News
News Home
Quick Bites
Exploradio
News Archive
News Channel
Special Features
NPR
nowplaying
On AirNewsClassical
Loading...
  
School Closings
WKSU Support
Funding for WKSU is made possible in part through support from the following businesses and organizations.

Wayside Furniture

Lehmans

Hennes Paynter Communications


For more information on how your company or organization can support WKSU, download the WKSU Media Kit.

(WKSU Media Kit PDF icon )


Donate Your Vehicle to WKSU

Programs Schedule Make A Pledge Member BenefitsFAQ/HelpContact Us
Economy and Business


Region's economy is slowly improving, and the future could be brighter
Report shows healthcare, paint and construction are big drivers
by WKSU's KEVIN NIEDERMIER


Reporter
Kevin Niedermier
 
The 18-county Northeast Ohio region should see slow but steady economic growth according to business attraction organization Team NEO.
Courtesy of Team NEO
Download (WKSU Only)
In The Region:
Slow-but-steady improvement with positive indicators for the future. Those are the findings of the most recent economic report for Northeast Ohio from Team NEO, the region’s business attraction organization.

In the first quarter of 2013, the 18-county region’s unemployment rate was 8 percent. That’s higher than the state’s overall rate, and than the average national rate of 7.7 percent. But Team NEO CEO Tom Waltermire says the region’s unemployment rate is now two-tenth’s of a percent lower than last year at this time, thanks to gradual improvement in a variety of industries.

Paint, autos and healthcare big job producers

“Manufacturing is increasing slightly thanks to the resurgence of the auto industry. Service employment is doing better. And there’s a big improvement in construction jobs. In the long-term, medical device manufacturing and aerospace will do well. But the fasting growing industry in Northeast Ohio is coating and specialty chemicals. In construction, there are big booms in downtown Cleveland and Kent, and hospitals across the region are expanding.”

Thousands of new jobs expected in the next 10 years

Waltermire says over the next 10 years, Northeast Ohio should generate about 150,000 new jobs.

“That’s about the same as the number of unemployed people we have in the region. But we may have a shortage of skilled people to fill all those positions. Most of these jobs will be in healthcare and production, followed by business, management and finance.”

To help meet the demand for these new positions, Waltermire says businesses need to be more aggressive in publicizing the kinds of jobs they need filled, and the skills those jobs require. That way, local colleges and universities will know where to focus their curricula to train future Northeast Ohio employees.

Here is the new report by Team NEO on the 2012 economic picture of Northeast Ohio:
http://www.clevelandplusbusiness.com/YearEnd-Report-2012/

Related Links & Resources
Team NEO

Add Your Comment
Name:

Location:

E-mail: (not published, only used to contact you about your comment)


Comments:




 
Page Options

Print this page

E-Mail this page / Send mp3

Share on Facebook




Stories with Recent Comments

Ohio lawmakers propose grants for home construction for disabled people
We have been trying to have a "Visitability Bill" passed for years. Thanks, Greg

Lake County crimes may give Trump immigration fodder
Shoddy reporting at best. "Mixed views" The question that came to my mind was, "How many people did he have to interview to get "mixed views". Do the two peo...

Ohio's U.S. Sen. Sherrod Brown announces plans to improve Medicare by lowering prescription costs for seniors
Sounds good. I'm living in Florida to escape the snow. So far it's working. I retired from GM in 2000. Keep pushing for all the working people. In the long run ...

The tiny town that time, and elections, forgot may go out of existence
Thank you for this story. I grew up in Limaville, my parents home is there still...unsellable due to the septic/sewer problem. Sometimes I am sorry I left...wis...

Where Ohio'sJohn Kasich stands in the presidential polls
We are fans of Gov. Kasich since he served in the House of Representatives. It pleases us to finally see him as the potential President of the United States. We...

Cleveland hosts the first national Movement for Black Lives conference
What a wonderful experience this was, So much love and understanding, without all of the other distractions that tend to come with organizing for change, this e...

Air Force unit gets training and Youngstown gets rid of some eyesores
Do they have to totally destroy all the beautiful oak and leaded windows, which I am thinking are probably there? Do they just have to destroy them like that? C...

Jewish challah and Native American fry bread at an Akron cultural exchange
Each time I saw the young students relate to each other, I got goose bumps. These young students can and hopefully will teach all of us to live and respect eac...

One of the Cleveland Orchestra's most celebrated musicians bids farewell
I had the honor of studying with Franklin Cohen in the late 80s and early 90s. He is unparalleled both as a clarinetist and as a musician. His deep personal war...

Summa's dress code is not 'etched in stone'
SOME OF THESE POLICIES ARE A COMPLETE JOKE. UNLESS YOU ARE DOING THESE TYPE OF JOBS EVERY DAY, YOU DON'T KNOW WHAT IS COMFORTABLE AND REASONABLE OR NOT. UNLESS ...

Copyright © 2015 WKSU Public Radio, All Rights Reserved.

 
In Partnership With:

NPR PRI Kent State University

listen in windows media format listen in realplayer format Car Talk Hosts: Tom & Ray Magliozzi Fresh Air Host: Terry Gross A Service of Kent State University 89.7 WKSU | NPR.Classical.Other smart stuff. NPR Senior Correspondent: Noah Adams Living on Earth Host: Steve Curwood 89.7 WKSU | NPR.Classical.Other smart stuff. A Service of Kent State University