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JOBS Act Passes U.S. Senate, Several Amendments Opposed by Small Business Leaders

The National Small Business Association applauded the Senate for bipartisan passage (73-26) of the JOBS Act late last week. Although not identical to the House-passed version, the amended Senate bill will, without question, positively transform the ability of small businesses to raise capital and help companies generate sustainable economic growth and jobs.

“There is a direct correlation between job growth and small-business owners’ ability to garner financing,” stated NSBA President and CEO Todd McCracken. “This is the right bill at the right time, and we applaud the Senate for moving beyond partisan politics to pass this very important legislation.

Small Business & Entrepreneurship Council (SBE Council) president & CEO Karen Kerrigan issued the following statement upon U.S. Senate passage of the JOBS Act:

“Startups and high-potential businesses have been plagued by a capital chasm since the financial crises, and the JOBS Act offers several reforms to help entrepreneurial firms at their various stages of growth and development. We would prefer that the crowdfunding provision be less onerous and complex, and feel the Securities and Exchange Commission has been given to much rein from a regulatory perspective (Reed amendment). Still, the Merkley amendment to H.R. 3606 was an improved measure from the original Senate bills. We applaud President Obama for his support of this initiative, as well as the bipartisan collaboration in Congress that made this legislation possible,” said Kerrigan.

According to Kerrigan, the final product will be a powerful package with significant benefits for the small business community. Other reforms contained within the JOBS Act will help small businesses access and accelerate their growth in the public markets. Inflexible and costly rules impeding the growth of promising enterprises are properly addressed in H.R. 3606, allowing these firms to more efficiently scale up while freeing up more resources for investment and job creation.

“A strong entrepreneurial ecosystem depends on access to capital. Freeing up new sources of capital – as the JOBS Act will do – will strengthen our nation’s small business sector, and add to their job creating capacity,” added Kerrigan.

Majority Leader Eric Cantor (R-VA) said the U.S. House would vote on the Senate amended package early next week.

However, prior to the Senate vote, Kerrigan stated opposition to both the Reed and Merkley amendments for the following reasons:

“The Reed Amendment (#1931) proposes a significant policy change that will burden small businesses with new and costly Security and Exchange Commission (SEC) registration and compliance burdens. The intent of H.R. 3606 is to help jumpstart and encourage entrepreneurship, small business growth and investment – not drive up their costs. The Reed Amendment eviscerates Section 601 of the legislation for community banks, which means they would be deprived of the opportunity to raise capital. That means less lending to the communities and small businesses they serve.

“The Merkley Amendment (#1884) unnecessarily restricts the potential of crowdfund investing. The Amendment imposes excessive costs and burdens on small issuers, provides for unfettered regulatory activity by the SEC, and is too restrictive and complex when it comes to setting and defining investment limits. For example, audit requirements in the Amendment represent a significant barrier to entry (a “crowdfunding tax”) that many promising and eligible small businesses will not be able to afford. Why require an audit for the smallest of firms when a CPA review would do? With respect to SEC oversight, the Amendment goes overboard in granting the agency profound authority. The potential for regulatory intrusiveness is a major concern, particularly as the SEC has not demonstrated a consistent record of action in responding to the concerns of small businesses. SBE Council believes the $1 million cap in the Amendment is too low, and the caps on individuals are far too complex.”

If the amended JOBS bill is passed by the House, it is still expected more small businesses and start-ups will get the adequate funding they need, more jobs will be created, and a healthier pro-business environment will be created.

Passage of JOBS Bill a Win for Small Business

The U.S. House of Representatives today overwhelmingly approved (390:29) the Jumpstart Our Business Startups Act (JOBS Act), sending a strong message to small business: we support you. The NSBA-supported JOBS Act—which is a compilation of six bipartisan bills—will promote and facilitate entrepreneurship and new business formation by making it much easier to raise capital and get new ideas off the ground.

