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|Weekly News and Opinion from Ohio's Newspapers|
December 13 - 19, 2011
|Welcome to the latest issue of Economic News from Ohio's Regions, a regular weekly newsletter from the Maxine Goodman Levin College of Urban Affairs and Cleveland State University. We'll search Ohio's papers to bring you economic news and key happenings that impact Ohio's regions.|
|Editorial: Just consolidate|
(Akron Beacon Journal, December 13, 2011)
For decades, local officials have talked and talked about combining dispatching operations, the vital centers that handle calls for emergency services. Ideally, a single countywide system would be in place by now. Instead, there are 14 dispatching centers up and running in Summit County, a costly and inefficient approach.
Region shows strong growth in factory jobs
(Toledo Blade, December 15, 2011)
Manufacturing jobs are returning to metro Toledo at a rate higher than in many other metropolitan areas, and area workers are again earning more, although unemployment remains higher than the national average.
State consultants to study option of placing Ohio turnpike under ODOT control
(The Plain Dealer, December 17, 2011)
The 241-mile link between Pennsylvania and Indiana is owned by Ohio. But the toll road is run by a commission that's separate from state government and its highway guardian, the Ohio Department of Transportation.
Health care changing makeup of state's biggest companies
(Middletown Journal, December 17, 2011)
Five of the 12 largest employers in Ohio are now health care systems, including Dayton-based Premier Health Partners, which ranked 12th with more than 14,000 workers.
Mahoning Valley neighbors living in poverty
(Youngstown Vindicator, December 18, 2011)
The most recent reports place 1.7 million Ohioans beneath the federal poverty line, scaled from a maximum individual income of $10,890 up to a family of four living on $22,350 or less annually. The Ohio Department of Development report suggested an additional 2 million people are "more or less close to being poor."
Job crisis lingers as unemployment dips
(Middletown Journal, December 18, 2011)
Butler County's unemployment rate this year declined to less than 9 percent, but the unemployment rate is still high and jobs are still a crisis, said Ben Johnson, Ohio Department of Job and Family Services spokesman.
Communities plan painful budget cuts in 2012
(Cincinnati Enquirer, December 18, 2011)
Upcoming state-imposed cuts in the estate tax, the local government fund, declining property values and a still-sluggish economic climate have forced some cities, villages and townships in the region to use hatchets instead of paring knives when reducing their budgets for 2012.
Ohio State study finds no jobs boom
(Youngstown Business Journal, December 19, 2011)
A research report conducted by a professor at Ohio State University is drawing headlines across Ohio, Pennsylvania and West Virginia for its conclusion that the shale drilling industry will result in 20,000 new jobs in the next few years -- not the 200,000 new jobs forecast by studies.
Fracking opponents organize
(Mansfield News Journal, December 19, 2011)
Preferred Fluids Management, a Texas based company, plans to drill two 5,000-foot-deep injection wells on five acres southwest of Knight Parkway on Mansfield's north side. The company received permit approval in April from the Ohio Department of Natural Resources.
State's incentives carry few strings
(Columbus Dispatch, December 19, 2011)
As the unemployment crisis grinds on, states are trying to both lure and retain businesses by offering tax breaks, grants, cheap loans - anything they can think of. But how many jobs do these expensive incentives actually create?
Gas, oil boom boosts real-estate markets
(Canton Repository, December 19, 2011)
The real estate business - commercial property, housing sales and house and apartment rentals - is receiving a boost because oil companies are eager to pull oil and natural gas from the Utica shale. The rock formation lies about 6,000 feet below the surface and many speculate that drilling the Utica shale could lead to energy independence for the United States.
Faster college degrees a goal in Ohio
(Columbus Dispatch, December 19, 2011)
The current state budget requires Ohio's public universities to create a plan to transition 10 percent of their programs to three year degrees by October and 60 percent of their programs by 2014.