Economy

September 21, 2020 by Quenton King
Ohio Researchers Show How Solar Could Help Turn Around Appalachian Economy

Energy News Network - Coal’s downturn has taken a toll on Appalachian Ohio, but solar power could be one step on a potential path forward as the region’s economy tries to rebound. Read full article. A recent analysis by Ohio University suggests that utility-scale solar projects could create tens of thousands of jobs and billions…

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September 11, 2020 by WVCBP
Appalachia Coalition Creates Blueprint for Sustainable, Equitable Future

Allegheny Front - A coalition of progressive environmental and policy groups has an economic plan for the Ohio River Valley of Appalachia — including Southwestern Pennsylvania, Kentucky, Ohio and West Virginia. ReImagine Appalachia breaks away from traditional fossil fuel extraction, and relies on federal stimulus dollars to build a sustainable economy with an eye towards racial equality…

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September 10, 2020 by Kelly Allen
Statement: Republicans’ “Skinny” COVID Relief Package Failed to Pass Senate. Urgent Need Remains for a Plan that is Proportionate to Magnitude of Crisis

For Immediate Release: September 10, 2020 Contact: Kelly Allen, 304-612-4180 Charleston, WV - Today a Republican-proposed COVID relief package failed to pass the U.S. Senate. While West Virginia's communities desperately need additional relief, the provisions included in this legislation were far too meager to meet the immediate and ongoing needs of West Virginia families, many of whom…

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September 5, 2020 by Sean O'Leary
All Rosy? Step Away from the Budget Kool-Aid

Beckley Register-Herald - Gov. Jim Justice and state Revenue Director Dave Hardy would have you believe, by evidence of a press briefing this past Thursday where each gushed about buckets of cash on hand and revenue collection improvements year over year, that the West Virginia economy is resurgent and so filled with goodness that fish…

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August 19, 2020 by Sean O'Leary
West Virginia’s Job Recovery Weakened in July

West Virginia's economy added only 200 jobs in July, according to the monthly jobs report from Workforce WV, after adding 35,600 in June. West Virginia's overall jobs picture has been heavily skewed the past two months due to the temporary hiring of poll workers for June's primary election. Government jobs increased by 11,200 in June,…

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August 12, 2020 by Sean O'Leary
Half Baked Executive Orders Are No Substitute for a Real COVID-19 Relief Package

Last month Congress let emergency unemployment benefits expire, despite ongoing record levels of unemployment and a weakening economic recovery. While the U.S. House of Representatives passed a substantial relief bill in May that would have extended the enhanced unemployment benefits through the end of the year, the Senate was unable to come to an agreement.…

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August 4, 2020 by Sean O'Leary
What Does West Virginia’s Revenue Picture Tell Us About the Economy?

Yesterday, Governor Justice held a press conference to provide an update on the state's fiscal situation at the start of the 2021 fiscal year (FY) and the ongoing impact of the COVID-19 pandemic. According to the governor, West Virginia is starting FY 2021 with a $243.9 million surplus, and ended FY 2020 with a $23…

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June 2, 2020 by Sean O'Leary
The CARES Act is Keeping the Economy Afloat, But for How Long?

April was one of the ugliest months for jobs and the economy in history, both nationally and here in West Virginia. The national unemployment rate increased by 10.3 percentage points, with all 50 states experiencing an increase. West Virginia's unemployment rate rose to 15.3%, while the state lost over 90,000 jobs. Yet despite the fact…

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September 3, 2019 by Ted Boettner
Misusing Data on West Virginia’s Economic Recovery

While West Virginia has experienced positive job growth over the last two years, it is imperative that we don't use employment data incorrectly so we can have a full understanding of how West Virginia's economy is rebounding.  Unfortunately, the WV Chamber of Commerce keeps misusing employment figures to overstate West Virginia's economic recovery. And even worse,…

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