“The bipartisan efforts to move this bill forward are laudable, and ought to serve as an example of the kind of lawmaking we need,” stated NSBA President Todd McCracken. “We hope the Senate will move quickly and expeditiously on the measure.”

By providing certain exemptions from the more restrictive requirements of U.S. securities law, the JOBS Act will positively transform the ability of small businesses to raise capital and alleviate the disproportionate burden of compliance they face. Specifically, the legislation will create a crowdfunding exemption allowing a company to raise up to $2 million and provide greater leeway for seeking investment online through a preemption of state blue sky laws—a critical component to ensure the affordability of capital formation through crowdfunding.

The bill also substantially reduces the cost barriers posed by the initial move to being a public company and will therefore increase the access of smaller companies to the public securities market. The number of initial public offerings (IPOs) has declined considerably in recent years in large measure due to the increased costs of going and staying a public company.

“There is a direct correlation between access to capital and job growth—when capital flows more freely, small businesses add new jobs,” stated NSBA Chair Chris Holman, CEO of Michigan Business Network.com and President of The Greater Lansing Business Monthly. “The JOBS Act will make raising capital much easier for many small businesses, a win for small business and the U.S. economy.”

Weighing in on Pre-Game Football Prayers at Texas High School, Rutherford Institute Advises Officials to Respect Student-Led Prayers

(El Paso, Texas) — In a letter to school officials at Bowie High School, which has come under fire recently for its tradition of having a pastor lead the football team in a pre-game prayer, John W. Whitehead, president of The Rutherford Institute, cautioned Bowie’s principal against ending all prayers before football games, particularly student-led prayers. As Whitehead pointed out, although the Establishment Clause limits government-sponsored religious speech, the First Amendment still fully protects student-led religious speech.

“Too often, the Establishment Clause of the First Amendment is erroneously interpreted to mean freedom from religion, rather than freedom of religion,” said attorney Whitehead. “Those who subscribe to the notion that society should be free from religion tend to use the principle of a separation of church and state as a bludgeon to eradicate religion from the public sphere. On the other side are those, like The Rutherford Institute, who believe that the First Amendment provides for freedom of religion and that the so-called ‘wall of separation between Church and State’—a term coined by Thomas Jefferson—was intended to refer to a wall placed around the church in order to protect it from any government interference with its rights to religious freedom.”

School officials at Bowie High School, which is part of the El Paso Independent School District (EPISD), recently received a threatening letter from the Freedom from Religion Foundation, a Wisconsin-based organization claiming “to promote the constitutional principle of separation of state and church.” The group threatened Bowie with legal action unless the school ceases its practice of having a local pastor lead the football team in a pre-game prayer. The letter was reportedly prompted by a complaint arising over a 2010 YouTube video showing the Bowie High School football team in prayer.

Asked to weigh in on the matter by members of the community, constitutional attorney John Whitehead of The Rutherford Institute wrote a letter to Bowie High School’s principal, Dr. Jesus Chavez, explaining that while it is not easy navigating the waters between the First Amendment’s Free Speech/Free Exercise and Establishment Clauses, there are still viable options available to those who wish to exercise their First Amendment rights within the schoolhouse gates. In making his case for the legality of student-led prayers, Whitehead pointed to U. S. Supreme Court jurisprudence, as well as guidelines from the Department of Education on “Prayer in Public Elementary and Secondary Schools.” Quoting the Supreme Court’s ruling in Santa Fe Indep. Sch. Dist. v. Doe, Whitehead noted that”nothing in the Constitution prohibits any public school student from voluntarily praying at any time before, during, or after the schoolday.”

Louisiana Children and Louisiana Church Schools Are Not Caesars!

By Gene Mills

Gov. Bobby Jindal released the details of what the Wall Street Journal has called “the most significant and sweeping education reform in American history.”

