Old AmrapinVA

Cleveland MSA recovery is getting stronger: November (prelim) year-over-year job growth was 1.2%: about 12000 jobs added. October (final) year-over-year job growth was 1.1%: about 11000 jobs added. Those are the strongest months reported so far for 2010. In comparison, Ohio posted y-o-y job growth of 0.1% for Oct. and Nov. Cleveland's unemployment rate was down .1% at 8.5%, well below the state/national averages of 9.8%. The employement rate is coming down as Cleveland's labor force continues to grow: Nov. '10 is up 15000 people from Nov. '09. Cleveland's economic strength may be spreading throughout in the region: The Akron MSA also posted its' first 2010 y-o-y job growth month in November at 0.1%. up from -1.0% in October. Unemployment hasn't been posted yet for Akron in Nov., it was 9.3% (prelim) in Oct. The good news and momentum continues!

Same goes for people going off topic with personal opinions. ;)

The benefits issue dosen't apply to the Cleveland MSA. The labor force is actually LARGER than in Oct. '09 when unemployment was higher. Cleveland hasn't had negative year-over-year job growth since May. I'm not sure what metric the study is using for "recovery". Comparing June of one year to October of another dosen't make sense because of the seasonal nature of certain employment. Again a simple search of www.bls.gov will find this stuff. Of course the PD is going to be negative without fact checking, it's an awful paper for local economic reporting. It had to be real hard for certain people in that "newsroom" to read the study.

I take back my PD comment. The study makes sense with the BLS numbers. Cleveland's got some momentum. Hopefully it can continue into next year.

The Cleveland MSA had it's 5th straight month of year-over-year job growth in October. October year-over-year job growth was at 1.0%: about 10000 jobs added from October of '09. In comparison, Ohio had a y-o-y growth rate of 0.1%: about 6000 jobs added from October of '09. The job growth in the area has an effect on the unemployment rate: Cleveland MSA's unemployment rate sits at 8.6% down .8% from September. That rate declined despite the fact that the total labor force has grown by about 12000 for the MSA compared to the same month last year. In comparison, Ohio's rate is at 9.9% down .1% from September. The national rate held steady at 9.6%. The Cleveland MSA unemployment rate for October is at the lowest since it was 8.5% in Jan. '09. At that time the state rate was 8.6%, the national rate was 7.7%. It's very positive news for the area. Cleveland is pulling faster out of the recession than the state and the nation as a whole. Shockingly, the PD is quiet about this.

It's not strange at all. What's strange ot me is that the PD dosen't mention that the best performing metro in the 5th best performing state isn't Columbus or Cincinnati but Cleveland. Then again, it is the PD.

Who needs help again? Columbus has added 13000 jobs since the beginning of the year and lost 7000 jobs from Sept. '09-'10. Cleveland has added 39000 jobs since the beginning of the year and added 9000 jobs from Sept. '09-'10. Hell even Youngstown has outperformed Columbus in terms of job creation as a percentage of total jobs for this year. I know it's off topic but it needs to be noted. Things have changed since the major meltdown of the economy in '07-'08. Most Ohio metros are pretty diversified.

The Cleveland MSA posted it's 4th straight month of year-over-year job growth. The longest streak since a 13-month positive growth period from Aug. '05-Aug. '06. June - 0.6% July - 1.0% Aug. - 0.8% (final) Sept. - 0.9% (prelim) About 9000 jobs have been added from the same month last year and about 40000 jobs in total have been added since the beginning of the year. In comparison, statewide about 600 jobs have been added since the same month last year and 15000 since the beginning of 2010.

Youngstown-Warren The Youngstown-Warren MSA has added 3900 jobs since the beginning of the year. The MSA's unemployment rate has dropped like a rock from the beginning of the year too from 13.7% to 11.1%.

According to the the BLS, Cleveland MSA "health and education" jobs have seen a 2-4% monthly increase compared to the same month of 2009. Also, unlike every sector outside of government jobs, this sector grew steadily during the Great Recession and continues to be at all time employment highs. This overcapacity issue the report mentions, while interesting, dosen't seem to be affecting growth now. And the CCF even said it's not having these problems. As usual with the PD, positive stuff is buried and when highlighted is immediately countered. Also, the Cleveland MSA has added 40000 jobs alone this year. The entire state of "almighty job growth" Texas has added only 179000 since the beginning of the year. How is Cleveland limping? The PD sucks.

