Subprime and sometimes predatory lending are responsible for an “epidemic” of housing foreclosures in the state, two Ohio public advocacy agencies said in separate reports released Oct 4. Foreclosure cases across the state increased 155 percent to 43,419 between 1994 and 2001, said Columbus-based Policy Matters Ohio. About 24,597 families
Columbus Dispatch The number of foreclosures in Ohio has more than doubled since the mid-1990s, a study being released today found. The study, by an advocacy group for people with low incomes, is one of the first comprehensive attempts to compile the number of foreclosures statewide. The study found that
Crain’s Cleveland Business Greg Huth acknowledges that there was a “wrapping-up” period during 2001 when the city of Cleveland still was setting in motion efforts to enforce its Fair Employment Law.
Blaine Griffin Prison spending ballooned by more than one billion inflation-adjusted dollars between 1985 and 2000. Just 15 years ago, we got by on a corrections budget of less than $200 million. Ohio’s current approach makes no sense, fiscally or morally. We’ve quadrupled the number of people in Ohio’s prisons
Cleveland City News As the governor s race closes up and heats up the difference between the two candidates, Tim Hagan and Bob Taft, is being brought into sharp relief. And nowhere are those differences greater than over the contentious Issue 1, the bill that would mandate treatment for first
The Toledo Blade As American workers celebrate Labor Day, a new report gives mixed grades to the progress made by working families in recent years. The good news is that the wages of female workers, although still lagging behind those of men, are increasing steadily. Also positive are the gains
Cincinnati Enquirer By Ken Alltucker Here’s a sobering Labor Day revelation: Two decades ago, Ohioans worked less and were paid more for their efforts. That’s the conclusion of a new report from an Ohio think tank that analyzed two decades of income data culled from U.S. Census Bureau surveys. The
The Akron Beacon Journal By Keith McKnight, Katie Byard and David Knox A dose of prosperity, plus a marked increase in the number of homes in which both parents joined the work force, drove up the median family income for Ohioans in the past decade to about 10 percent beyond
Investment income, manufacturing decline cause divide among Ohioansby Christopher Montgomery Dayton Daily News DAYTON | The growth rate of Ohio’s income gap
The Hannah Report A state-by-state unemployment insurance report card released Tuesday gives Ohio’s system a failing grade. Failing the Unemployed, produced nationally by the Economic Policy Institute, the Center on Budget and Policy Priorities and the National Employment Law Project, takes a detailed look at unemployment insurance in all 50
Cincinnati City Beat The city of Cincinnati’s characterization on the national stage as one of America’s most “livable” cities was undeniably challenged in the aftermath of the urban uprising this past April. Full Article
Study indicates system needs to change eligibility requirementsby Jennine Zeleznik Dayton Daily News COLUMBUS | About one out of three unemployed Ohioans received benefits last year because of tough requirements that disqualify many potential applicants, a study released Wednesday showed. The study, conducted by Policy Matters Ohio, a Cleveland-based nonprofit