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The long economic recovery has brought unemployment to historic lows. But the number of men in the labor force during their prime working age has dropped significantly over the past 50 years.
Many Americans plan to do the bulk of their retirement saving in their 50s. But what happens if you lose your job at that age instead? According to researchers, the situation is common, and laid-off older workers have a harder time finding a new job — especially one that pays their previous salary. PBS NewsHour… Read More
A controversial economic development project in Ashland, Kentucky, hit a snag last week as aluminum company Braidy Industries ousted CEO and board chairman Craig Bouchard. In a statement, Braidy Industries’ interim CEO said he appreciated Bouchard’s hard work for the company. Bouchard says the firing was improper and is refusing to step down. The dueling… Read More
The two companies expect to create more than 1,100 jobs in northeast Ohio. The new plant will be built near GM’s Lordstown facility that was shuttered earlier this year.
COLUMBUS, Ohio (AP) — Ohio’s seasonally adjusted unemployment rate was unchanged from September to October. State officials on Friday said the unemployment rate was 4.2% last month, the same as September. Ohio’s unemployment rate stood at 4.6% in October 2018. The national rate was 3.6% in October, up from last month, and down from 3.8%… Read More
Devin Mefford is sitting in the squat metal buggy of a modified mantrip, the train-like shuttle coal miners use to travel underground. Mefford is dressed for work, in a hardhat and a navy shirt and pants with lime green reflective stripes. It’s a uniform his father and grandfather — both Kentucky coal miners — would… Read More
COLUMBUS, Ohio (AP) – Google says it is set to break ground on its $600 million data center in an Ohio city, part of $13 billion in planned investments by the tech giant this year. Company officials will be in New Albany on Friday for a groundbreaking celebration at the city’s International Business Park. The… Read More
CHARLESTON, W.Va. (AP) – A legislative report says West Virginia’s Division of Labor cited more than 500 violations of a jobs act intended to give local laborers the majority of roles on state-funded public works projects. The Charleston Gazette-Mail reported Wednesday that contractors were fined more than $100,000 altogether during the 2018-19 fiscal year for… Read More
Bobby Bowman mined coal in West Virginia for 12 years before his employer shut down. “I don’t think that mine will ever open again,” he said. Bowman lives in Welch, in the south of the state, where he worked at the Pinnacle Mine, which shut down almost exactly one year ago, putting him and about… Read More
COLUMBUS, Ohio (AP) — The Ohio Department of Job and Family Services is partnering with a professional networking website to make it easier for unemployed Ohioans to find jobs. Some 200,000 Ohioans receive state unemployment benefits annually. The pilot program with LinkedIn is intended to make it more convenient for them to apply for jobs… Read More