The Constitutional charge answered in the Gov. Jindal Education Reform revisits the original goal of public education enumerated in Article 8 of the Louisiana Constitution: “The goal of the public educational system is to provide learning environments and experiences, at all stages of human development, that are humane, just, and designed to promote excellence in order that every individual may be afforded an equal opportunity to develop to his full potential.”

The moral imperative “to train a child in the way he should go” is respected in Gov. Jindal’s Education Package and answers, in part, the injustice of unequal opportunities. Dr. Wayne Grudem in Politics According to the Bible called “the permanent economic underclass, created by a lack of educational skills resulting in reduced earning capacity for life”—one of the greatest moral issues of our day!

Today, Louisiana spends $3.41 billion dollars on K-12 education, local government throws in another $2.5 billion and the Federal government adds to that equation with over $2 billion more. That’s nearly $9 billion spent annually to “educate” roughly 700,000 children, achieving the unfortunate 2011 ALEC national ranking of 49th in Achievement/Performance.

Gov. Jindal’s reform only addresses roughly $1 billion of the MFP that is directed toward currently failing schools. Forty-four percent of Louisiana public schools have received a D or F letter grade by operating a school where two-thirds of their students are at or below grade level.

To be certain, the breakdown of the traditional family is central to the educational predicament that Louisiana schools find themselves in. Reconciliation of the parent-child relationship, especially with regard to the “educational, moral, ethical, and religious training…and the discipline of the child” is foundational to any long-term solution.

For decades, educators of all varieties have heralded the need to involve and engage parents in their children’s education. Gov. Jindal’s Education Package finally proposes just that and more efficiently than any reform currently proposed.

Some voices, such as Melissa Flournoy of LA Budget Project, have echoed opposition. Central to their argument is the mistaken belief that “public financing of private education requires ‘accountability and testing’ similar to that which burdens the public system.” On the surface, that cry appears reasonable, but opposition and appearances are designed to redirect.

Accountability does exist in private sector education though: Parents decide success and failure in private education, and parents exercise their God given authority to direct the educational options for their child rather than an unrelated third party “expert” who specializes in systems. According to Gov. Jindal’s proposal, testing requirements exist too. Students who receive the scholarship program will be subject to the same LEAP test previous counterparts are subject to. The separation of children from state control is central to the individual success and the brilliance behind Gov. Jindal’s proposal!

Missing from the calls for “private–school accountability” is the moral reason why we are having this debate–the chronic failure of the current education system to fulfill its constitutional and moral responsibility to Louisiana children. Private education does not share its public counterpart’s history of decades of public funding, or perpetual shortfall. In fact, when a private school fails, it quickly liquidates and goes out of business.

When a public school fails, it gets a letter grade, a very recent development, a four- year grace period and time to organize its lobby, unions and some employees to obscure the “facts of their failure.” Unfortunately, when a school fails, the taxpayers don’t get a refund, parents don’t get zip code restrictions lifted, and the children still earn a 180-day sentence to keep appearing at their “failing” school.

I am of the impression that the cries for accountability and testing are a “poison pill” designed to cripple the Jindal education reform package. No church-run school would or should adopt the onerous and unproductive edicts, mandates, standards, test, philosophies, fees or red tape that so-called “accountability” imposes.

At worst this package of bills to some “big government bureaucrats” is a unique opportunity to pull a “hostile takeover” of religious and private education. The cry for “accountability” is misdirected. It is designed to stop “choice” or takeover private schools, but neither objective will receive the support of Louisiana’s faith community.

Gov. Jindal’s fact sheet spells out his plan. Lawmakers will be asked to consider the children not the systems of old.

  • The money follows the child.
  • The accountability and testing follows the money-directly to that child.
  • Private Institutes remain private.
  • Public education innovates to compete.
  • Gov. Jindal’s education plan is deserving of our support. It’s time for the opposition to stand down while parents, pastors and principled policy makers fix this mess.

    Gene Mills is president of Louisiana Family Forum, an organization committed to defending faith, freedom and the traditional family in the great state of Louisiana.

