Friday, December 17, 2004
Ohio's Unemployment Rises Again
Ohio's Unemployment rate of 6.5% is the highest since 1993. Ohio Public Radio puts it nicely, "There’s more dismal news on Ohio’s unemployment front. The official jobless rate for November is 6.5 per cent, up from October’s rate of 6.4." That means 382,000 Ohioans are out of work. I guess none of 112,000 jobs created nationwide by the Radical Republican tax cuts of 2003 came to Ohio. By the way, that 112,000 jobs created is 194,000 short of what the Radical Republicans and George Bush predicted when they passed the tax "cuts" in 2003. Ohio isn't the only place where things are looking grim. As the Economic Policy Institute notes,
Ohio's Unemployment rate of 6.5% is the highest since 1993. Ohio Public Radio puts it nicely, "There’s more dismal news on Ohio’s unemployment front. The official jobless rate for November is 6.5 per cent, up from October’s rate of 6.4." That means 382,000 Ohioans are out of work. I guess none of 112,000 jobs created nationwide by the Radical Republican tax cuts of 2003 came to Ohio. By the way, that 112,000 jobs created is 194,000 short of what the Radical Republicans and George Bush predicted when they passed the tax "cuts" in 2003. Ohio isn't the only place where things are looking grim. As the Economic Policy Institute notes,
Both the median and average spells of unemployment increased last month, with the average up to 19.9 weeks, the highest level since June. More than a fifth (21.7%) of the unemployed have been jobless for at least half-a-year—this indicator has been above 20% since October 1992, the longest such spell on record.I wonder how many of those 382,000 out of work Ohioans are re-thinking their vote in November?