Economic trends

Trending News in Northeast Ohio jobs, economy, labor, immigration, and population

Lots of good long-term economic news for Greater Cleveland

As jobs start to come back following the pandemic-related economic shutdown, there are also new jobs coming online for Greater Cleveland. These aren’t restored jobs; they are jobs resulting from economic growth in sectors that were either unaffected by the shutdown or they are structural changes from employers seeking lower-cost ways of doing business.

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How the Coronavirus is affecting construction in Cleveland

UPDATED MARCH 16, 2020

As successful investor Warren Buffet says, “Be greedy when others are fearful.”

So are Greater Cleveland’s real estate developers fearful or greedy as Ohio and the country goes into Coronavirus emergency? And what might be the long-term implications of the pandemic on pending real estate developments?

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Up to 1,000 HQ jobs may come to downtown Cleveland

More than 650 headquarters jobs could be on track to move to downtown Cleveland with hundreds more possible resulting from future growth. But in this instance, it’s not from the paint/coatings firm that’s known for covering the Earth. Instead, this news is about another fast-growing Greater Cleveland business that has outgrown its existing HQ.

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Ohio’s largest metros are carrying the state’s economy

When it comes to describing Ohio’s economy, there’s the 3Cs and then there’s everyone else. With a few exceptions, if you want to find a job in Ohio, the best place to look is Ohio’s three largest metropolitan areas — Columbus, Cincinnati and Cleveland.

Consider that, since the start of 2015, Ohio has gained 227,000 jobs, according to the U.S. Bureau of Labor Statistics. The 3Cs accounted for 216,000 of those new jobs.

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Two new jobs that could change Cleveland’s landscape forever

The creation of two jobs can change a region in a significant way. Cases in point are two medically related positions — one that was just filled and the other that was recently advertised.

Yesterday, Cleveland State University (CSU) hired a new employee that will probably be a game changer for Cleveland and Northeast Ohio. It could ultimately lead to thousands of new jobs. Yes, thousands.

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Cleveland ended the decade with a boom, and it’s showing

When John Knopfler and his spouse moved into their Tremont house where a large family had just moved out, each did what many are doing in Cleveland these days. They’re participating in the city’s Fifth Migration, bringing with it socio-economic changes unlike any experienced from the previous four migrations in the past 223 years.

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