Ohio lawmakers will have to cut $800 million from the two-year budget they’re pounding out. Gov. John Kasich, flanked by GOP legislative leaders and budget director Tim Keen, said Thursday that slow economic growth nationally and in Ohio are responsible for tax revenues lagging behind estimates. As of the end of March, yearly tax revenue […]
Upcoming State budget to be trimmed by $800 million following lagging revenue reports
April 14, 2017 by
Governor warns Ohio on verge of recession as tax revenue falls
December 7, 2016 by
Gov. John Kasich warned lawmakers Tuesday that Ohio is “on the verge of a recession” as state tax revenues continue to fall short of expectations. According to Kasich’s budget office, state tax income revenue was $99 million, or 5 percent, below projections, the second straight month revenue has been lower than anticipated. So far this […]
Economic development expert suggests “MarionMade” community pride campaign
September 23, 2016 by
A new study of the Marion community has generated a plan to distinguish Marion and its economic development potential. The recently completed study was commissioned by Marion’s economic development organization, CAN DO!, funded by Marion Community Foundation, and conducted by the public relations firm of FrazierHeiby. The results were revealed to key stakeholders this week. […]
Marion unemployment rate up a bit as people return to workforce
June 26, 2015 by
Ohio’s unemployment rate was 5.2 percent in May 2015, unchanged from April. The rate for Marion County, which is not seasonally adjusted like the state number, was 4.9 percent, up a bit from 4.7 percent in April. The increase came with 300 people added to Marion County’s available workforce, but 100 more reporting as unemployed. […]
Kasich touts job recovery, others call it sluggish and slow
March 9, 2015 by
Gov. John Kasich, while professing that it wasn’t a day to crow, took time Friday to note that new labor data showed the state has recovered the private sector jobs lost during the great recession. Data released Friday by the Ohio Department of Job and Family Services showed that the state gained 352,000 private sector […]
New Report Describes Health, Economics, and Education of Ohio Children
July 22, 2014 by
Ohio children are healthier and better educated than they were a few years ago. But many of their families are doing worse economically. And on average, Ohio children are faring, well, about average, ranking 24th out of 50 (with 50 being the worst) on a composite index that measures economic status, education, health, and family […]
Ohio Unemployment Rate Hits 7 Year Low
June 20, 2014 by
Ohio’s unemployment rate was 5.5 percent in May 2014, down from 5.7 percent in April 2014. Ohio’s nonfarm wage and salary employment increased 2,900 over the month, from a revised 5,295,400 in April to 5,298,300 in May. The rate is the lowest it has been since April 2007 when it also sat at 5.5 percent. […]
Study says Ohio Economic Recovers is Years Away
July 31, 2013 by
Ohio’s economic recovery is inching along so slowly that, given the current rate of job creation, the state remains nearly five years away from regaining all of the jobs vanquished in the Great Recession. The news is grimmer for the state’s most populous and productive county. Cuyahoga County, which lost 120,000 jobs last decade, is […]
Even with Job Gains, Marion Unemployment Rate Rises
July 23, 2013 by
Data from the Ohio Department of Job and Family Services shows 100 more Marion County residents found jobs in June, but with more people returning to the workforce, the local unemployment rate rose for the third straight month to 8.0 percent, up from 7.4 percent in May. June 2013 was also the third straight month […]
Statewide Unemployment Up Following Job Cuts
July 19, 2013 by
Ohio’s unemployment rate was 7.2 percent in June 2013, up from 7.0 percent in May, according to data released this morning by the Ohio Department of Job and Family Services (ODJFS). Ohio’s nonfarm wage and salary employment decreased 12,500 over the month, from a revised 5,214,000 in May to 5,201,500 in June. The number of […]
