Four straight months and counting: Greater Cleveland yet again lost more jobs than any metro area in the country, the Labor Department reported Monday. In fact, the Cleveland-Elyria-Mentor metro area was the only one of the 37 large metro areas posting a decrease in employment between August 2012 and August 2013. Greater Cleveland lost 7,900 … Continue reading
Economics correspondent Paul Solman revisits Lincoln Electric, a welding manufacturing company based outside Cleveland, Ohio. Through its use of merit-based profit-sharing and a no-layoff policy, the firm is an unlikely Rust Belt success story that hasn’t laid off anyone for financial reasons since World War II. PAUL SOLMAN: A bright light in Rust Belt America: … Continue reading
Hiring is in high gear at the Horseshoe Casino Cleveland, set to open in May with 1,600 new dealers, bartenders, servers, cashiers and other workers. Officials with developer Rock Gaming and operating partner Caesars Entertainment say the hiring process in Cleveland foreshadows what happens in Cincinnati. The Horseshoe Casino Cincinnati is set to start hiring … Continue reading