Lorain County jobless rates inflated by Ford downtime
Lorain County July unemployment rose sharply with Elyria at 8.8 percent and Lorain at 11.8 percent while the county stood at 8.2. An Ohio official said Ford downtime likely skewed figures, as Ford plants and Avon Lake workers were on vacation around July 4. If not for the downtime, July would resemble June, signaling near full employment. Manpower Inc. also reports 26 percent of area employers plan to hire this fall and 71 percent expect stable staffing.
MENTIONED IN THIS ARTICLE
Lorain
Lorain County
Elyria
Ohio Bureau of Employment Services
Ford Motor Co
Christine Gallo
Ford
Avon Lake
Ohio Assembly
Gallo
New owners take over Conrail in cautious start
CSX Corp and Norfolk Southern Corp begin to take control of Conrail with a complex plan to dissolve the rail monopoly. They must test networks, finalize labor deals, train staff, and complete terminal and track work before a formal split next year. The three-way deal covers about 45,000 miles and aims to introduce competition in Northeastern markets.
MENTIONED IN THIS ARTICLE
Washington
Conrail
CSX Corp
Norfolk Southern Corp
Union Pacific
South
Ern Pacific
Surface Transportation Board
U.S
CSX
Norfolk Southern
Conrail Board
Congress
Dow tumbles then recovers on Wall Street roller coaster
Wall Street swung wildly as stocks plunged about 300 points then reversed to end 77.76 points lower at 8583.65. The Dow slid as much as 1000 points intraday, rebounded 200 points to close, with fears over Asia turmoil Monica Lewinsky and post bombings in Afghanistan and Sudan weighing on sentiment.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Asia
Monica Lewinsky
U.S
Afghanistan
Sudan
Sandusky to join Amtrak Pennsylvanian route
Amtrak plans to add Sandusky Ohio as a stop on its Pennsylvanian line from Chicago to Philadelphia after a 750000 renovation of the 107 year old depot. Toledo will also become a stop. Sandusky officials say the revival of the vacant 1891 station boosts the market potential.
MENTIONED IN THIS ARTICLE
Sandusky
Ohio City
Amtrak
The
Rail Company
Chicago
Philadelphia
Paul LaClair
Toledo
Ing
Darcy Schee
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Hornblower
Nick Teverbaugh
Daryl Shrum
Winter Park
Colo
Central Mountain
Manpower Inc
Services Business
Bob Haulter
Amsterdam
AFY
Brussels
Frankfurt
Bertie
Hong Kong
Hang Sang
London
Milan
Miran
Paris
Cac
Sydney
ASX
Tokyo
Dow
Niewspa
Dee
Feiad
Te Des Terre
Ss. Rene
Ene Ey
Fom
Hampton House
Terri
Air Capel
Mig
Srey
Fram
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