3.3 Million File Unemployment Claims in U.S. – a Record Number

Nearly 3.3 million Americans filed unemployment claims last week, a record number as businesses were forced to shut down to help slow the spread of the novel coronavirus.

The U.S. Department of Labor reported Thursday that 3.28 million claims were filed in the week that ended March 21. That marked an increase of more than 3 million claims over the week prior, when 282,000 claims were filed.

The previous high in a single week, according to the department, was in October 1982, when about 695,000 claims were filed. The nearly 3.3 million claims filed last week is nearly five times the prior record.

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2019 Was the Slowest Year for New Jobs in Ohio in a Decade, Economist Says

An economic expert says Ohio’s latest unemployment data show 2019 was the slowest year for new jobs in a decade — and the state lagged behind the nation in creating new jobs.

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Commentary: This Ohio Town Is Seeing Manufacturing Jobs Come Back

Thirty miles west of Cleveland along the Lake Erie shoreline sits a town named Lorain, Ohio. Famous for being the birthplace of Toni Morrison, Lorain was once a bustling steel town that drew people from all over the country for manufacturing work. Even the high school football team was named “The Steelmen.” But today, like many Rust Belt towns, Lorain shows signs of decay: ramshackle houses, vacant buildings covered in graffiti, and abandoned plants and factories — lots of them.

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Commentary: Good Economic News Missing From the Mainstream Media Again

You didn’t see it on the front page of one of the establishment newspapers or in the lead segment on establishment TV, but Reuters reported the number of Americans filing applications for unemployment benefits unexpectedly fell last week, hitting their lowest level in seven months, indicating the labor market remains solid.

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Could Ohio’s CAT Tax Be Responsible for Record Number of New Business Filings?

  If Ohio is adding record numbers of new businesses as a top official recently announced, where are the jobs? Ohio Secretary of State Frank LaRose two weeks ago announced 11,920 new entities filed to do business in Ohio in October, allowing Ohio to reach 113,272 new businesses in the…

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Commentary: The Good Economic News No One Heard About

A few weeks ago, the Census Bureau released the 2018 Income and Poverty in the United States report, but you probably didn’t see anything about it because it received scant attention in the establishment media because it reported such positive results mostly attributable to President Trump’s economic policies. Instead, what little media attention that the report received focused on a meaningless measure of income “inequality.”

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Commentary: The August Jobs Report Is Not ‘Mixed’ It’s Yuuge

The anti-Trump talking-down-the-economy crowd has America already in a recession, with POLITICO’s Morning Money leading its Thursday morning news with, “…manufacturing in recession and capital expenditures dropping, the strong consumer is the final leg holding up the U.S. economy. But the length of the workweek dipped in July, often a leading signal that employers are cutting back. A sharp slowdown in job creation could follow.”

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Commentary: A Market That the Democrats Want to ‘Fix’ Until It’s Broken

Ohio’s economy is thriving, but it’s all at stake as the 2020 presidential election nears. In fact, the growth we’ve experienced under President Trump would quickly evaporate in our state if the destructive policy agenda of the Democrat’s presidential candidates is fulfilled.

When Donald Trump visited Cincinnati for his latest blowout campaign rally, he made sure to remind us of everything we’ve accomplished together over the past two and a half years — and of everything that we stand to lose if the Democrats manage to win the White House in 2020.

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June Jobs Report: 224,000 Jobs Added, Unemployment At 3.7 Percent

by Mary Margaret Olohan   The U.S. economy added 224,000 jobs in June, while the unemployment rate slightly increased to 3.7 percent, according to Department of Labor data released Friday. 224,000 jobs were added in June, according to the Bureau of Labor Statistics report, about double the number economists predicted.…

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Ohio’s Unemployment Rate Drops to 4.4 Percent from February to March

Ohio’s state unemployment rate is at an 18 year low even after General Motors closing down its Lordstown factory. The Buckeye state’s unemployment dropped from 4.6 percent in February to 4.4 percent in March. The last time Ohio’s unemployment reached 4.4 percent back was in August of 2001. Despite this…

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Economist Cautions Against ‘Spending Increases’ After Ohio Jobs Report Shows ‘Conflicting Trends’