    Spring Has Sprung” Healthy Families 5K Run/Walk, March 17th in Xenia

    The Greene County Healthy Lifestyles Coalition is holding the 3rd annual “Spring Has Sprung” Healthy Families 5K Run/Walk on Saturday, March 17 at the Greene County Combined Health District in Xenia. This event will benefit the Greene County Healthy Lifestyles Coalition, part of the Greene County Combined Health District, whose mission is to provide and promote healthier lifestyle choices in Greene County. This event is designed to encourage healthy lifestyles in Greene County and bring families of all fitness levels together for a fun event, even for those who have never participated in a 5K event before. And this year, as the race is on St. Patrick’s Day, participants are encouraged to “go green” and celebrate in style from head to toe!

    Registration and check-in will begin at 7:30 a.m. at the Greene County Combined Health District in Xenia with the pet- and stroller-friendly run/walk beginning at 9:00 a.m. The course features a flat terrain in and around the Xenia area beginning and ending at GCCHD beside Greene Memorial Hospital. A special race for little ones, ages 5 and younger, will feature a 1 lap race around GCCHD beginning at 8:30 a.m. After the 5K, healthy refreshments will be provided and participants can visit with the various sponsors of the event.

    Schools and businesses are encouraged to participate. The school or business with the most race participants will win a plaque. Schools, businesses or individuals registering a team of 10 or more may be eligible to receive a discount on race fees. Interested groups should call Laurie at 937-374-5669 for more information.

    Medals will be awarded to the top 3 male/female in each of 12 age categories and a grand prize will be awarded for the top male/female overall.

    The cost for the 5K is just $15.00 per person prior to March 9, which includes an event t-shirt. After March 9, the cost is $20.00 per person. You can register online at www.active.com or visit www.gcchd.org to print, complete and mail in or drop off your registration with your payment to the Greene County Combined Health District located at 360 Wilson Drive in Xenia.

    Current confirmed partners for this event include WHIO-TV 7, Greene County Parks & Trails, WSU Mini University, Classic Country Radio WBZI, Farmers Insurance, Trophy Sports, Juice Plus, Cardiologists of Greene County LLC, Old Fort Banking, Lofino’s, KeySports, The Greene County Dailies, and XWARN.

    For questions or further information about the 5K, please contact Laurie Fox, Development Coordinator, at 937-374-5669 or by email at lfox@gcchd.org.

    UN Security Guards Confiscate Pro-Life Literature from Students

    By Wendy Wright

    (NEW YORK – C-FAM) Youth attending a UN conference on women’s issues this week say UN security officers confiscated their backpacks after discovering pro-life literature.

    The confiscated materials were petitions to “Stop Sexualizing Children,” and were connected to a UN approved workshop led this week by Dr. Miriam Grossman, a child psychiatrist and author of “You’re Teaching My Child What? A Physician Exposes the Lies of Sex Education and How They Harm Your Child.”

    The offending flyer announced a project called the “Girls Coalition to Protect the Health and Innocence of Children,” which is an ad hoc group that sponsored the Grossman event. At the panel, girls from China, Spain and Mexico launched a petition calling on UN agencies to “Stop Sexualizing Children.” They charge the UN’s promotion of “comprehensive sexuality education” is harmful to children.

    The young people insist they were not leafleting, which is forbidden on UN property, though it is routinely ignored. The young students left UN grounds to make more copies. Upon their return they were stopped by UN security.

    One of the students, Kalli Lawrence, said that the guards noticed the group’s distinctive green backpacks and then ordered the students to hand them over. “The guards had this confused, angry look on their faces,” she reported, “and they started telling all the security guards, ‘don’t let any of these yellow papers go through, just take them all and keep them.’”

    The green backpacks and literature were stored in lockers at a security checkpoint. Students and their teachers were allowed to retrieve some of the backpacks as they left UN property. According to teacher Jody Dunn, some of the backpacks were not returned, those that contained a pro-life documentary called “180”. Dunn then insisted and those backpacks were returned also.

