Some Good News About Cleveland

[Commodore Perry]

Here are October's unemployment stats:

US Average: 10.2%
Ohio Average: 10.5%
Cuyahoga County: 8.6%


It looks like the Cleveland area is going to make it through the deepest recession since the Depression with an unemployment rate consistently 1-2 points BELOW the national average.

You ask the average Clevelander how the area is doing right now, and they'll tell you that Cleveland is one of the worst economies in the nation, right behind Detroit. But its not. We're actually doing pretty well, relatively.

This is proof that Cleveland is making a major turnaround, its too bad its barely being reported. This is one of those inconvienent facts that doesn't fit into the local media's consistently negative story line about our great city.

http://www.crainscleveland.com/article/ ... /911249986

[FUDU]

Here are October's unemployment stats:

US Average: 10.2%
Ohio Average: 10.5%
Cuyahoga County: 8.6%


It looks like the Cleveland area is going to make it through the deepest recession since the Depression with an unemployment rate consistently 1-2 points BELOW the national average.

You ask the average Clevelander how the area is doing right now, and they'll tell you that Cleveland is one of the worst economies in the nation, right behind Detroit. But its not. We're actually doing pretty well, relatively.

This is proof that Cleveland is making a major turnaround, its too bad its barely being reported. This is one of those inconvienent facts that doesn't fit into the local media's consistently negative story line about our great city.

http://www.crainscleveland.com/article/ ... /911249986

Major turn around?
How exactly, b/c of 2 unemployment % points?

Judging by how many cars were on the highway today I'd say our unemployment should be at about 1%.

[peeker643]

I think it means all the people who fled were jobless before they left.

[jfiling]

From the link:

That document shows the city of Cleveland had a 10.5% unemployment rate in October, and the city of Akron had a 10.4% jobless rate.

The surrounding county may be in decent shape, but the city itself is still a mess. Akron is in the same boat, although Summit County is doing worse overall than Cuyahoga.

[Commodore Perry]

Major turn around?
How exactly, b/c of 2 unemployment % points?

Judging by how many cars were on the highway today I'd say our unemployment should be at about 1%.

Those numbers might not be jaw dropping, but in the realm of economic statistics they are a major accomplishment.

Cleveland, with its large manufacturing base, has often had unemployment levels far higher then the national average, in boom times and in recessions. To have an unemployment rate well under the national average is a major acheivement for Cleveland's economy.

It shows that diversification away from manufacturing is working. I haven't seen the statistics broken down, but I'd bet having all those health care jobs is starting to pay off.

[Commodore Perry]

I think it means all the people who fled were jobless before they left.

This is good news. Accept it. This is fact, and it proves the perception of Cleveland is far worse then the reality.

[Commodore Perry]

From the link:

That document shows the city of Cleveland had a 10.5% unemployment rate in October, and the city of Akron had a 10.4% jobless rate.

The surrounding county may be in decent shape, but the city itself is still a mess. Akron is in the same boat, although Summit County is doing worse overall than Cuyahoga.

Very true. But the city of Cleveland, like most core cities in major metropolitan areas, has a very large percentage of uneducated and unskilled workers who traditionally have very high unemployment rates. To still be that close to the national average is impressive.

For example, while the Detroit metro area has an unemployment rate of 17.3%, the city of Detroit itself has a rate of nearly 30%.

[Shadow Scars]

All this proves is that there's is no one left in Cleveland to be jobless in the first place.

[FUDU]

Major turn around?
How exactly, b/c of 2 unemployment % points?

Judging by how many cars were on the highway today I'd say our unemployment should be at about 1%.

Those numbers might not be jaw dropping, but in the realm of economic statistics they are a major accomplishment.

Cleveland, with its large manufacturing base, has often had unemployment levels far higher then the national average, in boom times and in recessions. To have an unemployment rate well under the national average is a major acheivement for Cleveland's economy.

It shows that diversification away from manufacturing is working. I haven't seen the statistics broken down, but I'd bet having all those health care jobs is starting to pay off.

Are you talking about all those health care jobs that are never going to materialize due to this city's failure to close on the medical mart deal?

[Commodore Perry]

Major turn around?
How exactly, b/c of 2 unemployment % points?

Judging by how many cars were on the highway today I'd say our unemployment should be at about 1%.

Those numbers might not be jaw dropping, but in the realm of economic statistics they are a major accomplishment.

Cleveland, with its large manufacturing base, has often had unemployment levels far higher then the national average, in boom times and in recessions. To have an unemployment rate well under the national average is a major acheivement for Cleveland's economy.

