Factory Jobs In Ohio Are In Default
Jobs in Ohio are in a thinning-out transition, or so it seems for many who have already lost their main source of income in this small but historically significant mid-west state. For many years Ohio jobs have been abundant in technology, health care, retail and some light manufacturing. Big firms like Cardinal Health , Kroger, Procter& Gamble and Macy’s are Ohio’s largest Fortune 500 companies that employed thousands of Ohioans are now downsizing their workforce.
Since the start of the economic crisis, Ohio’s unemployment rate has accelerated to a bursting 10.8% percent and still climbing as of October 2009. Even the casinos are not shelteredfrom the economic slump; expendable income has evaporated from Ohio patrons as well as penny-pinching tourists-mainly middle class Canadians. Although Canada’s economy did not contract as intensely as the U.S., Canada still contracted in the volume of cross border tourists that either worked illegally in the U.S. or visited on purely tourism agendas.
Before the economic crisis which many economists argue began in the summer of 2007, Canada contributed to Ohio more than 592,000 visits to Ohio and parted with $130 million dollars of their disposable income in Ohio tourism. Canada’s economy appears to be a significant factor in Ohio’s recovery in the Mid-West region. The mutually beneficial bilateral trade of 34 billion dollars by most accurate state statics has begun to slowly slide as there are fewer and fewer buyers of Ohio goods and services in Canada.
Another negative impact of the U.S. economic crisis has been “downsizing”; or what is commonly known as categorizing people and whole company divisions as “redundant” and “non-essential”. Ohio has suffered the brunt of downsizing in its transportation and shipping sector. Ohio for decades has been seen as a Midwest transportation hub for finished products , the assembly of semi-finished products, and the shipment nationwide and globally of these products. Ohio with it s many railway lines, rivers, efficient interstate highways, and many regional airports is able to facilitate trade like no other Mid-West state. However, once again the economic crisis has downsized many shipping businesses. Most recently 10,000 employees of shipping company DHL( a subsidiary of Germany’s Deutsche Post) were laid off in the small town of Wilmington Ohio.
Other lesser known shipping companies in Ohio from mom-and-pop owned shippers to mid-sized trucking companies have either had to lay-off employees or let them go altogether because of the free-fall in trade in the U.S. and globally. Ohio jobs are directly dependent on shipping of goods abroad and the importing of foreign goods as well. Take into consideration Jobs in Columbus Ohio , a college town where there has been fierce competition for both skilled and unpaid job openings because of the whole downsizing of mid-sized and large companies. In addition to the shipping industry weakening, the light manufacturing sector in Ohio are now moving overseas to India and China where there are a lack of Unions to demand higher wages and expensive safety practices for workers who on average are making 1/6 of what the American worker was making –and without company sponsored health benefits.
Some companies actually receive tax credit for moving their manufacturing production overseas. This tax loop-hole has irked many Ohio residents who can find a job with their industry specific certifications in manufacturing and engineering. The result; India and China, who produce more engineering graduates per capita than the U.S. have been the main beneficiaries of the Global economic crisis. These two countries have sucked out more manufacturing contracts from the Midwest United States. Whereas Canada is Ohio’s main customer, India and China are Ohio’s main competitors in the fight to keep manufacturing facilities and jobs in Ohio. The great paradox of this article is that about 170,000 Ohioans work for foreign companies with production facilities located in various small cities of the state, like Columbus, and Cleveland.
Ohio job losses are expected to be increasing through fiscal year 2010. There is no clear gauge in determining when the national U.S economy will recover and contribute to increases in the transport of goods which Ohio’s transport economy desperately needs, and whether the trend of outsourcing manufacturing facilities to India and China will continue even during a healthy recovery.In addition, the recovery in Canada may clearly be the recovery pill that particularly North East Ohio needs for tourism dollars and the export of finished goods from Ohio to Canadian consumers and businesses.
Ohio is entering a new economic phase without an economic “claim to fame”; once known as the rubber capital of the world Because of Goodyear tires were manufactured in North East Ohio-but nolonger, major sectors of the Ohio economy are diminishing in relevance, with the exception of technology which has been resilient enough to loose just a few jobs. As the unemployment rate increase across the state, so accelerates the political pressure on Ohio’s Governor’s office to create an effective economic recovery mandate for job creation and investment in Ohio that will secure a steady recovery, not a quick recovery but a recovery where new competitive sectors in the economy will be created or old sectors reinvested for modern competitiveness.
One unappreciated technology sector has been the stay-at-home job, which has been especially appealing to stay-at-home-mothers and unemployed fathers who have answered the query on behalf of American companies that hire part-time employees that can conduct accounting and customer-support correspondence remotely from home–and using technology. The alternative for most American companies that could not afford to send management to India to operate a call-center is to outsource the project to individuals qualified to manage company assets remotely from their home computer stations. These online jobs and virtual office opportunities for Ohioans will eventually increase but not fast enough to be an independent sector of new employment but rather a niche market possibly classified under “technology jobs”.
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