The Cleveland metro is having a decent rebound in its economy this summer. June year-over-year job growth was revised upward from 0.4% to 0.6%. July year-over-year job growth (preliminary) is at 0.9%. Those figures stand out even more considering that 2/3 of US metros lost jobs on a year-over-year basis in June. Three months of year-over-year job growth: June: 0.6% July: 1.0% August: 0.9% First time Cleveland has had three months of job growth since '06.

That list is pretty entertaining considering Cleveland, Buffalo and New Orleans are either seeing job growth when most of the counrty is not or were never hit nearly as hard as "alive" cities like Los Angeles, Las Vegas, Chicago and Miami by this latest recession. It's as if these lists stopped counting current economic conditions after 2007. What's frustrating is there is no real link to contact these individuals these lists with facts. Of course the list was made to sell the product, not to really inform anyone.

The Cleveland metro is having a decent rebound in its economy this summer. June year-over-year job growth was revised upward from 0.4% to 0.6%. July year-over-year job growth (preliminary) is at 0.9%. Those figures stand out even more considering that 2/3 of US metros lost jobs on a year-over-year basis in June.

How can the reporter say that the employment situation is better in C-bus than elsewhere in Ohio? It still hasn't created jobs on a year-over-year basis which is the only real indicator of recovery. In fact, it was one of the few Ohio metros where June looked worse than May in terms of jobs numbers. Also, the three C's are all diversified economies now. I'd like to tell that reporter it isn't 1970. Cincy and Cleveland are no longer manufacturing heavy. BTW, I'm not slamming C-bus, I'm slamming USA Today. Why even print this, it looks like a PR piece from a realty company.

All that "change" in DC yet it still has large areas of depression era mentality north and east of the I-395/New York Ave. intersection and across the river in Wards 7 and 8. It's just offset by the wealthy areas, mostly represented in Wards 3 and 4. I wish these neighboorhods would change without tearing down existing lots to build luxury condos and forcing the former residents to move to PG county. I know, off topic but it has to be said.

You are right, and that's why I said it was not seasonally adjusted. That being said, the total June jobs numbers are higher than in any month of 2009 so I think it does show that there is a sign of a recovery for the area. Also more jobs have been added in the first 6 months of 2010 than in 2009. What's very interesting is that while construction has rebounded (although still below 2009 levels) it's manufacturing that has really turned itself around. If you look at the 20 year chart, manufacturing in the Cleveland area has been either flat or on the decline for the most part, until this year. The rebound of manufacturing and the steady growth of health care jobs in the area are pushing total jobs numbers up in 2010, when they are still in a decline in most other metros. I'm suprised the Pee Dee hasn't picked up on this. It's a different economic dynamic that isn't being reported. It hasn't been picked up because it doesn't fit the PD's "Cleveland sucks" campaign. I agree with ya. It's just an interesting story even beyond Cleveland. While Ohio is posting very modest job growth for May and June, that growth is coming from a state that has been flipped on its end. Job growth is coming from Cleveland, Youngstown and Toledo while there's yet to be a full rebound in places like Columbus and Cincinnati. I don't know how long this trend will last but it's something not seen in Ohio probably since the 1930's, if ever.

You are right, and that's why I said it was not seasonally adjusted. That being said, the total June jobs numbers are higher than in any month of 2009 so I think it does show that there is a sign of a recovery for the area. Also more jobs have been added in the first 6 months of 2010 than in 2009. What's very interesting is that while construction has rebounded (although still below 2009 levels) it's manufacturing that has really turned itself around. If you look at the 20 year chart, manufacturing in the Cleveland area has been either flat or on the decline for the most part, until this year. The rebound of manufacturing and the steady growth of health care jobs in the area are pushing total jobs numbers up in 2010, when they are still in a decline in most other metros. I'm suprised the Pee Dee hasn't picked up on this. It's a different economic dynamic that isn't being reported.

