ODP Report: 1,087 Ohio Companies Shut Down or Had Mass Layoffs under George W. Bush

by: Todd Hoffman

Mon Sep 29, 2008 at 18:12


1,087 Ohio Companies Shut Down or Had Mass Layoffs under George W. Bush, Costing More than 180,000 Ohio Jobs
83 of Ohio's 88 Counties Hit by At Least One Shutdown/Layoff

Since 2001, 1,087 factories and companies in Ohio have shut down or had mass layoffs due to the failed Republican policies in Washington - an average of one shutdown or mass layoff in Ohio every 2.5 days, a new report revealed today. Read the report at www.ohiodems.org/economicpain.

These 1,087 shutdowns/layoffs cost 180,264 Ohioans their jobs - an average of 61 jobs lost each day for eight straight years. Many of these jobs were shipped from Ohio to China, Mexico, India, and other low-wage countries.

Todd Hoffman :: ODP Report: 1,087 Ohio Companies Shut Down or Had Mass Layoffs under George W. Bush
The new study, called "Ohio's Eight Years of Economic Pain, 2001-08," also found that 83 of Ohio's 88 counties-- a staggering 94 percent-- experienced at least one company shutdown or layoff since 2001.

The study is one of the most comprehensive to date and was released by U.S. Senator Sherrod Brown (D-OH), U.S. Congressman Tim Ryan (D-OH), and Ohio AFL-CIO President Joe Rugola. Both publically-available and private data sources were used in the analysis.

"Wrong-headed trade agreements have betrayed Ohio's middle class families and devastated our communities," Brown said.  "Our current trade policy rewards companies that ship jobs overseas and forces businesses at home to close.  Ohio can't afford four more years of Bush-McCain-style of trade. A new direction for trade isn't just sound policy for Ohio, it's good business."

Ohio AFL-CIO President Joe Rugola said, "John McCain has a 25 year track record of voting against working men and women and their families. That's why organized labor in Ohio is working so hard for Barack Obama. He represents the real change Ohio and America needs and he will be a true friend to working families everywhere."

The study is a joint project of the Ohio Democratic Party and the Ohio Campaign for Change. For a copy of the full study, go to www.ohiodems.org/economicpain.

OVERVIEW OF REPORT FINDINGS

• Since George W. Bush took office in 2001, 1,087 Ohio factories and companies shut down or had mass layoffs, resulting in 180,264 Ohio workers losing their jobs.

• That's an average of one Ohio plant closing or mass layoff every two and a half days and 61 job losses each day - for eight straight years.

• 83 of Ohio's 88 counties (94%) experienced at least one plant closing/mass layoff since 2001.

• John McCain has a long record of failing to protect Ohio jobs, including voting for NAFTA, CAFTA, and other unfair trade deals; voting against providing workers advance notice of plant closings; supporting overseas outsourcing efforts; and undermining programs designed to retrain workers.

• At least 286 individual Ohio cities have faced at least one plant shutdown or mass layoff. Ohio's larger cities - historically the heart of its manufacturing base - have been hit hard by the failed GOP policies, with 58,724 jobs lost due to 324 plant closings or mass layoffs.

• Smaller cities in Ohio - generally with a less diverse economic base-- are hit relatively harder by job losses or mass layoffs than are larger cities. In fact, cities with populations between 5,000 and 25,000 have lost a total of 64,189 jobs due to 362 plant closings or mass layoffs.

• More than 78,000 workers from over two dozen labor unions lost their jobs in Ohio due to 365 company shut downs or mass layoffs - that's 43 percent of the total job loss during that same time.

Read the report at www.ohiodems.org/economicpain.

Todd Hoffman
Director of Internet Operations
Ohio Democratic Party


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