Ohio taxes families with extremely low earnings, only five states begin taxing families at lower income levels
Families in Ohio are taxed at a lower income level than families in all but five states according to a new report by the Center on Budget and Policy Priorities, released here by Policy Matters Ohio. Ohio levies income taxes on single-parent families of three who earn as little as $10,300 a year, and on […]
Shifts in Factory Work Cost Ohio Jobs
Columbus Dispatch Ohio has lost 45,734 jobs since 1995 because of the North American Free Trade Agreement and comparatively low labor costs overseas, a new study says. Full Article
NAFTA Linked to Ohio Job Loss
Think tank’s report says 14,653 positions gone as direct result of trade pact The Akron Beacon Journal A nonprofit Ohio group has issued a report saying the North American Free Trade Agreement has been a raw deal for Ohio workers. Full Article
Ohio Jobless Rate Up in December
Boost blamed on rise in holiday job-seekers by Mark Niquette The economy might be improving, but employment in Ohio and the region continues to lag. The Ohio jobless rate increased to 6 percent in December from 5.7 percent in November. The unemployment rate also increased in all central Ohio counties except Franklin, according to state […]
Ohio Jobless Rate Up in December
Boost blamed on rise in holiday job-seekers by Mark Niquette The economy might be improving, but employment in Ohio and the region continues to lag. The Ohio jobless rate increased to 6 percent in December from 5.7 percent in November. The unemployment rate also increased in all central Ohio counties except Franklin, according to state […]
The Ever-Shrinking Safety Net: Lost your job? Well, it better have been a good one
by Zach Schiller, in Urban Dialect One woman worked at a Southeastern Ohio restaurant for most of last year, averaging $174.68 a week. Another sold magazines over the phone in Cincinnati, working 20 to 25 hours a week all year, ending up at $7.50 an hour. When they lost their jobs and applied for unemployment […]
Economy Up, But Jobs in Ohio Decline
by: Mary-Beth McLaughlin The end of the recession two years ago did nothing to halt the loss of jobs in Ohio. The state had 131,000 fewer jobs last month than it did two years earlier when economists say the latest recession ended. Worse, many of those lost jobs were in the high-paying manufacturing sector. And it […]
Study Criticizes Taft’s High-Tech Start-Up Fund
Columbus Dispatch Ohio’s Third Frontier Action Fund, the oldest part of the Taft administration’s high-tech economic development program, has created few jobs despite handing out $55 million in the past five years, according to a study to be released today. Full Article
Report: Third Frontier Fund Gets Slow Start
Cincinnati Enquirer A report issued today by a Cleveland research group says Ohio’s 5-year-old Third Frontier Action Fund, part of the state’s flagship economic development program, has generated few jobs and little commercial activity. Full Article
Third Frontier Grants Oversight Criticized
Dayton Daily News COLUMBUS — A grant component of Gov. Bob Taft’s Third Frontier Project has modest economic benefits while the oversight of its administration is inadequate, according to a report being released today. Full Article
Affluent Areas Get Biggest Zone Aid
Ohio’s enterprise zone program is more likely to bring jobs and investment to wealthy areas than the poor neighborhoods the program is supposed to help, according to a report by Policy Matters Ohio, a Cleveland research group.
Study Equates Issue 1 to Financial Stake
As an investor, public could profit from high-tech startups successes The Toledo Blade COLUMBUS – If Ohio voters approve a $500 million bond issue on Nov. 4, the state and local governments could have more direct financial interest in the success of high-tech businesses, a research group said yesterday. Full Article