Monday, February 26, 2007

An Agurban Scores Success

WOOSTER -- The typical job created with the help of the Wayne Economic Development Council over the past two years paid $12.97 an hour -- 28 percent more than the county's median wage, according to a recent return on investment report.

The report also revealed every dollar WEDC spent on marketing the county generated another $51 in economic impact.

WEDC President Rod Crider enlisted the help of FirstEnergy to help prepare the report, which used the IMPLAN model to calculate the economic impact assessment. The modeling system is the same one used by the U.S. Bureau of Economic Analysis and the U.S. Census Bureau.
"We hadn't looked at wages to see how we were performing, and to see that our jobs are above the averages of Wayne County, Ohio and the United States was nice," Crider said. Read more.

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