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Recession over but it doesn\'t feel like it to Ohio workers | Ohio politics
 

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Recession over but it doesn’t feel like it to Ohio workers

The economic recession is officially ended but Ohio continues to struggle with high unemployment and job losses, according to the latest monthly financial report from the state’s Office of Budget and Management.

The state’s unemployment rate slipped to 10.1 percent in September compared with 10.8 percent in August, but state officials estimate that many Ohioans have given up actively looking for work, which means they aren’t counted as unemployed.

What’s more, the median duration of unemployment hit a record high of 18.7 weeks. Between 1967 and 2007, Americans out of work typically went jobless for 7.1 weeks at a time. And of those unemployed in October, 55.1 percent said they were on permanent lay off. That figure is much higher than the 40-year average of 33.9 percent being on permanent layoff.

In September, 5,900 Ohioans lost their jobs. And between October 2008 and September 2009, Ohio lost 258,200 jobs, including 14,700 in the Dayton area.

Another indicator of tough economic times is Ohio’s Medicaid caseload, which now stands at 2.01 million. The state and federally funded program provides health insurance for aged, blind and disabled Ohioans as well as low-income families. September, when 22,211 more people were added, marked the 21st consecutive month of growth in the Medicaid caseload in Ohio.

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Comments

By worried

November 16, 2009 9:02 AM | Link to this

They say we are now hiring but when u go into these stores like Walmart,Kmart,Target,or any other dept. store when u are ready to check out u can’t find anyone around or there are alot of empty checkout lanes so what’s the deal???

By Jay

November 15, 2009 9:45 AM | Link to this

Now wait one Minute you Know when the Liberal Media says there is a recession or not were supposed to Believe them, Just like the Dumb a-s voters did in the Election of the Fake President now does every body understand

By Bubbs

November 12, 2009 9:21 AM | Link to this

The recession is not over,and won’t be untill the gas prices come down,the health care gets better,and one can buy a car and pay for it in three Years.And we get some jobs here in America.HELLO…

By Pete

November 12, 2009 8:36 AM | Link to this

Recession isn’t over, not gonna be anytime soon either. As long as BHO & his Liberal A$$H* friends are in power, we’ll be mired in this for a LONG, LONG time.

By springfield

November 12, 2009 6:26 AM | Link to this

There are plenty of jobs in this area but they require an EDUCATION? When do you find time or money working three seven dollar an hour jobs to feed the family and live.

By Gregg Nicholl

November 12, 2009 6:17 AM | Link to this

Who believes these lies anymore? I can visit a clent one month and they seem to be fully staffed, return two months later and half the cubicles are empty and stuff is boxed up. This scenario has been repeated over and over. Soon there won’t be any clients and I will join the ranks of the adultered statistics. Recession over? LOL.

By Lenin

November 12, 2009 6:02 AM | Link to this

A lie told often enough becomes the truth. -Lenin Jim Jones would be so proud of all of the Kool-Aid drinking perpetuated by the media.

By Concerned

November 12, 2009 1:21 AM | Link to this

Declaring the recession to be over in current economic times is like declaring you won the lottery without buying a ticket. Third quarter numbers are a fraud due to the cash for clunkers program. You will NOT see those same numbers in the 4th Qtr. Either in Ohio or anywhere else in the USA.

By Seriously?

November 11, 2009 8:11 PM | Link to this

Someone needs to clue Laura in about economics. The recesion is not over regardess of the happy spin and green shoots that she may be smoking. We are actually in a depression. Unemployment #’s are underreported and the jobs will not come back. This would be an excellent time to store food, precious metals and ammo.

By R U Kidding

November 11, 2009 6:09 PM | Link to this

You know if I were still employed, able to write lame titles about the recession being over, or able to keep printing money only for China to come and cash in on me, I’d probably think the rexession is over too. It’s easy to say that when you have a JOB and know you’re still getting a PAYCHECK!

By null

November 11, 2009 5:06 PM | Link to this

You are right that the manufacturing jobs are gone; however, that should come as no surprise to anyone. We have lost manufacturing jobs as the companies that offered them have closed up or left town. There are plenty of jobs in this area but they require an EDUCATION. Too many folks in this area have put off getting a meaningful education that would lead to gainful employment. This is not going to get better folks, get busy, make a better life for yourself. Parents, you need to be talking to your kids now about their future. The choices they make now will impact them the rest of their lives. I work with high school kids. If I hear one more time that they will get serious when they graduate, I am going to scream.

By The Chief

November 11, 2009 4:55 PM | Link to this

The difference between a recession and a depression is if you’re still employed it’s a recession but if you’re one of the 18% unemployed it’s a depression.

By wake up ohio leaders

November 11, 2009 4:47 PM | Link to this

This is a sham,,You cant replace a 60k factory job with a 25k restaurant job. We need leaders in public service and companys to work together to create jobs here in the state instead of shipping them overseas..and we need to all stand up and say enough is enough!!

By wake up ohio leaders

November 11, 2009 4:46 PM | Link to this

This is a sham,,You cant replace a 60k factory job with a 25k restaurant job. We need leaders in public service and companys to work together to create jobs here in the state instead of shipping them overseas..and we need to all stand up and say enough is enough!!

By R U Kidding

November 11, 2009 4:41 PM | Link to this

This recession is far from over. There are still companies announcing layoffs And people have not given up looking for jobs. THE JOBS AREN’T THERE!Try applying at the GM moraine plant or NCR and tell me how that goes. Not to mention no one has taken their place. And Behr isn’t hiring. They provided a decent starting wage at one point. Instead of writing this article you may want to watch the news.

By R U Kidding

November 11, 2009 4:39 PM | Link to this

This recession is far from over. There are still companies announcing layoffs And people have not given up looking for jobs. THE JOBS AREN’T THERE!

By CommonSense

November 11, 2009 3:47 PM | Link to this

Try telling the people without jobs that the recession is over. Too many manufacturing jobs are gone forever.

By Milt

November 11, 2009 3:00 PM | Link to this

The recession may be over but the government is continuing to print money. This is why gold is rising and the dollar is dropping. When inflation hits us on the rebound we might as well sell our souls to China.

By kontender

November 11, 2009 2:37 PM | Link to this

great comment earl i couldn’t have said it better myself. I don’t see how they say the recession is over show me the numbers that make that statement true.

By kontender

November 11, 2009 2:37 PM | Link to this

great comment earl i couldn’t have said it better myself. I don’t see how they say the recession is over show me the numbers that make that statement true.

By earl

November 11, 2009 1:54 PM | Link to this

The recession is over? It isn’t folks! Last quarter’s reported economic growth was only a temporary bump caused by the feds dumping borrowed money into the private sector. It is analogous to dumping buckets of water into a water barrel with a hole in the bottom. The water rises only temporarily.

By what??

November 11, 2009 1:46 PM | Link to this

Is the recession over if you are unemployed ? Wait until the state runs out of stimulus money. The future increases in medicaid matching funding mandated by Congress will guarantee large tax increases in Ohio.

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