Columbus Region has Added 100,000 Jobs Since 2010
Economic development organization Columbus 2020 announced today that the Central Ohio region has added a total of 106,000 net new jobs in the past five years. The organization set out with a mission in 2010 to support the creation of 150,000 jobs in ten years, which means they’ve surpassed their goals thus far.
“When we launched the Columbus 2020 Regional Growth Strategy five years ago, some very aggressive goals were identified related to job creation, capital investment and per capita income,” said Kenny McDonald, chief economic officer of Columbus 2020. “I’m proud to say that with the investment and hard work of more than 300 public and private partners, we are achieving great things. This milestone is a key indicator of that progress.”
The jobs that have been created by local companies expanding or relocating to the region account for an estimated total of $5 billion in new capital investment. Columbus 2020 started with a goal of $8 billion in new capital investment, so that goal is also ahead of projections at the halfway mark.
The third tangible goal that Columbus 2020 identified five years ago was to help boost per capita income in the region by 30 percent in ten year. That number current sits at a 14% increase, which isn’t quite at the halfway point, but is still tracking close to the goal.
The job growth numbers are close to mirroring the population gains in Central Ohio, which has been adding approximately 20,000 to 25,000 new residents each year. Between July 2013 and July 2014, the region grew by 25,504 people.
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For more information, visit www.columbusregion.com/Columbus2020.aspx.