    Pro-lifers have long felt the sting of selective enforcement of UN rules. Kali Lawrence said, “They didn’t stop anyone else that we could see passing out flyers.”

    Upon questioning by the Friday Fax, the security officer in charge at the time said guards don’t “target” items. He went on to say they were not allowed to discuss policies or procedures.

    Observers speculate that someone connected to Commission organizers complained to UN security. At the Cairo conference on Population and Development in 1994, without any evidence, former US Senator Timothy Wirth told UN security that a certain pro-lifer was a violent threat. The person was detained and deported.

    Alliance Defense Fund attorney Piero Tozzi told the Friday Fax, “The UN cannot censor speech it does not agree with. Both the Special Rapporteur for Freedom of Expression and the Human Rights Committee have recently emphasized the need to protect this fundamental freedom. Why then is speech by respectful, clean cut kids on a topic vital to keeping young people healthy being censored at the UN?”

    The Universal Declaration of Human Rights states, “Everyone has the right to freedom of opinion and expression; this right includes freedom . . . to seek, receive and impart information and ideas through any media and regardless of frontiers.”

    Wendy Wright is Interim Executive Director at the Catholic Family & Human Rights Institute, a New York and Washington DC-based research institute. Her article first appeared in the Friday Fax, an internet report published weekly by C-FAM and is republished here with permission.

    Jerusalem: Ultra-Orthodox Men Suspected of Attacking 70 Yr Old Women Who They Thought Was a Missionary

    According to a report in Haaretz (February 29), “Police suspect that a group of ultra-Orthodox men brutally attacked a 70-year-old woman in her home in Jerusalem’s Nahlaot neighborhood on Monday, apparently believing her to be a Christian missionary. The victim spoke to Haaretz from Hadassah University Hospital, Ein Kerem, last night. She said that her attackers accused her of hosting secular, non-Jewish women in her home. The incident occurred on Monday evening around 9 P.M. A number of men in ultra-Orthodox garb forced their way into the woman’s apartment in the Haredi neighborhood. They tied the woman’s arms and then punched her on her body. The victim said the beating lasted half an hour, and that the intruders also vandalized her home before disappearing. She said the men stole her cell phone and computer. The woman, who lives alone, was left on the floor with a broken ankle, a shattered and bleeding hand, a swollen face and internal bleeding. The victim said that, just before the attackers started to pound her, they accused her of hosting secular women. She said that she holds such meetings to teach these women about Judaism. ‘I try to move them closer to Judaism,’ she explained yesterday. ‘The house looked as though there had been a pogrom in it,’ said Nahum Bernstein, a volunteer police worker who was one of the first on the scene. ‘It was shocking. We found an elderly woman tied on the floor, with bruises on her face, a fractured hand and a broken ankle.’ He said the woman was very confused, but managed to indicate that the attack had religious motivations. Jerusalem police searched the area after the incident. They are continuing their investigations.”

    Source: Caspari Media Review, March 8, 2012.

    The Historical Reality of the Muslim Conquests

    By Raymond Ibrahim

    Because it is now almost axiomatic for American school textbooks to whitewash all things Islamic (see here for example), it may be useful to examine one of those aspects that are regularly distorted: the Muslim conquests.

    Few events of history are so well documented and attested to as are these conquests, which commenced soon after the death of the Muslim prophet Muhammad (632) and tapered off circa 750. Large swathes of the Old World—from the India in the east, to Spain in the west—were conquered and consolidated by the sword of Islam during this time.

    By the standards of history, the reality of these conquests is unassailable, for history proper concerns itself with primary sources; and the Islamic conquests are thoroughly documented. More importantly, the overwhelming majority of primary source materials we rely on do not come from non-Muslims, who might be accused of bias. Rather, the foremost historians bequeathing to posterity thousands of pages of source materials documenting the Islamic conquests were not only Muslims themselves; they were—and still are—regarded by today’s Muslims as pious and trustworthy scholars (generically, the ulema).

