Thousands of Ohioans fail to take advantage of tax break and forgo an average of $1,700 When taxpayers turn in the last of their income tax payments tomorrow, more than 700,000 Ohio families are likely to have filed for the Earned Income Tax Credit (EITC). These credits, averaging $1,700 apiece,
Government Data Attributes 45,734 Lost Jobs Directly to International Trade Although trade advocates argued that the North American Free Trade Agreement (NAFTA) and other trade agreements would add jobs to the U.S. economy, 45,734 Ohio jobs lost between 1995 and October 2003 can be directly traced to international trade. A
From March to November 2001, the United States was officially in a recession, with declining economic growth. Since then, the national recession has been declared over, but many economic indicators remain troubling for Ohio and the nation. This 2003 edition of The State of Working Ohio examines Ohio’s economy, with
With a projected $4 billion gaping hole in the state budget, Ohio desperately needs revenue. Basic services — education, home care for senior citizens, child care that we vowed to provide poor families when we ended welfare — are at stake. The state must raise taxes, and it must do
The federal Earned Income Tax Credit provides a tax credit of up to $4204 to working families who earn less than $33,000. The credit enjoys wide bipartisan support because of its proven record in helping to reduce poverty, reward work, provide tax relief, stimulate the economy and meet basic expenses
Pink Collar Work: Gender And Wages In Ohio details ways in which the gender wage gap has narrowed and women workers have made income gains over the last two decades. Despite a 10.3 percent increase in Ohio’s median female wage, women still only earn 76 cents to every dollar earned
Foreclosure filings with the Ohio Supreme Court have risen 155 percent since 1994, while sheriff sales (final auctions of a foreclosed homes) increased 200 percent across Ohio between 1994-96 and 2001. This accelerated home loss coincides with the subprime lending industry’s explosive growth in Ohio, and increased predatory lending. A
CLEVELAND – The writer is executive director of Policy Matters Ohio, a policy research institute in Cleveland, funded primarily by the George Gund Foundation. Observers across the political spectrum worry about Ohio’s shameful levels of higher education. We rank 39th among the states in the percentage of adults who can
The departure of economic development director Chris Warren has left Cleveland with big shoes to fill. We must consider carefully the skill, philosophy, vision and commitment that a new director should bring to our city. The economy of the Cleveland metropolitan area drives the economy of Northeast Ohio region and
As Cleveland Mayor Jane Campbell confronts her third month in office, the challenges of the job are more apparent than ever. But as she deals with the daily details – in budgets, personnel, technology – Campbell must not forget that it was her commitment to people and fresh ideas that
Amy Hanauer’s January 2002 analysis of the latest enrollment figures from Cleveland’s voucher program finds that 99.4 percent of voucher students are enrolled in religious schools. Hanauer points to a consistent decrease of secular school participants and voucher student enrollment in secular schools since the program began in 1996-97. The
Ohio Needs to Plan Now to Weather the Next Recession
A number of government sources show Ohio is suffering more than the country as a whole in the wake of the 2001 recession, and more than the state suffered after the recession of the 1990s. We’ve hemorrhaged 3.3 percent of our jobs, more than three times as much as in