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Ohio Unemployment 7.2%

Printed From: MiddletownUSA.com
Category: Outside World
Forum Name: News, Info and Happenings outside Middletown
Forum Description: It might be happening outside Middletown, but it affects us here at home.
URL: http://www.middletownusa.com/forum/forum_posts.asp?TID=514
Printed Date: Jun 17 2024 at 1:01pm


Topic: Ohio Unemployment 7.2%
Posted By: Pacman
Subject: Ohio Unemployment 7.2%
Date 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........................




Replies:
Posted By: Middletown News
Date 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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Posted By: Pacman
Date 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.


Posted By: spiderjohn
Date 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.


Posted By: VietVet
Date 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).


Posted By: VietVet
Date Posted: Aug 16 2008 at 9:29am
Spider- Darn right it's all Murphy's fault!


Posted By: Pacman
Date 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?


Posted By: Mike_Presta
Date Posted: Aug 16 2008 at 10:49am
Pacman:
In a word, yes!
See the other applications (especially for electrical steels) here:
http://www.aksteel.com/markets_products/default.asp - http://www.aksteel.com/markets_products/default.asp


Posted By: Pacman
Date Posted: Aug 16 2008 at 11:02am
Is what is produced in Middletown mainly used for Autos or Autos and the other applications?


Posted By: spiderjohn
Date 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!


Posted By: Pacman
Date 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 http://images.google.com/imgres?imgurl=http://media.komonews.com/images/070713_kids_with_hose.jpg&imgrefurl=http://www.komonews.com/news/consumer/8500792.html&h=240&w=320&sz=43&hl=en&start=9&sig2=CDYLhmjIkuLzQdRMaVFAjw&um=1&tbnid=oz9-4y87QPazEM:&tbnh=89&tbnw=118&ei=TQynSMipLJCeiwGGxrH0DA&prev=/images%3Fq%3Dkids%2Band%2Bhose%26um%3D1%26hl%3Den%26rls%3Dcom.microsoft:en-us%26sa%3DN -


Posted By: VietVet
Date 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.


Posted By: VietVet
Date 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.


Posted By: HereIam
Date 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.
 
http://realestate.msn.com/Buying/Article_forbes.aspx?cp-documentid=9579218&GT1=35000 - http://realestate.msn.com/Buying/Article_forbes.aspx?cp-documentid=9579218&GT1=35000



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