The Economy & Business

The Economy & Business
6:00 am
Thu November 21, 2013

Workforce Woes: WYSO's Lewis Wallace Talks To Montgomery County Commissioner Debbie Lieberman

This week at WYSO we’ve been talking about the future of manufacturing. A lot of area manufacturers say the business is growing, but they need better-trained young people to carry the torch. They aren’t the only employers struggling to fill job openings, despite high unemployment in the region. So why are so many young people falling through the cracks?

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The Economy & Business
6:00 am
Wed November 20, 2013

Doing Battle With 'Bots, In Hopes Of A Stronger Workforce

Shannon Osterfeld (center) operated "Mo" in a winning match.
Lewis Wallace WYSO

Manufacturing has been an economic mainstay of the Miami Valley for decades. But manufacturing is changing: today it’s increasingly high-tech, and the industry is struggling to remake its image and get more young people interested.

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Defense Industry
9:59 pm
Tue November 19, 2013

Funds Released To Support Dayton-Area Defense Industry

This week the State of Ohio Controlling Board announced the release of $10 million in funds for economic development surrounding Department of Defense facilities. Much of that money is headed to the Miami Valley to help improve human performance and strengthen the region's potential for economic growth related to military activity.

In the study of human performance, researchers look at how military employees use the latest technology to figure out what makes the employees work better or more efficiently.

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The Economy & Business
6:00 am
Tue November 19, 2013

Dayton-Area Manufacturers Have An Image Problem

The Staub Manufacturing Solutions shop is clean and well-lit, a far cry from the image of the old manufacturing industry.
Lewis Wallace WYSO

From 2000 to 2009, manufacturing jobs in the greater Dayton area were cut in half as businesses consolidated, closed, or went overseas.

“Everything really just kinda died for us,” says Steve Staub, the head of Staub Manufacturing Solutions.

Jobs drained out of the region, around 40,000 in total, and just a few thousand have been added since 2010—not exactly a roaring comeback. But now the remaining workforce is aging, and area manufacturers are having a hard time finding young, educated workers to fill positions doing increasingly high-tech work.

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The Economy & Business
6:00 am
Fri November 15, 2013

Obama Pitches Economic Agenda at Ohio Steel Plant

President Obama was in Ohio yesterday,  touting increased automobile fuel efficiency for helping reduce reliance on foreign oil.

For the first time in nearly two decades, the U.S. produced more oil at home in October than it imported from abroad. Obama called the shift "a huge competitive advantage" for the United States.

The president made the remarks  at a Cleveland plant that makes steel used for higher fuel-efficient cars.

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