Displaying items by tag: jobs

It hasn't exactly been a secret that Lt. Gov. Mary Taylor is planning a run for Governor. But she officially launched her campaign Friday in a City Club Forum in Cleveland. She joined Jasen on Monday to talk about the campaign and her ideas on the opiate crisis, jobs, and education.

Published in Jasen Sokol
Monday, 16 November 2015 10:03

More Jobs Coming To NEO

A recent report out shows that around 640,000 job will be available in Northeast Ohio over the next decade. More than 120,000 of those openings will be new jobs. 

The nonprofit organization, Team Northeast Ohio, found that the jobs openings are expected by 2025 due new job creation and turnover.

Although sale and administrative positions lead the expected job openings, Greater Akron Chamber president and CEO Dan Colantone says the opportunities will be diverse.

"You have a lot of different sectors of the economy that are going to see retirements and you're going to see opportunities in so many different fields," said Colantone.

Colantone says companies, big and small, need to make connections with local colleges and vocational schools to attract the younger workforce and keep them in Northeast Ohio.

"While we're addressing the workforce needs, while we're trying to attract business, while we're trying to keep the business here, we also have to have a livable community."

Click here to view the full Team Northeast Ohio report.

Published in Local

The University of Akron announcing a three-year plan to address financial concerns...and that means some 40-million dollars in budget cuts that'll cut 215 non-faculty jobs and end UA's baseball program.

UA vice president for advancement Larry Burns says that the nine month budget process ended up out of balance.

"And as we looked into the budget, it became clear that we had a 60 million dollar difference in balancing the budget," Burns tells WAKR.net. "So, that was a major concern, a lot of debt that the university has."

 

 Burns says the baseball program ended up on the cutting block because the University of Akron can't afford needed renovations to the baseball facilities.

"Our baseball facility, you might know, needs a great deal of capital investment, that the university is not in a position to do," Burns tells WAKR's Sam Bourquin.

Also ending, non-academic programs at E.J. Thomas Hall that aren't rented to outside providers. And dining services will be outsourced.

The 40-million dollars in cuts are part of a plan to close a projected 60-million dollar deficit. The rest would come from recently announced student fees and projected enrollment growth by the third year of the plan.

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(University of Akron) University of Akron (UA) President Scott Scarborough announced today a three-year plan to address the university's significant financial challenges.

The plan was drafted following a 9-month review and analysis of University finances. Leadership of the Faculty Senate, the campus chapter of the American Association of University Professors, and a representative of department chairs, participated weekly in the budget process that led to the development of the plan.

"The University of Akron's future is bright, but first we need to fix its finances," President Scarborough said. "Our review indicates UA has a $60 million financial problem, and we have developed a three-year plan to solve that problem."

The plan protects the University's core academic mission, its quality, and its connectedness to the community and the region it serves. It reduces University expenses by $40 million, raises graduate tuition and undergraduate fees by $10 million, and projects profitable enrollment growth in the third year of the plan by $10 million.

UA Board of Trustees Chair Jonathan Pavloff said, "These actions reinforce our ability to invest in those things that move our University forward on the path to significance and strength."

The $40 million of expense reductions include the following:

Eliminating 215 positions via a planned reduction in workforce. No faculty layoffs are occurring.
Eliminating baseball.
Eliminating non-academic programming in EJ Thomas Hall, except for rentals.
Outsourcing dining services.
Renegotiating healthcare plans.
Increasing the cost share of retiree dependent coverage.
Changing the University's retire/rehire policy.
Centralizing course scheduling.
Reducing central costs, such as legal fees and University memberships.

"The most painful but necessary reduction is the abolishment of filled positions," said Scarborough. Affected employees will be notified later this month, after the University ensures it has complied with all applicable government regulations and contractual agreements.

"We are working hard to ensure that our colleagues whose positions will be eliminated are shown the respect and courtesy they deserve," Scarborough said. "We owe them our thanks and appreciation for their years of service to the University."

The University's financial plan and budget funds new college strategic plans, leverages UA's historic strengths, funds new initiatives to grow future revenue streams, and includes funds to maintain and enhance academic quality consistent with its goal of becoming a great polytechnic university like Georgia Tech and Virginia Tech.

In a message to campus, Scarborough said, "We know that the next few weeks will be tough. After that, we will refocus our efforts on the mission ahead—to become a great public university for all of Northeast Ohio and the world."

Published in Local