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Tax Credit Authority Revokes Incentives For 105 Companies

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For many companies not meeting expectations, the tax-credit panel is reducing incentives it offered previously.
8:42AM
October 1, 2014

Ohio officials say they’re cracking down on companies that received tax incentives but have failed to create promised jobs.

Columbus Castings Adding 500 Jobs

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The company says it will try to hire many of the new employees from the surrounding neighborhood.
8:49AM
September
3, 2014

Columbus Castings says it will add 500 positions at its South Side foundry.

Dueling Think Tanks See Different Realities In Labor Day Report

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File photo
8:03AM
September
2, 2014

This Labor Day, there are a record low number of Ohioans in the labor force – fewer than there have been since October 1978. Statehouse correspondent Karen Kasler talked to two economic experts who see that number – and others – in very different ways.

Ohio Jobless Rate Increases In July

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Ohio Department of Job and Family Services reports the state's jobless rate increased in July
12:17PM
August
15, 2014

Ohio’s unemployment rate for July ticked up slightly after job reports for the last two months showed the rate at its lowest level since before the Great Recession.

Biden Urges Infrastructure, Job Training In Ohio

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Vice President Joe Biden.
11:49AM
July 24, 2014

Vice President Joe Biden says investment in infrastructure and job training is needed to increase economic opportunities in the nation’s cities.

Ohio Handing Out More Tax Incentives To Companies Promising Jobs

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Daryl Hennessy, the Ohio Development Services Agency's Business Services Division chief, says tax credit benefits outweigh the cost in every instance.
7:53AM
July 7, 2014

A new report says the value of incentives grew from $56 million in 2012 to $63 million last year, and will grow to an estimated $65 million in the current fiscal year.

Ohio Gets B+ For Manufacturing

By
Honda Marysville
One of Ohio’s biggest challenges is retaining an educated workforce – what economists call human capital. Hicks says part of the brain drain problem is attracting today’s workers to Ohio’s aging urban centers.
8:00AM
June
23, 2014

Ohio gets an above-average grade in a study that grades the health of each state’s manufacturing industry by looking at the tax climate, productivity, and other factors.

Columbus Recycle Program Hires Ex-Cons

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RecycleForce Columbus recently acquired a 26 foot long truck to haul recycled materials.
5:00AM
June
23, 2014

There is one a fledgling operation in Columbus that helps ex-offenders find work that often changes their lives and helps them stay out of prison.

Ohio’s Unemployment Rate Dips Again

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Ohio's rate remains below the national rate, which fell to 6.3 percent in April from 6.7 percent in March.
9:04AM
May 16, 2014

The state says Ohio’s unemployment rate dropped in March to the lowest level in more than six years.

U.S. Unemployment Drops To 6.3 Percent, Lowest In 5 Years

By
unemployment_office
The federal jobs report released Friday morning says the U.S. gained 288,000 jobs in February.
9:00AM
May 2, 2014

The Bureau of Labor Statistics reports that nonfarm payroll employment rose by 288,000 in April. In a separate survey, the unemployment rate dipped by 0.4 percent.