The Economy & Business

Business & Technology
8:00 am
Tue November 15, 2011

Down and Out (Again): America's Long Struggle with Mass Unemployment

FEMA photo by Michael Raphael
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.

Business & Technology
11:52 am
Tue October 18, 2011

Study: Great Lakes shipping important to economy

cseeman

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.

Read more
Business & Technology
5:23 pm
Thu October 13, 2011

Springfield Business Leader To Head State Economic Development Job

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.

Read more
Business & Technology
11:45 am
Fri October 7, 2011

Interviews begin for Toledo, Cleveland casino jobs

Adam Tinworth

TOLEDO, Ohio (AP) - Applicants are moving a step closer to landing work as card dealers at two of Ohio's new casinos, now conducting interviews.

The casino coming to Toledo started bringing in hopefuls this week for group interviews even as its website continues to accept applications. The Hollywood Casino Toledo opening next year is looking to hire up to 500 dealers for blackjack and other table games.

The Blade newspaper reports the casino has heard from more than 2,300 prospects since people could begin applying on Sept. 30.

Read more
Business & Technology
12:04 pm
Wed October 5, 2011

Aircraft Repair Company to Add about 250 Ohio Jobs

State lawmakers have joined an aircraft maintenance company in southwest Ohio to announce the addition of more than 250 jobs.

A spokesman for Ohio Gov. John Kasich said Tuesday that the additional maintenance jobs at Airbourne Maintenance and Engineering Services were helped by about $14.6 million in state money. The funds were awarded to the Clinton County Port Authority, which has invested roughly $15.7 million in bringing the new employees to Airbourne Maintenance and keeping almost 400 workers from leaving Ohio.

Pages