A manufacturing company in Springfield has been approved for $800,000 in state funding to add a new facility. The Ohio Job Creation Credit Tax Loan will bring new jobs and $2.7 5 million of investment money to the city.
Credit Hundreds of people who lost jobs when freezing weather hit California in January 2007 line up to register for the Disaster Unemployment Assistance program funded by the Federal Emergency Management Agency.
1857, the 1870s, the 1890s, 1907, 1914, 1919, 1921: The United States faced widespread joblessness in all of these years, well before the Great Depression, not to mention today's Great Recession. As legislators in Washington prepare to debate another round of stimulus spending, and as unemployment reaches record highs, historian Daniel Amsterdam looks back at how the United States has tackled major spikes in unemployment throughout its history and how American efforts have compared with those of other countries.
TRAVERSE CITY, Mich. (AP) - A newly released study says the Great Lakes and St. Lawrence Seaway maritime industry supports 227,000 jobs and generates billions of dollars in wages, tax revenue and purchases.
The industry-funded analysis released Tuesday describes shipping in the region as essential to the economy.
Collister Johnson of the U.S. St. Lawrence Seaway Development Corp. says the industry provides waterfront jobs like piloting vessels and working at terminals. But it also supports steelworkers, miners, grain farmers and construction workers.
David Zak is vice-president of the Springfield Improvement Corporation, which is part of the chamber of commerce. His colleague at the chamber, John Detrick, says Zak has been vital in the city's economic growth spurt. He points to a gift company Zak helped lure to Springfield as an example of how he can relate well to the business community.
“He did this with thirty one gifts a company that is going to be growing to a thousand jobs. We are fortunate to be able to attract them to Springfield,” says Detrick.