Saturday, July 20, 2013

JobsOhio's Big Secret





Ohio jobless rate rises to 7.2 percent in June

In my opinion: “Jobs Ohio” May be  using its un-audited public funds to have IRS type of wild parties rather than creating jobs. We won't ever know because of the following laws.


COLUMBUS (AP) – Officials say Ohio’s unemployment rate rose to 7.2 percent in June with a loss of 12,500 jobs, the second largest of any state that month.
The state’s unemployment rate had remained at 7 percent for the previous two months.
The U.S. Department of Labor released the data on Thursday. Unemployment rates increased in 28 states in June, partly because more Americans began searching for work and not all of them got jobs. The government doesn’t count people as unemployed unless they are actively looking for work.
The number of unemployed workers in Ohio in June was almost 413,000, up by about 8,000 compared to May. The state’s rate in June 2012 was 7.3 percent.

JobsOhio is the centerpiece of Kasich's quest to kick-start the economy with a jobs agency more nimble than Development, which was set up in 1959. But JobsOhio should be open to more public scrutiny, not less.
Public money underwrote JobsOhio's creation. Profits from the state's publicly owned liquor monopoly go toward paying off its bonds. It serves a public purpose. Kasich named its board -- a public act.
Auditor Dave Yost has demonstrated admirable restraint but also impressive determination -- given potential political downsides with his fellow Republican Kasich -- in insisting on auditing the agency's books.
Pretty much every newspaper in Ohio has had either a columnist or an editorial blasting the JobsOhio amendment in SB 67 that prevent it from being publicly audited by the State Auditor.  Today’s Toledo Blade editorial titled “Audit JobsOhio

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