Ohio’s Governor, who is in the midst of a heated battle for reelection, Tuesday released an ad targeting the Biden Administration’s economic policies.Â
“There’s Joe Biden’s way,” the ad says. “Higher taxes. Wasteful spending. And with Biden’s inflation everything costs you more.”Â
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Peloton’s plan to build the company’s first U.S. factory in the Toledo area has been scrapped, and the company’s CEO is stepping down, the company announced in a news release.
Peloton also announced it was cutting 2,800 jobs, with the bulk of those coming at its headquarters in New York City. The announcements are part of a cost-saving effort the company expects will save around $800 million.
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Small businesses across Ohio find themselves in the middle of what one of the leading advocates in the nation calls a perfect storm of issues, causing continued concern and struggles.
A new survey from the Ohio branch of the National Federation of Independent Business shows labor issues, supply chain problems and inflation create significant hurdles as mom-and-pop businesses around the state continue to recover from the COVID-19 pandemic.
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A group of Ohio economists are not as certain about the economic impact of legalized sports betting in Ohio as a national gaming research group that predicted the state eventually would be one of the largest gambling markets in the country.
Only 10 of the 23 state economists surveyed agreed legalized sports betting would outweigh the economic costs of intervention for problems associated with gambling addiction, according to a recent survey from Scioto Analysis, a central Ohio group that provides analysis of issues around the state.
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Business groups praised the passage of a bill they say makes it easier for Ohio employers to train and hire student workers.
The legislation, if signed by Gov. Mike DeWine, establishes the Student Pathways to Career Success Grant Program, which would give businesses financial incentives and creates a two-year pilot program that would allow a workers’ compensation premium discount to an employer with a work-based learning experience for students.
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The need for Ohio businesses to fill job openings stretches beyond entry-level or relatively low-paying positions and more employers have turned to a state-run database created two years ago to help.
More than 13% more Ohio employers included needs on TopJobs.Ohio.gov than the state’s previous response rate. The website reflects current workforce needs for in-demand and critical jobs across the state, according to Gov. Mike DeWine.
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Ohio bucked the trend shown in a new report that compared state’s COVID-19 restrictions and unemployment rate.
Ohio ranked 16th in the nation for fewest restrictions but ranked 39th in unemployment ranking, according updated rankings released Tuesday by WalletHub, a personal-finance website. Not surprisingly, states with the fewest COVID-19 restrictions had lower unemployment rates than states with more.
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Ohio’s unemployment rate for July dropped to 8.9 percent, down from the revised June rate of 11 percent, according to new data from the state.
In a clear sign of the COVID-19 pandemic’s impact on the state’s economy, the unemployment rate in July is up from 4.2 percent in July 2019, state numbers show.
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New unemployment claims in Ohio dropped last week by 5,963 from the prior week. For the week ending Aug. 8, 20,090 new unemployment claims were registered, compared to 26,053 new claims the week ending Aug. 1.
More Ohio workers also are dropping off the unemployment rolls overall. Advance unemployment claims for the week ending Aug. 8 stood at 350,702, which is a drop of 58,621 claims from the prior week’s 409,323 claims.
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New unemployment claims in Ohio reported for the week ending August 1 continue to dip slightly under the previous week’s numbers.
According to data compiled by the U.S. Department of Labor, Ohio registered 25,279 new unemployment claims for the week ending August 1, a drop of 2,754 new claims for the week ending July 25, during which the state added 28,033 new claims.
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Although new claims dropped slightly from the previous week, Ohio’s unemployment remains above 400,000.
New claims fell by 2,910 during the last full week of July, from 30,325 to 27,415. The total number of claims dropped 28,160 in the time period between July 11 and July 18.
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Ohio initial unemployment claims fell by 5,991 claims for the week ending July 18.
The state also reported a 31,206 week-over-week decline in new claims for the week ending July 11.
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Ohio unemployment climbed by more than 35,000 new claims last week, bringing the state’s total number of unemployment claims to 410,784.
The week-over-week unemployment tally in Ohio rose by 1,024 new claims in the week ending July 4 to 35,854 new claims in the week ending July 11, according to U.S. Department of Labor data.
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New unemployment claims dropped slightly in Ohio last week, a trend also reflected in national numbers reported by the U.S. Department of Labor.
The week-over-week numbers reported for Ohio the week ending July 4 show 33,176 new initial claims, a decrease of 2,732 initial unemployment claims from the previous week’s 35,908 new claims.
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Despite more than 35,000 new unemployment claims in Ohio last week, the total number of people receiving unemployment benefits dropped.
