Source:
Plain DealerPosted by Frank Bentayou February 20, 2008 18:46PM
Categories: Breaking News
The more than 209,000 non-farm jobs Ohio lost from 2000 to 2007 comprised the largest proportionate decline in employment since the end of the Great Depression, a national manufacturing trade group said Wednesday.
Employment dropped by 3.7 percent, the biggest seven-year drop since the period starting in 1939, near the end of the Depression and including the years the U.S. military absorbed millions of American workers to fight World War II...
McMillion, also in Washington, said Ohio lost 23.3 percent of its manufacturing sector jobs, or 236,000 positions, over the recent seven years. Some other sectors gained jobs. It was a period, he said, of markedly lower capital investment in domestic industrial capacity in Ohio and throughout the nation.
It was also a period, he said, when American consumers and the government borrowed $10.3 trillion, "what should have been a tremendous stimulus," but it scarcely helped American workers.
DISAPPEARING JOBS
A report released Wednesday shows that 13 metro areas in Ohio saw manufacturing employment plunge from 2000 to 2007:
Springfield: -46.9 percent
Sandusky: -36.5 percent
Steubenville-Weirton, W.Va.: -31.4 percent
Dayton: -31.2 percent
Lima: -30.7 percent
Canton: -30.6 percent
Youngstown: -27.3 percent
Mansfield: -25.7 percent
Cleveland: -25.2 percent (48,800 jobs)
Columbus: -24.4 percent
Toledo: -22.6 percent
Cincinnati: -18.4 percent
Akron: -17.5 percent (10,000 jobs)
SOURCE: American Manufacturing Trade Action Coalition
Read more:
http://blog.cleveland.com/business/2008/02/ohio_job_losses_worst_since_ww.html
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