business friendly treatment by the State.
 
You can only do so much locally.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Pacman Quote  Post ReplyReply Direct Link To This Post Posted: Aug 15 2008 at 5:18pm
Unfortunately Jonathan this almost guarantees higher taxes for the employer in the form of Unemployment taxes going up.  Your right though the State needs to wake up also and make some positive moves.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote spiderjohn Quote  Post ReplyReply Direct Link To This Post Posted: Aug 16 2008 at 8:28am
well--according to a few, it must be Bill Murphy's fault.
 
I can see it climbing highjer this fall and winter.
More big co.layoffs and closings are immenent.
DHL?
auto?
I hear that AK has NO orders on the horizon, and could have a very difficult next few quarters.
 
But we will have a new choke plant to darken the air for decades.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote VietVet Quote  Post ReplyReply Direct Link To This Post Posted: Aug 16 2008 at 9:24am
Jonathan-" you can only do so much locally"- The surrounding communities seem to be doing alright in attracting businesses and job opportunities. ( except Middletown, of course) It is documented in numerous Journal stories that Southwest Ohio is one of the most active areas of the state for new job growth and development.(except Middletown, of course).
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Post Options Post Options   Thanks (0) Thanks(0)   Quote VietVet Quote  Post ReplyReply Direct Link To This Post Posted: Aug 16 2008 at 9:29am
Spider- Darn right it's all Murphy's fault!
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Pacman Quote  Post ReplyReply Direct Link To This Post Posted: Aug 16 2008 at 9:50am
Spider I agree the immediate future for Ohio employment stats looks bleak. 
 
What happens to AKSteel if the Auto industry starts to look to alternative materials to reduce the weight of the automobile to improve gas mileage?  Is AKSteel Steel used in other products?
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Mike_Presta Quote  Post ReplyReply Direct Link To This Post Posted: Aug 16 2008 at 10:49am
Pacman:
In a word, yes!
See the other applications (especially for electrical steels) here:
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Pacman View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Pacman Quote  Post ReplyReply Direct Link To This Post Posted: Aug 16 2008 at 11:02am
Is what is produced in Middletown mainly used for Autos or Autos and the other applications?
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Post Options Post Options   Thanks (0) Thanks(0)   Quote spiderjohn Quote  Post ReplyReply Direct Link To This Post Posted: Aug 16 2008 at 12:10pm
factor in the Graphics layoffs noted in today's MJ.
more locals losing decent employment and bennies.
 
At least the Douglas Park splash pad opened(a few days b4 school is 2 start!)
Still--better than not at all.
 
Auto downsizing
manufacturing downsizing
mortgage crunch continues full force and the credit card debacle is not going away.
Time for a payday quick loan maybe?
 
So--where is this great governor Strickland and his idea team?
should make 4 an interesting winter!
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Pacman Quote  Post ReplyReply Direct Link To This Post Posted: Aug 16 2008 at 1:18pm
Splash Pad.....hehehehehe funny when I was a kid every yard had their own splash pad.  It was called a hose.
Some%20garden%20hoses%20contain%20toxic%20danger
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Post Options Post Options   Thanks (0) Thanks(0)   Quote VietVet Quote  Post ReplyReply Direct Link To This Post Posted: Aug 16 2008 at 3:13pm
Hey Spider- Since you decided to mention the "great governor" Strickland, let's go ahead and mention what was going on the last 8 years under the Repubs Taft. Let's mention Ney(just released the other day), coingate and others to be fair about it. Give Strickland the same amount of time we gave Taft to judge whether he screwed up or not. Fair enough? I believe downsizing has occured under the Repubs also. I, personally , have been involved in three downsizings since 1994. It's not a new thing as companies continue to adjust their workforce and cut deadwood. And, as a sidenote- the Graphics layoffs are Murphy's fault too.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote VietVet Quote  Post ReplyReply Direct Link To This Post Posted: Aug 16 2008 at 3:22pm
Fiberglass bodies- Urethane bumpers and exterior door panels to reduce weight and to create non-rust parts. More plastic in cars than ever before.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote HereIam Quote  Post ReplyReply Direct Link To This Post Posted: Aug 21 2008 at 9:16am
Here is an eye opener.  According to Forbes this morning, of the fastest dying cities in the USA, Ohio has 4 of the top 6!  Here is the link to the full article.
 
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