Outsourcing-related jobless aid tumbles: Report on Ohio credits jobs in manufacturing
Posted October 16, 2012 in Press Releases
The number of Ohio workers awarded federal aid because their jobs were shipped overseas or lost to imports tumbled to a six-year low in 2011, according to a report released yesterday.
A turnaround in manufacturing was given at least some of the credit for the improvement.
The report found that aid for 3,103 workers was approved in 2011 under the Trade Adjustment Assistance program, down from at least 14,000 workers in each of the previous three years and the lowest since 2005, Policy Matters Ohio said in the report.
The report’s author, Hannah Halbert, said she was surprised at the 78 percent decrease last year.
“To see this kind of drop is great news for the state,” she said, especially given that Ohio has lost 320,000 manufacturing jobs since 2001.
There was not only a big decline in the number of workers who received help last year, but also a drop in the number of companies they worked for