Business & Economy

A job application with a pen.
Flazingo / Flickr

The latest numbers from state officials show that Ohio's unemployment rate didn't change at all last month.

An Express store at Fiarview Mall in Toronto, Canada.
Raysonho / Wikimedia Commons

Columbus-based Express, Inc. on Wednesday announced plans to close 100 stores around the country, although none of the closures are expected here in Central Ohio.

A new initial trade agreement between the United States and China signed Wednesday brings protections for intellectual property and eased regulations for U.S. exports. China is also setting an ambitious target of purchasing $200 billion in U.S. goods by 2021.

The agreement is bringing relief to Ohio’s soybean farmers, who rely on China to sell roughly one-third of their product.

Amazon distribution center in Groveport, Ohio.
WOSU

Amazon has started hiring more than 1,500 workers for a new distribution center in West Jefferson. 

Updated at 2:07 p.m. ET

A year and a half after launching his trade war against China, President Trump signed a partial truce on Wednesday.

"We mark more than just an agreement. We mark a sea change in international trade," Trump said during a White House signing ceremony. "At long last, Americans have a government that puts them first."

Eastland Mall on South Hamilton Road is part of a new effort to revitalize the South Side.
Adora Namigadde / WOSU

South Hamilton Road on the East Side will start seeing new sidewalks and turn lanes going up over the next two years.

A city worker walks past vacant houses in the Hilltop neighborhood.
Paige Pfleger / WOSU

Columbus has released a comprehensive plan for the Hilltop neighborhood. The nearly 200-page document lays out the history of the area, recent data on everything from employment to schools and housing to crime, and a 27-point plan for its future. 

United Soybean Board / Flickr

Weather and tariffs have created some tough conditions for Ohio farmers and agribusinesses. But they can get some relief through a state program that reduces the interest on the debt they incur for their operations. 

A new Akron startup wants to create a community of people interested in learning about crypto-currency.

Weekly Reporter Roundtable

Jan 13, 2020
President Donald Trump speaks during a campaign rally at the Huntington Center, Thursday, Jan. 9, 2020, in Toledo, Ohio.
Tony Dejak / AP

At a Toledo campaign rally last week, President Trump stated that 2019 was a great economic year for Ohio.

According to the U.S. Bureau of Labor Statistics, though, Ohio lost jobs at its highest rate since 2009, with the manufacturing and mining sectors taking the hardest hit. 

Job growth slowed last month as U.S. employers added just 145,000 jobs. But there was an interesting milestone in Friday's report from the Labor Department. Ninety-five percent of the net jobs added in December went to women.

Updated at 10:53 a.m. ET

Hiring slowed somewhat in December, as U.S. employers added 145,000 jobs. According to the Labor Department, that's down slightly from the three previous months, when employers added an average of 200,000 jobs. But the unemployment rate held steady at 3.5%, matching its lowest level in 50 years.

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