.@NYTimes Covers Oil and Gas Led Resurgence in Ohio #rsrh

Ohio’s unemployment rate in July was 5.7 percent, well below the national average of 6.1 percent. That’s a sharp reversal of the situation four years ago, when unemployment in Ohio hit 10.6 percent, significantly above the country’s overall jobless rate at the time, as manufacturers here and elsewhere hemorrhaged jobs. In the Youngstown area, the jobless rate in July was 6.7 percent, compared with 13.3 percent in early 2010.

“Both Youngstown and Canton are places which experienced nothing but disinvestment for 40 years,” said Ned Hill, a professor of economic development at Cleveland State University. Now, “they’re not ghost towns anymore. You actually have to go into reverse to find a parking spot downtown.”

http://www.nytimes.com/2014/09/09/business/an-energy-boom-lifts-the-heartland.html?smid=nytcore-iphone-share&smprod=nytcore-iphone&_r=3&referrer

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