Ohio lost more than 70,000 more jobs than initially estimated by the state Department of Job and Family Services, according to revisions made this month. The revisions increased the toll by 38 percent.The estimate was off by 38%? I think I could gather a bunch of monkeys in a room filled with calculators and do a better job estimating economic indicators than Ted Strickland's Administration. And it seems George Zeller may agree with me...
The monthly jobs estimates get revised each year after the state tallies the number of jobs paying into the unemployment-insurance program, but this year's adjustment probably ranks as "by far the largest revision in history," said George Zeller, an economic analyst in Cleveland who puts out weekly reports on Ohio's job situation.And here's the dirty details...
From December 2008 to December 2009, more than 255,000 Ohio jobs disappeared, according to revised, seasonally adjusted numbers. The state now has a bit fewer than 5 million jobs. Ohio had most recently had fewer than 5 million workers in 1993.1993? You mean when Ohio had 441,505 fewer people? And yet, we have just as many people employed as we had then?
Really, Governor? This is what you've let Ohio become?
The worst part is, you don't have a plan to rebound. Instead you want to wait and hope for more federal stimulus dollars to come around.
And what have those stimulus dollars done for our nation so far?
"U.S. companies employed 3.9 million fewer workers in January 2010 than they did one year earlier."
If you will recall, when touting the stimulus, President Obama and his team declared that "a package in the range that the President-Elect has discussed is expected to create between three and four million jobs by the end of 2010 . . . More than 90 percent of the jobs created are likely to be in the private sector."
90 percent of three million jobs would be 2.7 million jobs. Yet we're 3.9 million lower than when we started.
Excuse me if I don't buy what you're selling, Governor.
The fact is this, Ohioans are hurting in ways they haven't for decades. There are few things as important to an individual and his or her family than a job. When you lose your job, or your brother, daughter, or neighbor go on unemployment, you take notice. It's very personal.
With this pain failing to be appeased, voters will be looking for someone to blame. And as Truman said, "the buck stops here". The man in charge. Numero Uno.
Strickland can do his best to deflect blame, but history has proven time and time again that a dissatisfied electorate places the fault on the incumbent.
Governor Strickland is running out of time to satisfy his promise to Turnaround Ohio.