Ohio’s monthly jobs report released this week showed that while the state saw a loss of 7,900 private sector jobs, the unemployment rate fell to 4.6 percent. According to a press release from the Ohio Department of Job and Family Services, the unemployment rate dropped from 4.7 percent in January…

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Report: Ohio Job Growth Strong in 2018

Friday, Ohio’s private economic development corporation, JobsOhio, released their annual report for 2018. The report assessed current projects,  jobs created, jobs maintained, and lastly, capital investments. By these metrics, 2018 appeared to be a strong year for Ohio. However, there are qualifiers to their findings. Overall, by JobsOhio assessment, the organization…

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Steve Cortes Commentary: The U.S. Economy Is Proving Critics Wrong Yet Again

by Steve Cortes   The booming U.S. economy is proving the Democrats wrong yet again — liberals keep predicting a recession, but businesses just keep on hiring. According to the recently published data from the Department of Labor, nonfarm payrolls surged by 304,000 jobs in January, nearly doubling the 165,000 jobs that…

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Ohio Jobs Report: A Strong Year Ends on a Dismal Note

While 2018 was, overall, steady for job growth, the year ended on a sour note for the Buckeye State. The Ohio jobs report for December 2018 has been released and it appears to have been a disappointing month. While unemployment remained at an unchanged 4.6 percent from November to December,…

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As US Economy Swells, Ohio Gets Left Behind

2018 was one of the best economic years for America in decades. The coup de grâce came in December with a jobs report that shattered the most generous expectations by more than double. 312,000 new jobs were added to the US economy. While unemployment rose slightly, this was primarily due to…

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Ohio Proves Resilient as the Partial Government Shutdown Marks Its Second Week

With no end in sight to the partial-government shutdown, federal workers nationwide are adjusting to the possibility of an extended shutdown. While many areas of the country are heavily impacted, Ohio is poised to weather this storm. In a new report published Thursday, Ohio was revealed to be one of the…

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The Most People in Nearly 20 Years Quit Their Jobs for Better Ones in 2018

by Tim Pearce   Roughly 2.4 percent of the Americans in the workforce quit their jobs in the past year, the fastest rate since 2001, according to the Bureau of Labor Statistics (BLS). The BLS’s most recent version of the Job Openings and Labor Turnover Survey (JOLTS) found that an…

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Commentary: Illegal Immigration Hurts Black Americans Most

Tennessee Star

by Spencer P. Morrison   In the 19th century, savvy American saloon-owners offered free lunches to attract noontime patrons. Inevitably, the diners would get thirsty and buy expensive drinks—thus was born the expression, “there’s no such thing as a free lunch.” Despite its humble origins, the phrase captures a deep…

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‘Don’t Screw Us Over,’ Ohio Workers Warn Candidates

by Ramon Taylor   Brandy Corwin likes that she can now wear makeup and nice clothes to work. That is because she is no longer working on the assembly line at the General Motors plant in Fort Wayne, Indiana. “I was laid off multiple times, and having a family, you can’t…

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Jobless Welfare Claims Near a Five-Decade Low

by Tim Pearce   The number of Americans claiming unemployment insurance fell unexpectedly in late September after economists anticipated destruction from Hurricane Florence to hold claim numbers steady. The number of unemployment filings edged back toward the lowest rate in nearly five decades. The four-week moving average fell to the lowest rate since…

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Robots Will Continue to ‘Take Jobs,’ and Humans Will Continue to Create More

robot automation

by Joseph Sunde   Given the breakneck pace of improvements in automation and artificial intelligence, fears about job loss and human obsolescence continue to consume the cultural imagination. The question looms: What is the future of human work in a technological age? Innovators such as Elon Musk and Bill Gates have done their share…

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Tennessee Adds 45,000 Jobs Over Past Year

Handshake deal

Tennessee’s unemployment rates remain low and the state added 45,000 jobs the past year, the National Federation of Independent Business said. According to the March 2018 numbers from the Tennessee Department of Labor and Workforce Development, 82 of the state’s 95 counties saw lower unemployment rates that month than they…

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