Tuesday, July 27, 2010

Ohio! Tops at Being the Worst!

Ok, maybe that shouldn't be a motto at Ohio's Travel & Tourism Office.

But with all the different rankings out there showing just how bad things are in Ohio, it's frighteningly accurate.

After all, everything is relative. If you aren't beating your neighbor, you're losing.

And in Ohio's case, we seem to be the pipsqueak on the of the gym floor of economic success.

Two new rankings highlight Ohio's deficiencies.
Portfolio.com and bizjournals have developed a nine-part formula to analyze state-by-state employment trends. The formula uses U.S. Bureau of Labor Statistics data for the latest five-year period (May 2005 through May 2010), focusing on raw and percentage changes in private-sector employment, as well as unemployment rates.
In their scoring of Employment Rankings, Ohio sits in 45th. Ugh.

Then we have a new ranking from US News and World Report that gauges the best and worst places to build a nest egg.
As workers throughout the country struggle to rebuild their savings, it's clear that not all states are created equal. With that in mind, U.S. News created an index to measure which states are the best—and worst—for Americans who are saving for retirement. We've looked at each state's housing market, unemployment rate, per capita income, and taxes to get a sense of where Americans are most likely to be able to tuck away money for their nest eggs.
Where's Ohio? Dead last.

With rankings like these, is it any wonder no one buys what Ted Strickland is selling?

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