    Among the most authoritative books devoted to recounting the conquests are: Ibn Ishaq’s (d. 767) Sira (“Life of Muhammad”), the oldest biography of Muhammad; Waqidi’s (d. circa. 820) Maghazi (“Military Campaigns [of the Prophet]”); Baladhuri’s (d. 892) Futuh al-Buldan (“Conquests of the Nations”); and Tabari’s (d.923) multi-volume Tarikh al-Rusul wa al-Muluk, (“History of Prophets and Kings”), which is 40 volumes in the English translation.

    Taken together, these accounts (which are primarily based on older accounts—oral and written—tracing back to Muhammad and his successors) provide what was once, and in the Muslim world still is, a famous story: that Allah had perfected religion (Islam) for all humanity; that he commanded his final prophet (Muhammad) and community (Muslims) to spread Islam to the world; and that the latter was/is to accept it either willingly or unwillingly (jihad).

    It should be noted that contemporary non-Muslim accounts further validate the facts of the conquests. The writings of the Christian bishop of Jerusalem Sophronius (d.638), for instance, or the chronicles of the Byzantine historian Theophanes (d.758), to name a couple, make clear that Muslims conquered much of what is today called the “Muslim world.”

    According to the Muslim historical tradition, the majority of non-Muslim peoples of the Old World, not desiring to submit to Islam or its laws (Sharia), fought back, though most were eventually defeated and subsumed.

    The first major conquest, renowned for its brutality, occurred in Arabia itself, immediately after Muhammad’s death in 632. Continue reading

    Top 10 Things About Ohio’s Demographic Changes and Immigration Politics

    Ohio experienced slow population growth over the past decade, with a growth rate of 1.6 percent from 2000 to 2010—far below the nationwide average of 9.7 percent. Yet this minimal growth rate concealed striking demographic changes. While Ohio’s white population has declined since 2000, Hispanic and African American populations in the state increased.

    See the facts below about how Ohio’s emerging communities of color significantly impact the state’s electoral landscape, and the economic obstacles they face.

    1. Latinos and African Americans propel Ohio’s population growth. From 2000 to 2010 the percent of Hispanics in the state increased by 1.2 percent to a total of 355,000 residents, and the percent of African Americans in the state grew by 0.7 percent. During these years, the percent of non-Hispanic white residents in the state declined by 2.9 percent. Hispanics accounted for an astonishing 55.9 percent of the state’s total growth from 2000 to 2009.

    2. People of color now make up a substantial portion of Ohio’s population. In 2010 close to 20 percent of the state’s population was nonwhite. In that year 12.2 percent of the state’s population was African American, 3.1 percent was Hispanic or Latino, 2.1 percent was of mixed race, and 1.7 percent was Asian American.

    3. One-quarter of Ohio’s children are nonwhite, meaning that these demographic shifts will become even more apparent as time goes on. In 2008, 23.2 percent of all children in the state were nonwhite. By 2010 nonwhite children were 25.7 percent of Ohio’s children.

    4. In 2008 the support of Ohio’s nonwhite voters helped then-Sen. Barack Obama (D-IL) to narrowly defeat Arizona Sen. John McCain (R). Though only 46 percent of Ohio’s white voters cast their ballots for Sen. Obama in 2008, an overwhelming 97 percent of African American voters supported the future president. Nonwhite voters brought Sen. Obama a victory in the state’s tight race, where he beat Sen. McCain by just four votes.

    5. In such a competitive swing state, every vote counts. According to the Pew Research Center, there are 140,000 eligible Hispanic voters in Ohio—the 18th-largest Hispanic eligible-voter population nationally. In 2010 there were 897,000 eligible African American voters and 55,000 eligible Asian American voters in Ohio.

