Even in the rough economic waters of 2008, Mayor Mark Mallory says Cincinnati is doing just fine.
The official numbers have been tallied, in fact. Mayor Mallory has just announced that over 2,500 new jobs were created in the City of Cincinnati in 2008.
“Despite the difficult national economic climate, Cincinnati had a very strong year of job creation," Mallory says.
The City of Cincinnati's Economic Development Division has played a major role by creating incentives for new companies to either relocate to Cincinnati or further expand, if they're already here.
Mayor Mallory and Councilmember Laketa Cole further contributed to Cincinnati's burgeoning workforce by helping 200 young people find jobs through the Mayor's Youth Employment Program, which is also figured into the city's 2009-2010 budget.
City Hall sees several reasons for Cincinnati's success amidst economic hard times: an internationally respected corporate roster, affordability, a well educated workforce, access to top-notch training, and the city's business friendly environment.
Companies that added a significant number of jobs in 2008 include Medspace (1,339), US Bank (435), Humana (200), dunnhumbyUSA (150) and FirstGroup (135), among others.
"Our city continues to be a very attractive location for business investment," Mallory says. "Over the last few years, we have implemented a much more targeted and aggressive economic development strategy, and it is paying off.”
Writer: Jonathan DeHart
Source: City of Cincinnati
Enjoy this story?
Sign up for free solutions-based reporting in your inbox each week.