According to U.S. Department of Labor data, Ohio added 35,206 new unemployment claims in the week ending June 27. That’s 280 more than the previous week’s 34,926 new claims and brings the total number of unemployment claims in the state to 426,452, down 39,820 from the previous week’s 466,363 total number.
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As the nation emerges from lockdowns imposed in response to the coronavirus pandemic, new unemployment claims continue to decline.
The number of Ohio residents receiving unemployment checks decreased by 48,753 claims between the weeks ending June 13 and June 7. Advance claims for the week ending June 20 were 444,205 claims, compared to 492,958 claims the week ending June 13.
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The Ohio Department of Family Jobs and Services released numbers Friday that showed Ohio’s unemployment rate in May at 13.7 percent.
Ohio’s unemployment rate is trending in a downward direction as the state’s unemployment rate went down almost four percentage points from April to May. As the unemployment rate continued to go down, the Buckeye State had 211,000 unemployed workers go back to work in May.
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Ohio residents filed 33,112 new unemployment claims during the week ending June 13, down 3,042 new claims from the prior week.
The total number of Ohio residents seeking unemployment is 504,124.
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More than 35,474 Ohio workers joined the ranks of the unemployed in the week ending June 6, bringing the total number of state residents filing unemployment claims to 546,854 since restrictions were put in place to slow the spread of COVID-19.
Week-over-week, Ohio witnessed an increase of nearly 400 new claims from the prior week, during which 35,078 new claims were reported.
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For the first time since mid-March, the number of Ohioans filing jobless claims has gone under 40,000, the Ohio Department of Jobs and Family Services (ODJFS) numbers showed.
For the week ending on May 30, more than 34,000 people asked the government for assistance. This marks the sixth consecutive week that unemployment claims have been under 100,000. Also, this is the ninth consecutive week that unemployment claims have gone down.
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Ohio saw more than 42,000 people file for unemployment benefits last week, according to the Ohio Department of Jobs and Family Services (ODJFS).
This marks the second straight week Ohio has received less than 50,000 unemployment claims.
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Ohio saw more than 46,000 people file for unemployment benefits last week, according to numbers released by the Ohio Department of Job and Family Services (ODJFS). This marks the first time Ohio’s unemployment weekly claims have been under 50,000 when the coronavirus hit the state two months ago, and Gov. Mike DeWine shut down the economy. Even though last week’s data reached this milestone, the weekly filings from the week ending May 16 only went down by 5,000 claims from the week ending May 9. Ohioans asking for government assistance should continue to go down as of last weekend, 90 percent of Ohio’s economy had opened up, the Associated Press reported. Since mid-March, more than 1.2 million people have filed for unemployment benefits in Ohio. Nationally, America has seen 38.6 million people claim unemployment during the same nine-week span. Ohio has accounted for three percent of America’s unemployment benefit claims during this time period. According to WBNS, ODJFS has given benefits to 619,000 Ohioans totaling over $2.8 billion. This accounts for 52 percent of people who asked for government assistance. ODJFS continues to deal with hackers trying to infiltrate its system. This time, around 24 people who claimed unemployment…
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Ohio received a little over 51,000 unemployment claims last week, according to the Ohio Department of Jobs and Family Services (ODJFS).
This marks the third consecutive week that unemployment claims have been less than 100,000. Furthermore, the number of jobless claims people have filed has reduced over 40,000 claims in the last two weeks.
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Another 92,920 Ohioans filed for unemployment benefits last week, which means that 1,075,486 Ohioans have filed for unemployment benefits during the last six weeks, according to the Associated Press.
Nationally, 3.8 million people asked for government assistance last week. This means that America has seen 30.3 million people jobless claims over the last six weeks.
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From the outset of the deadly coronavirus outbreak, the Trump administration has taken decisive steps to protect working families from the disease and to prepare the private sector for the economic rebound to come.
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As Ohio works to reopen in the wake of the COVID-19 pandemic starting May 1, Senate Democrats are urging Gov. Mike DeWine to ensure the state is prepared.
Specifically, they want the governor to require the use of masks in public and to guarantee Ohio has an adequate supply of sanitation items and personal protective equipment (PPE). They also want clear and publicized guidelines for businesses, protections for whistleblowers, child care accommodations for employees who need it and continued teleworking for employees who can or who are in high-risk categories.
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Ohio saw another 108,801 people file for unemployment claims last week, according to the Ohio Department of Job and Family Services (ODJFS).
Nationally, America saw 4.4 million people file for unemployment benefits as people continue to lose jobs due to state lockdown orders, the Department of Labor numbers show.
The coronavirus pandemic continues to wreck havoc on Ohio’s economy as 964,566 Ohioans have asked for government assistance over the last five weeks. During this same time period, more than 26 million people have filed for unemployment assistance, according to PBS.
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