    6. Anti-immigrant bills are emerging in the state. In 2011 Butler County Sheriff Richard K. Jones, State Sen. Tim Grendell, and State Rep. Courtney Combs fought to place an Arizona-style anti-immigrant law on the ballot. Though support for the law polled at 45 percent while opposition polled at 35 percent, the law failed to meet the requirements needed to be placed on the ballot.

    7. On the other hand, one city in Ohio is actively recruiting Latino immigrants. Dayton, Ohio, which has been struck by decades of economic decline, started the “Welcome Dayton” campaign in 2011 that encourages immigrants to come and feel like a part of the community while they help pull the city out of its economic malaise by growing small business and building up neighborhoods that have been ignored for years.

    8. Ohio’s restrictive voting law creates new hurdles for voters, threatening to reduce already low voting levels among individuals of color. The omnibus elections law passed in 2011 makes voter registration more difficult by eliminating Ohio’s weeklong period of same-day voter registration, reducing the state’s in-person early voting period by two-thirds to 11 days from 35 days, and forbidding county election boards from sending out absentee ballots or return-paid absentee ballot applications. In 2010 only 43.4 percent of adult African American citizens, 29.3 percent of adult Hispanic citizens, and 38.5 percent of adult Asian American citizens voted in the 2010 election, compared to 45.9 percent of whites.

    9. Individuals of color in Ohio—particularly Hispanics and African Americans—face extreme economic hardship. In 2010 the median income levels of Hispanics and African Americans in Ohio were substantially lower than those of Asian Americans and non-Hispanic whites. The median income of African Americans in that year was $27,172, and the median income of Hispanics was $33,178. These levels are less than 70 percent of the median income in that year for non-Hispanic whites—$48,334—and slightly more than 50 percent of the median income of Asian Americans—$62,426. In 2007, a year when 11.9 percent of Ohio’s population was black, only 5.8 percent of firms in Ohio were black-owned.

    10. African Americans and Hispanics in Ohio are hit hard by unemployment. While Asian Americans in Ohio had an unemployment rate of only 4.1 percent in 2010—lower even than the 6.5 percent unemployment rate of whites—the Hispanic unemployment rate in that year was 9.2 percent. Unemployment rates for African Americans and individuals of mixed race were nearly twice as high as those of non-Hispanic whites in that year, at 12.7 percent and 12.2 percent respectively.

    Vanessa Cárdenas is the Director for Progress 2050 and Angela Maria Kelley is Vice President for Immigration Policy and Advocacy at the Center for American Progress.

    This article was published by the Center for American Progress (online)

    Ohio Unemployment Drops to 7.7% in Janaury

    By Daniel Downs

    The Ohio Labor Market Review reported a drop in unemployment from 7.9% in December to 7.7% in January. The national unemployment also dropped two tenth of a percent (8.3%) in January. Employment gains were seen primarily in the service sectors and good producing industries.

    The number of new jobs in the service sector included 6,800 leisure and hospitality jobs, 6,000 in education and health services, 5,300 in business related services, 3,200 new trade, transportation and utilites jobs, 2,400 in financial services, 100 in government, and 2,400 more jobs in other industries. The construction industry added 6,200 jobs and manufacturing 1,400 new employees. I’m sure new schools, new or or renovation of health facilites, and military and other government facilities increased the demand for a substantial number of the new construction workers.

    The Labor Market Review also reported a decline of weekly pay ($11.18/wk) and hours worked (.6/hrs) by factory employees.

    Overall, Ohio employee weekly benefits increased slightly by $4.27

    Like the nation, Ohio has a long way to go before reaching pre-recession levels of employment. The 2006 unemployment rate was 5.4% and it was 4.0% in 2000. It took nealy over 3 years for the unemployment rate to reach the current rate of 7.7% from its peak of 10.1% in 2009. Hopefully, the current momentum will shorten the time it will take to reach the 2006 rate. However, many–if not most–of the government stimulated jobs will have come to end.