The Economy & Business

The Economy & Business
2:31 pm
Wed July 10, 2013

New Development Project Announced for Downtown Dayton Riverfront

Downtown Dayton
Credit Juliet Fromholt

The City of Dayton announced it will begin a new development project downtown. The commission approved a $36 million pre-development agreement for what’s called the Water Street Project that will enhance riverfront property in the city.

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The Economy & Business
8:04 am
Mon July 8, 2013

Report: Ohio Debt Causes Higher Taxes For Employers

Ohio employers have been paying millions in higher taxes because the state has failed to repay a federal loan to cover unemployment benefits during the recession.

The Columbus Dispatch reports that the state's failure to repay the $1.5 billion federal debt has left Ohio employers with a $272 million tax increase over the past 18 months.

Employers pay state and federal payroll taxes to fund jobless benefits. But Ohio was among 36 states forced to borrow from the federal government to keep paying jobless benefits when the recession hit.

The Economy & Business
8:04 am
Fri June 21, 2013

Ohio Unemployment Rate Stays At 7 Percent For May

Ohio's unemployment rate remained unchanged at 7 percent for May.

State officials released the new number Friday morning. The rate was the same as April, after falling from 7.1 percent the two previous months.

The Ohio rate has consistently remained below the national level. The U.S. unemployment rate for May was 7.6 percent.

The state's leaders have said Ohio's economy and its job market are getting stronger, though the process is slow. 

The Economy & Business
8:04 am
Tue June 11, 2013

Delphi Retirees in Pension Dispute Pack Local Meeting

The head of a congressional panel has visited southwest Ohio for a hearing packed by salaried retirees of a bankrupt auto-parts supplier who are suing to have their full pensions restored.

The Dayton Daily News reports Republican Rep. John Mica of Florida vowed Monday to subpoena more people about why pensions of Delphi salaried retirees were cut while those of other auto industry retirees were not. Mica leads the Subcommittee on Government Operations for the House Oversight Committee.

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6:13 pm
Fri May 24, 2013

Regional Leaders Meet With National Leaders in Recent Dayton Development Coalition Trip

The Dayton Development Coalition has wrapped up its annual trip to Washington, D.C. this week. The fly-in includes business, educational and government leaders from the area. This week on PoliticsOhio, Emily McCord is joined by Michael Gessel with the Dayton Development Coalition to talk about the trip.

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