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Ohio Job/Business Growth

Home Forums General Columbus Discussion Ohio Job/Business Growth

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    Ohio tops study of business growth

    By Steve Wartenberg

    The Columbus Dispatch

    Friday March 2, 2012 5:26 AM

    Ohio led the nation in attracting new companies and expanding existing operations in 2011, according to a new study. In all, Ohio closed the year with 498 new or expanded operations, ahead of runner-up Texas, which had 464, according to Site Selection magazine. “I think this shows all the hard work and collaboration that’s been done on the state level and regional level and local level,” said Jennifer Chrysler, New Albany’s director of community development.

    READ MORE: http://www.dispatch.com/content/stories/business/2012/03/02/ohio-tops-study-of-business-growth.html



    Ohio ranked second in U.S. for job gain in June
    Published: Friday, July 20, 2012, 12:11 PM
    By Olivera Perkins, The Plain Dealer

    CLEVELAND, Ohio — Ohio had the second-largest increase in jobs in the nation in June, the U.S. Labor Department reported Friday. Ohio gained 18,400 jobs, causing the state’s unemployment rate to drop to 7.2 percent, the Ohio Department of Job and Family Services said. Ohio’s jobless rate in May was 7.3 percent.

    READ MORE: http://www.cleveland.com/business/index.ssf/2012/07/ohio_unemployment_rate_drops_1.html



    Ohio ranked No. 4 in job growth over past year
    Business First
    Date: Monday, August 13, 2012, 2:17pm EDT

    Just three states added more jobs than Ohio in the last year as the state saw its nonfarm employment base grow by less than 2 percent, an analysis of U.S. Bureau of Labor Statistics data has found.

    READ MORE: http://www.bizjournals.com/columbus/news/2012/08/13/ohio-ranked-no-4-in-job-growth-over.html


    I volunteer with a group called BREAD. It is made up of 54 congregations in the Central Ohio area. Last year the group voted to make unemployment the focus for our action for the year. According to a Columbus Research Partners study, Columbus ranks dead last in a group of comparable cities when it comes to the creation of small businesses. Nationwide, 67% of jobs are found with small businesses; in Columbus only 50% of jobs are with small businesses.

    We researched this problem and identified two of the causes for this terrible ranking: lack of experience and lack of capital. To address these causes BREAD met with members of City Council and got commitments for two programs: (1) the creation of 4 general purpose small business incubators and (2) a program of micro lending.

    I will be meeting with City Council member Troy Miller today to go over the language of a Request for Proposal concerning a feasibility study for the small business incubators. Once the language of the RFP is approved it will be presented to City Council for a vote. Providers will bid on the RFP and one will be selected. Then the study will be made to determine the details for each of the incubators (location, size, facilities). Hopefully these incubators will all be up and running within a year.



    Ohio ranks No. 39 for business tax climate
    Dayton Business Journal by DBJ Staff
    Date: Wednesday, October 10, 2012, 11:53am EDT

    Ohio was ranked No. 39 in terms of states with the best business tax climate, according to The Tax Foundation, a nonprofit, nonpartisan research organization that monitors tax policy. In the foundation’s newly released 2013 State Business Tax Climate Index, the Buckeye State scored good marks for unemployment insurance and its corporate tax rate. However, it got dinged in areas such as individual income tax and property tax.

    READ MORE: http://www.bizjournals.com/dayton/news/2012/10/10/ohio-ranks-no-39-for-business-tax.html



    Husted: 6,665 new entities file in Ohio
    Published: Tue, October 16, 2012 @ 12:00 a.m.

    Secretary of State Jon Husted today announced that 6,665 new entities filed to do business in Ohio in September 2012. These numbers are up compared with September 2011, in which 6,143 new entities filed. The Secretary of State’s office has assisted with 66,734 new business filings through September 2012. This is an increase from the same time period last year, in which there were 63,026 new business filings. In addition, there were 613 businesses in the state that dissolved or surrendered business licenses. This is the lowest number this year.

    READ MORE: http://www.vindy.com/news/2012/oct/16/husted–new-entities-file-in-ohio/



    Columbus ranked No. 5 in U.S. for job opportunities, best in Ohio
    Apr 25, 2013, 7:48am EDT
    Evan Weese
    Web coordinator-Business First

    Columbus is the 5th-best city in the U.S. when it comes to finding a job, BusinessClimate.com reports, citing a new study from human resources company Adecco Staffing U.S.

    READ MORE: http://www.bizjournals.com/columbus/morning_call/2013/04/columbus-5th-best-for-job-opportunity.html





    Could Columbus be the Atlanta of the 2110s?



    Ohio’s Economy Matching Growth Of The Nation
    June 12, 2014
    by The Associated Press

    Newly released numbers show Ohio matched the growth of the national economy last year. That makes the fourth straight year that growth in the Buckeye State either matched or surpassed the national average after trailing the nation for years heading into the Great Recession.

    READ MORE: http://wosu.org/2012/news/2014/06/12/ohios-economy-matching-growth-nation/

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