News briefs – Aug. 10

First Posted: 4:58 am - August 10th, 2015 - Views

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STATE MEETING PLANNED – The Home Energy Assistance Program Public Hearing will be held Monday, August 10, 2015 at 10 a.m. The meeting will be held at the Vern Riffe Center, 77 South High Street, in the Room South B&C on the 31st Floor. The Home Energy Assistance Program helps low-income Ohioans meet the needs of home energy costs. During the meeting, the Ohio Development Services Agency staff will take comments regarding the Home Energy Assistance Program 2016 State Plan.

13.4% OF YOUNG PEOPLE OUT OF WORK IN JULY – Generation Opportunity, a national, nonpartisan youth advocacy organization, is announcing its Millennial Jobs Report for July 2015. The data is non-seasonally adjusted (NSA) and is specific to 18-29 year olds:

The effective (U-6) unemployment rate for 18-29 year olds, which adjusts for labor force participation by including those who have given up looking for work, is 13.4 percent (NSA). The (U-3) unemployment rate for 18-29 year olds is 9.0 percent (NSA).

The declining labor force participation rate has created an additional 1.779 million young adults that are not counted as “unemployed” by the U.S. Department of Labor because they are not in the labor force, meaning that those young people have given up looking for work due to the lack of jobs.

The effective (U-6) unemployment rate for 18-29 year old African-Americans is 18.2 percent (NSA); the (U-3) unemployment rate is 16.3 percent (NSA).

The effective (U-6) unemployment rate for 18-29 year old Hispanics is 13.7 percent (NSA); the (U-3) unemployment rate is 9.6 percent (NSA).

The effective (U-6) unemployment rate for 18-29 year old women is 11.2 percent (NSA); the (U-3) unemployment rate is 8.9 percent (NSA).

ASHLAND UNIVERSITY PANHELLENIC COUNCIL RECEIVES ACHIEVEMENT AWARD – Ashland University’s Panhellenic Council has been honored with the Achievement Award from the National Panhellenic Conference. The Panhellenic Council is the governing council for the sororities on the Ashland University campus.

According to Ashley Christman, AU’s assistant director of student life, Ashland University was one of 22 selected for the achievement award out of the more than 672 colleges and universities with a College Panhellenic Council.

“We are so proud of everyone in our community who worked hard to push our organization to success and we are thrilled that we had another very successful year in 2015-2016,” Christman said.

ASHLAND RECEIVES GIFT TO ESTABLISH ENDOWED CHAIR – Ashland University has received a gift from A. Schulman Inc., based in Fairlawn, to complete the establishment of the William C. Zekan Endowed Chair in Business Administration at Ashland University. A. Schulman Inc. has been a world leader in plastics and resins since 1928.

Bill Zekan served as chairman and president of A. Shulman Inc. and was a former trustee at Ashland University before his death in 1991.

The endowed chair, titled the A. Schulman Inc. for William C. Zekan Chair of Business Administration, will enhance Ashland University’s business administration program. The endowment will provide funding for a distinguished faculty member to continue scholarly excellence through contributions to teaching, research and public service.

“This endowed chair greatly honors Bill Zekan and A. Schulman’s long-standing partnership with Ashland University,” stated A. Schulman’s Chairman Joseph M. Gingo. “Through this commitment, we will further our goal to support education and public service and create a foundation that we hope will inspire today’s students to become tomorrow’s leaders.”

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