Friday, Ohio’s private economic development corporation, JobsOhio, released their annual report for 2018. The report assessed current projects, jobs created, jobs maintained, and lastly, capital investments. By these metrics, 2018 appeared to be a strong year for Ohio. However, there are qualifiers to their findings. Overall, by JobsOhio assessment, the organization was involved in 266 projects across Ohio. This is actually a small decrease from previous years. In 2016, the organization was involved in 284 projects and 272 in 2017. However, the payroll and jobs created from these projects are significantly higher. The total payroll for 2018 $1.3 Billion with 27,071 new jobs created. Both of these figures represent significant jumps. While the report does not list the number of jobs lost or why the number of projects decreased, it does list the number of jobs retained. In total, 69,905 were retained in 2018, for a total payroll value of $4.2 Billion. Capital investment remained constant with last year at $9.6 Billion. It should be noted that the job numbers for 2018 reflect future jobs and spending commitments which means that, when the projects are launched, the actual numbers could vary significantly. According to the report, the majority of these new jobs were made in…
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