Thursday, July 26, 2007

Dayton's Emplyment Woes Lands the County Third in National Job Decline

Dayton Daily News:
Montgomery County is third among the top four counties nationwide to have the largest decline in fourth-quarter employment levels from 2005 to 2006, according to a report Wednesday by the Bureau of Labor Statistics.

The county, however, also saw a 6.4 percent increase in the average weekly wage during that same time, according to the report.
...
According to the BLS report, Montgomery County in fourth quarter 2006 saw a 6.4 percent increase from 2005 in the average weekly wage, when it had a 0.5 percent decrease in the average weekly wage.

Montgomery County's average weekly wage for the fourth-quarter 2006 was $828, up from $777 in the fourth quarter of 2005.
For once the paper doesn't editorialize a conclusion... I wonder why... The conclusions I draw don't look so good for the liberal/socialist agenda that the paper pushes.

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Teradata HQ Coming to Miami Valley

WDTN reports:
Officials say they're building the foundation for technology in The Dayton Region.

Monday, company executives and public officials broke ground for Teradata, an NCR spin-off that specializes in data warehousing.

Teradata headquarters will be located on 741 in Miami Township and officials say it will bring high paying jobs to The Miami Valley.

Lieutenant Governor, Lee Fisher said, "We want Dayton and The Dayton Area to be world-class leaders in technology, and Teradata is known around the world. And, we want people to say Teradata is an Ohio company."

Fisher says Teradata's decision to stay in Ohio was a coup for the state.

He said, "I have no doubt that when the world sees that Teradata has chosen Ohio over other states to be their world class headquarters, they're going to look at Ohio more seriously."

Officials say the decision to remain in The Dayton Region means employees won't have to deal with the stress of relocation.

Teradata Vice President, Bob Fair, said, "We'll be able to spin out and start our own new company with zero distractions to the employee base. So, we get a jump start on going out and growing the company even faster."

When finished, the building will be two stories high and cover 40-thousand square feet.

Teradata hopes to move its 250 employees to the new building by the end of the year.
This is excellent news for the Miami Valley, which has been struggling in the job market. The Dayton area has a long tradition of excellence in technology and innovation and it appears that there is a commitment to keep it that way.

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