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CLEVELAND (AP) — The U.S. subsidiary of a Thailand-based petrochemical giant has repaid Ohio’s private economic development office $20 million after it failed to make an investment decision in 2020 on a proposed petrochemical plant in the state. Spokespersons for PTT Global Chemical America and JobsOhio insisted this week the company still plans to build… Read More
Updated March 4, 2022 at 9:08 AM ET WASHINGTON, D.C. (NPR) — Hiring accelerated sharply last month as U.S. employers added 678,000 jobs, the largest gain since last July, and a resilient economy continues its recovery from the stubborn coronavirus pandemic. The unemployment rate fell to 3.8% last month, from 4% in January. Job gains… Read More
CHARLESTON, W.Va. (AP) — A North Carolina steelmaker will build a $2.7 billion mill in Mason County, West Virginia, creating an estimated 800 manufacturing jobs. Gov. Jim Justice calls the location of Nucor Corp.’s plant in Mason County the largest investment in the state’s history. Lawmakers completed legislation at Justice’s request Tuesday to offer the… Read More
WASHINGTON, D.C. (NewsHour) — Judy Woodruff looks at the limits of what President Joe Biden can do about the supply and delivery issues facing the United States, and other problems affecting the economy simultaneously, with David Lynch of The Washington Post.
WASHINGTON, D.C. (NewsHour) — The COVID-19 pandemic laid bare many vulnerabilities in America’s healthcare system, including a worsening shortage of nurses and physicians. But recent data indicates a new surge of interest in nursing, medical and other health-related career programs. NewsHour’s Stephanie Sy has this report for their series “Rethinking College.”
ATHENS, Ohio (WOUB) — Three lifeguards abruptly quit the Athens City Pool last week and others put in their two-weeks notice. This follows weeks of complaints from lifeguards about working conditions that they believe put themselves and pool patrons at risk. The city pool has faced a shortage of lifeguards that resulted in current staff… Read More
The number of job openings in the U.S. topped 9 million in May, according to Labor Department. The number of people quitting their jobs eased slightly from April but remains high.
Millions of women who lost their jobs in the pandemic have yet to return to work, even though the economy has improved. What’s keeping them back is a mix of factors that may not be resolved quickly.
Citing a severe shortage of workers, half of the nation’s governors have decided to end extra federal jobless benefits months early. But an economist says that will set back households and businesses.
U.S. employers added 266,000 jobs last month, far fewer than analysts had expected. The unemployment rate rose to 6.1%.
WHITESBURG, Ky. (OVR) — In Central Appalachia an estimated 538,000 unplugged oil and gas wells and 853,393 acres of abandoned mine lands sit unreclaimed, often polluting the air and water, and presenting public safety threats. But according to two new reports from the regional think tank Ohio River Valley Institute, these sites that now pose serious… Read More
Hiring by U.S. employers accelerated sharply amid an improving public health outlook and a new round of $1,400 relief payments.
Meanwhile, the unemployment rate dipped to 6.2% last month as the winter wave of coronavirus infections eased.
Powell warned it will take time to put millions of jobless Americans back to work, while also downplaying inflation threats.
BOWLING GREEN, Ky. (OVR) — The COVID-19 pandemic is continuing to cripple the economy in the Ohio Valley and President Joe Biden and Congressional Democrats are pursuing his plan for economic recovery. Biden’s economic priorities include raising the minimum wage to $15 an hour, forgiving student loan debt, and undoing some Trump-era tax cuts. But Biden’s… Read More
Fewer jobs were added to the economy last month even as the unemployment rate fell to 8.4%. Job growth has slowed since June in a sign of what could be a long and painful recovery from the recession.
Initial unemployment claims had been above 1 million for 20 straight weeks. The total receiving unemployment also dipped, to 28.3 million, as of July 25.
Job postings for entry-level positions popular with new college grads fell by 73%, compared with before COVID-19 hit. And for the class of 2020 who have landed jobs it’s often been a strange journey.
ATHENS, Ohio (WOUB) — Ohio University faculty, staff, students, and Athens community members demanded that administrators freeze layoffs and reinstate union workers who lost their jobs during a motorcade rally Wednesday. The Ohio chapter of the American Association of University Professors and the American Federation of State, County and Municipal Employees Local 1699 organized the… Read More
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