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Thursday, September 21, 2023 |
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Ohio Unemployment 7.2% |
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Pacman 
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Joined: Jun 02 2007 Status: Offline Points: 2612 |
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 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 JulyFriday, 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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Middletown News
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Joined: Apr 29 2008 Location: United States Status: Offline Points: 1100 |
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Posted: Aug 15 2008 at 4:34pm |
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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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Pacman
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Posted: Aug 15 2008 at 5:18pm |
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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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spiderjohn
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Joined: Jul 01 2007 Location: United States Status: Offline Points: 2749 |
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Posted: Aug 16 2008 at 8:28am |
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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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VietVet
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Joined: May 15 2008 Status: Offline Points: 7008 |
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Posted: Aug 16 2008 at 9:24am |
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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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VietVet
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Posted: Aug 16 2008 at 9:29am |
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Spider- Darn right it's all Murphy's fault!
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Pacman
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Posted: Aug 16 2008 at 9:50am |
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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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Mike_Presta
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Posted: Aug 16 2008 at 10:49am |
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Pacman:
In a word, yes!
See the other applications (especially for electrical steels) here:
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Pacman
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Posted: Aug 16 2008 at 11:02am |
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Is what is produced in Middletown mainly used for Autos or Autos and the other applications?
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spiderjohn
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Posted: Aug 16 2008 at 12:10pm |
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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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Pacman
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Posted: Aug 16 2008 at 1:18pm |
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VietVet
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Posted: Aug 16 2008 at 3:13pm |
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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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VietVet
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Posted: Aug 16 2008 at 3:22pm |
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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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HereIam
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Joined: Oct 29 2007 Location: United States Status: Offline Points: 108 |
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Posted: Aug 21 2008 at 9:16am |
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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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