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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Jun 04, 2011
Page
3
The May jobs report shows 54,000 new hires and a 9.1 percent unemployment rate, signaling a slower reach toward recovery from the recession. Analysts warn volatility persists with consumer spending and state cuts weighing on growth while gas prices ease.
President Obama toured a Chrysler plant in Ohio as May jobs data showed 54,000 new positions and unemployment at 9.1 percent. He praised the auto industry's rebound and the government’s Chrysler GM bailout, while Republicans criticized his silence on the jobs report.
Tourists on Lincoln Road Mall note rising jeans and T shirts prices as cotton costs surge 20 to 30 percent worldwide. Industry officials cite floods in Pakistan and Australia and freezes in China, with Levi’s and retailers raising wholesale and retail prices. Designers argue impact is less on high end, while basics feel the bite.
Lorain County Engineer announces the Parsons Road Bridge 0435 Replacement in Carlisle and LaGrange Townships begins June 6 2011 and runs about 90 days. EMU Trucking secured the project for 18686250 with funding 89 percent Ohio Public Works Commission and 11 percent County Engineer. Parsons Road closed between S R 301 and Whitehead Road with detour signs posted.
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