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Maxine Goodman Levin College of Urban Affairs, Cleveland State University
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Weekly News and Opinion from Ohio's Newspapers
February 1  - 7, 2011

Welcome to the latest issue of Economic News from Ohio's Regions, a new 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: Jump for JumpStart (Akron Beacon Journal, February 2, 2011) The role as catalyst now is expanding to the national 

stage. This week, the organization became part of a White House initiative to spur job creation and economic growth by supporting entrepreneurs and small businesses.

Calculating the speed of business (The Other Paper, February 3, 2011) Republican Gov. John Kasich's controversial move to 

privatize the state's job creation efforts passed easily and-some Democrats would argue-a bit too swiftly in the Ohio House Tuesday, with approval following strict party lines.


 Local jobless rate falls below 10 percent

(Dayton Daily News, February 2, 2011) The metro area unemployment figure fell to 9.9 percent from 10.1 percent in November last year and 10.6 percent in December 2009.

Manufacturers say supply of skilled workers too low (WCPN ideastream, February 4, 2011) Officials say Northeast Ohio 

 is sharing in that good news with 5-thousand manufacturing workers expected to be added to the payroll annually for the next several years. Plus, the number of students enrolled in manufacturing training and engineering courses is on the rise at two year colleges. Yet, some employers say they're having a hard time finding qualified candidates.


Region is No. 8 in nation in credit-card debt (Youngstown Vindicator, February 4, 2011)  When it comes to percentage of income owed on credit cards, consumers in Youngstown are among the top 10 in the nation.


City help for Coronado, Gatta projects (Youngstown Business Journal, February 4, 2011) The city's Board of Control approved measures Thursday that would leverage nearly $3 million of investment for two businesses.


Editorial: Area leaders should engage public in discussion (Cincinnati Enquirer, February 5, 2011) It's good to see that our area's city and county leaders have begun to talk seriously about the shared services, consolidation and cost-saving measures taxpayers are demanding in this tough economy. But officials should do a better, more thoughtful job of bringing the people they serve into the conversation. And they should use the best available tools to engage citizens in the process.


Central Ohio housing market still looks good for buyers, not sellers (Columbus Dispatch, February 6, 2011) Although details vary, the figures paint a clear overall picture: The housing industry in central Ohio, as elsewhere in the nation, peaked in the middle of the decade and has spiraled mostly downward since.


Do jobs bring workers or do workers bring jobs?

(Marion Star, February 6, 2011) When it comes to the subject of "brain drain," or how best to keep young people from leaving the area once they graduate, area educators and community leaders are keenly aware it's an important issue.


Editorial: JobsOhio may run afoul of state constitution (The Plain Dealer, February 6, 2011) Since before the Civil War, the Ohio Constitution has forbidden Ohio direct government investment in private businesses. The reasons: When, as a young state, Ohio tried that, it nearly went broke. And Statehouse lobbies always want to hijack public money for private profits.


Editorial: Building on Greater Cleveland's strengths (The Plain Dealer, February 6, 2011) We've already become a draw for creative people who love affordable good living, a vibrant arts scene, abundant green space and a growing sustainability movement; for smart people already building next-generation LCD displays, fuel cells, cardio-graphics and space-propulsion systems; for immigrants drawn to a welcoming urban culture and high-quality universities; for high-end factory workers whose jobs now revolve around computers and precision gear; and for young people who savor the chance to live in modestly priced lofts in comeback neighborhoods and bike to work.


Indicators show reasons for hope (Cincinnati Enquirer, February 6, 2011) The economy seems to have turned the corner. Signs are positive as most economic indicators are improving on a consistent basis. Production and business profitability are up and even employment indicators are pointing in the right direction.


Editorial: Brain drain is a big concern for state in transition (Chilicothe Gazette, February 6, 2011) But the state's "brain drain" -- a cute, rhythmic name for a big problem -- could be one of the most pressing. The solution to that problem could be one we've heard time and time again -- jobs.


Median home prices in 2010 remained below 2007 levels across Cuyahoga County (The Plain Dealer, February 7, 2011) Excluding sheriff's sales, the prices were down in every community in which there were at least 25 sales to draw a comparison. Overall, they were down 19.9 percent from 2007 to 2010. 

         Edited and compiled by: Molly Schnoke, Center for Community Planning & Development, Maxine Goodman Levin College of Urban Affairs, Cleveland State University
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