The Economy & Business

The Economy & Business
3:12 pm
Thu March 14, 2013

Senator Brown Introduces Plan To Address 'Underwater' Mortgages

Nearly 1 in 4 Ohio mortgages are underwater, according to numbers from real estate data company Zillow Inc. US Senator Sherrod Brown says that’s why he’s introducing legislation to speed up what’s known as short sales.

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The Economy & Business
12:03 pm
Mon March 11, 2013

Husted Recognizes Clark County Company for Keeping Jobs in Ohio

Ohio Secretary of State Jon Husted paid a visit to Clark County on Thursday.

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The Economy & Business
12:18 pm
Fri March 8, 2013

Ohio's Unemployment Rate Higher in January

The latest monthly jobs data shows that Ohio's unemployment rate rose slightly in January.

The Ohio Department of Jobs and Family Services said Friday that the state's seasonably adjusted unemployment rate for January was 7 percent - up from 6.7 in December.

The slip reversed a trend of incremental progress in lowering the rate over a number of months. The state has said Ohio's economy and its job market are getting stronger, but the process is slow.

Ohio's unemployment rate has remained about a percentage point below the U.S. rate.
 
 

The Economy & Business
11:52 am
Tue March 5, 2013

Ohio Ranks Near Top in Business Development

Ohio is getting some national recognition for business development and job creation.

The Buckeye State ranked second in the country behind Texas last year for attracting new companies and business expansion. That's according to the annual list compiled by the business trade magazine Site Selection.

The Columbus Dispatch reports that several Ohio cities were recognized, too.

Columbus finished 10th among metropolitan areas with a population of at least 1 million people, and Cincinnati finished eighth.

The Economy & Business
7:35 am
Mon March 4, 2013

Top Salaries Paid at Ohio Jobs Entity

Ohio's nonprofit job-creation entity is reporting raising nearly $7 million in donations and contributed services and paying top salaries to some staff last year.

Documents obtained by the Associated Press and other media show half of the 26 salaries paid by the organization were $100,000 or more.

The documents show that JobsOhio's president and chief investment officer drew a $225,000 salary in 2012, far more than Gov. John Kasich's salary of about $149,000.

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