It shows that diversification away from manufacturing is working. I haven't seen the statistics broken down, but I'd bet having all those health care jobs is starting to pay off.

Are you talking about all those health care jobs that are never going to materialize due to this city's failure to close on the medical mart deal?

Nope. I was refering to the 192,800 medical jobs in the Cleveland Metro area that were the reason it made sense to bring a medical mart here in the first place.

With a competent county government that number could have been higher.

[FUDU]

Major turn around?
How exactly, b/c of 2 unemployment % points?

Judging by how many cars were on the highway today I'd say our unemployment should be at about 1%.

Those numbers might not be jaw dropping, but in the realm of economic statistics they are a major accomplishment.

Cleveland, with its large manufacturing base, has often had unemployment levels far higher then the national average, in boom times and in recessions. To have an unemployment rate well under the national average is a major acheivement for Cleveland's economy.

It shows that diversification away from manufacturing is working. I haven't seen the statistics broken down, but I'd bet having all those health care jobs is starting to pay off.

Are you talking about all those health care jobs that are never going to materialize due to this city's failure to close on the medical mart deal?

Nope. I was refering to the 192,800 medical jobs in the Cleveland Metro area that were the reason it made sense to bring a medical mart here in the first place.

With a competent county government that number could have been higher.

A shame that it appears we are gong to fuck that one up as well.

[mistero]

Cleveland Clinic and UH have not laid anyone off. They both are adding thousands of employees in 2010. Not to mention the hundreds of construction jobs generated by the constant expansion. I know my department is getting a new high rise built in 2010-2011. How many jobs will that add...800?

[jb]

The chonically unemployed drop out of these stats.

Just sayin'.

[Stu]

Cleveland Clinic and UH have not laid anyone off. They both are adding thousands of employees in 2010. Not to mention the hundreds of construction jobs generated by the constant expansion. I know my department is getting a new high rise built in 2010-2011. How many jobs will that add...800?

A friend of mine at UH told me they just laid off roughly 100 people.

[mistero]

Not to dispute...because I work at the other place, but PD just had a story with UH adding a ton of jobs. Maybe it's the old restructuring non-essential outdated jobs two step??

[jb]

Cleveland Clinic and UH have not laid anyone off. They both are adding thousands of employees in 2010. Not to mention the hundreds of construction jobs generated by the constant expansion. I know my department is getting a new high rise built in 2010-2011. How many jobs will that add...800?

A friend of mine at UH told me they just laid off roughly 100 people.

A friend of mine said management gambled away the payroll for the jobs at Gilbert's new casino.

[e0y2e3]

Heh.

I love this thread.

[jb]

http://blog.cleveland.com/metro/2010/01/cleveland-cuyahoga_county_port_7.html

A quiet tidbit, but a big step.

[Commodore Perry]

Well even Plain Dealer is begrudgingly reporting Cleveland's decent performance during this recession. I think this is much more then a mere "glimmer" of hope as they report.

This is a fundamental shift in our economy that is going to bring good things to Cleveland.



http://www.cleveland.com/business/index ... ly_tr.html

[Commodore Perry]

More evidence that the perception of our economy is worse then the reality.

There are still major issues to be solved, but things are actually getting better in Cleveland.

http://www.cleveland.com/business/index.ssf/2010/11/greater_clevelands_recovery_ra.html

[Commodore Perry]

Some national recognition... Cleveland an economic model to follow.

http://www.latimes.com/news/nationworld ... full.story

The story unfortunately breaks down into a boring and old argument over whether Dems or Repubs can take credit for something they had nothing to do with. But when politicians are fighting over credit, you know something good is going on.

[Commodore Perry]

I expect this stat to be met with savage local resistance, but...

Cleveland has the 10th lowest unemployment rate in the U.S. and the lowest in Ohio, among major cities.

http://www.clevelandnewsblog.com/2011/12/cleveland-10th-lowest-unemployment-rate-nation/

Frankly I think this is a very exciting time to be a Clevelander. Too bad so many want to hold on to the worldview that Cleveland is an awful place to be.

[Orenthal]

We are approaching some potential in Cleveland. The problem is and always will be inept political and business leadership. While it seems someone has woken up mayor Jackson, I'm still caustiously optimistic.

Can't wait to land an accounting job at the Cleveland Casino. Dan GILBERT!

[Spin]

Those numbers also don't include the people who ran out of Obama extensions and don't receive unemployment anymore.