I'm surprised someone else here hasn't been tracking this: The Cleveland metro's job growth in 2010 is quite strong. Roughly 50,000 jobs have been added since the beginning of the year. In fact, June will be the first month of this year to see monthly year-over-year job growth for the metro, not seasonally adjusted. The unemployment rate is creeping up over 9% again but only because the metro's civilian labor force is growing at a good clip and it looks like people are finding work. http://www.bls.gov/eag/eag.oh_cleveland_msa.htm

I agree about being glad he's owner of the Cavs. Dan Gilbert has wanted nothing but the best for this franchise unlike, say, Larry Dolan. It even took Randy Lerner half a decade to wake up. Ranting letter aside, Dan's been the best owner of a Cleveland pro sports since the Jacobs.

But the supporting cast did get better... a lot better. Lebron James just got worse. Yep. Nobody at ESPN wants to talk about that. He bailed cause he couldn't do it himself. Gilbert still had a point even if he worded it wrong due to the emotional situation: It wasn't that James "quit", it just wasn't the James of '07 or the James who almost singlehandedly took out the C's, who won it all, in '08. Every ESPN "analyst" has seemingly forgotten all of this. He got MVP's for his regular season work but his playoff numbers aren't as impressive as they used to be. Gilbert thinks it's a "master plan", I think he's already peaked. It's interesting that he's already worried about "bad knees", I'm old enough to know that Jordan never talked like this at 25. Still, "worse" for James, is still better than 95% of the league in the post season.

He went out of the way to be vague over the last two years. He has a right to do that but I never got the impression that he wanted to stay the last two seasons. He never made loyalty statements like he did earlier in his carrer. Let's face it, he admitted he needed help. He thought he could take on the world by himself and realized he wasn't good enough. Gilbert has a point in this regard: LBJ of 2007 was a person who slashed the Pistons to death, LBJ of 2010 was a person who stared off into the distance against the Celtics and shot 30%. His playoff performances are getting weaker since 2007. Maybe he knows he's never gonna be as good as he was as well.

http://bleacherreport.com/articles/419381-i-dont-want-to-go-ring-chasing-lebron-james-2006 ESPN the magazine article in '06. Of course this was before the '08 Olympics when "The Decision" was likely made.

Cowherd Guaranteed a Pac-16 too. Just FYI.

But at the end of the day, does it really matter? I mean look at the past two years. Other teams are winning championships and going further in the play-offs without James on the roster. IF CLE has a committed ownership with deep pockets (and I think Gilbert qualifies), then the future can't be that dim. You hit the nail on the head. Even if Miami picks up those three they have garbage on the bench. Even "the Big 3" in Boston added 'Sheed and already have a great PG in Rondo, yet they couldn't pull it off against the Lakers. The sports media isn't asking the obvious question: When 'Bron and Bosh or Bosh and Wade or Wade and 'Bron are sitting, who plays? A team not good enough to win a first round playoff matchup, let alone the Lakers. Beasley is gonna carry them? Give me a break. Sign-and-trade? Outside of Wade (and now Bosh), who on Miami is worth a damn? I think he bolts even though I hope I'm wrong. But those 3, without some serious help, aren't gonna win it. Not with Oklahoma City and Portland waiting in the wings after the Lakers. You need a team with a decent starting 5, a quality big man and a bench. Boston, LA, San Antonio and Detroit had all had three elements. The Miami Heat, even with Wade, Bosh and Bron, do not.

Thanks for the info. I'm assuming these figures are based off of a Boyd Group presentation posted on airliners.net. Playing devil's advocate, I don't see anything here that necessarily helps or hurts CLE. Certainly its yield is in line with other UA/CO hubs for the quarter posted. That being said, IAD has more capacity, a better and larger IAB/FIS facility, lower landing fees, is in one of the fastest growing parts of the nation and has firmly established connections to many cities in Europe and Asia. If I'm looking to reduce overall operations (which is what the merger is all about anyway), I can't help but look at Cleveland and see that Dulles offers more at roughly the same "cost". That being said, there are other operational issues that offset the positives of IAD, like incuring delays due to overhead flow from the SE US airports, etc. that make Cleveland look more attractive. That's why I think CLE has better shot that CVG at hanging round even if it a small hub: ORD and EWR are maxed out operationally and expanding IAD significantly could actually hurt places like EWR even more by creating additional constraints.