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The Statehouse building

Study: Cutting Public Jobs Due To Pandemic Slows Economic Recovery

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COLUMBUS, Ohio (Statehouse News Bureau) — State agencies were forced to make cuts at the end of Ohio’s fiscal year in June to deal with coronavirus impacts. And in most cases, those have carried over into this current year’s budget. Now a liberal leaning think tank says continuing at that level will slow the economic recovery even further. The study… Read More

A sign at Easton Town Center in Columbus, advertising that stores, bars and restaurants are open following coronavirus closures.

Ohio Businesses Say Economy Isn’t Good But They’re Optimistic

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COLUMBUS, Ohio (Statehouse News Bureau) — Ohio’s businesses say they’re optimistic about the future of the economy, but the coronavirus pandemic continues to have them worried. The Ohio Chamber of Commerce’s Research Foundation second quarter survey of over 400 business leaders shows three quarters plan to add jobs, but the same number said the economic climate is… Read More

The Ohio Statehouse

Effects Of Pandemic On Ohio’s Economy Could Last Years

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COLUMBUS, Ohio (Statehouse News Bureau) — The state’s tax revenue report for July was the first one showing gains in three months. But Ohio’s chief budget officer says she expects the economic effects of the pandemic to last for far longer than the pandemic does – perhaps years. July’s income tax collections were boosted by… Read More

The coal power station on the border between WV and PA

Plan To ‘Reimagine Appalachia’ Touts Jobs, Justice and Sustainability For The Ohio Valley

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MORGANTOWN, W.Va. (OVR) — A coalition of progressive policy and environmental groups has released a “blueprint” that provides a framework for how Ohio Valley communities could reap the benefits of federal action to address climate change and the COVID-19 pandemic. The plan, titled “Reimagine Appalachia” envisions a future economy for the traditionally extraction-based economies of Kentucky,… Read More

Uptown Athens during coronavirus emergency

WATCH: What The Latest Jobs Numbers Say About A U.S. Economic Recovery

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WASHINGTON, D.C. (NewsHour) — The number of weekly jobless claims is the lowest since the economic shutdown began in March, but it remains far above what the U.S. has experienced during other financial crises. Jerome Powell, chairman of the Federal Reserve, said earlier this week that he expects unemployment to remain elevated for years to… Read More

Uptown Athens during coronavirus emergency

ARC Announces COVID-19 Grants for Lenders Helping Small Businesses

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WASHINGTON, D.C. (WVPB) — The Appalachian Regional Commission has announced $3.75 million for banks and other lenders who have lost money during this global coronavirus pandemic. Specifically, the grants are for lenders who work with small or local businesses and nonprofits in the ARC’s 13-state coverage area. In a press release on Monday, the commission stated the… Read More

Uptown Athens during coronavirus emergency

Retail Businesses Can Start Offering Curbside Pickup on Saturday

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COLUMBUS, Ohio (Statehouse News Bureau) — The order from Ohio Department of Health director Amy Acton allows retail establishments to offer “curbside pickup, delivery or appointment-only” service beginning May 2. Customers must be limited to 10 at a time. Gordon Gough with the Ohio Council of Retail Merchants described what that might look like. “Order online,… Read More

Car washes in Ohio are allowed to stay open if they operate under certain rules.

Business Dispute Panel Issues First Rulings on “Essential” Businesses

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COLUMBUS, Ohio (Statehouse News Bureau) — The panel set up to settle disputes over what are essential businesses that can operate during the state’s stay at home order has delivered its first set of rulings. Four cases before the Dispute Resolution Commission involved pet groomers. The panel ruled that county health departments were correct in determining groomers… Read More

Apartments

WATCH: How Missed Rent Payments Spark a ‘Cascade’ of Financial Hardship

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Many Americans affected by the coronavirus pandemic are struggling to pay their rent when they have lost income and haven’t yet been able to secure unemployment money. Missed rent, in turn, adds up to landlords who can’t pay their mortgages or property tax. And then cities and states will struggle to provide the basic services… Read More

Uptown Athens during coronavirus emergency

House Convenes Task Force to Consider Ohio’s Post-Shutdown Economic Options

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COLUMBUS, Ohio (Statehouse News Bureau) — More than 226,000 people – over a quarter of a million Ohioans – filed for unemployment in just the last week. Nearly 700,000 Ohioans have filed in the last three weeks. And a task force of state representatives met this week and will meet again Monday to talk about when to… Read More