Monday, November 24, 2008

Ohio's job outlook: Ready work force helps, but rust-belt image hurts

Posted by Tom Breckenridge/Plain Dealer Reporter November 23, 2008 07:58AM

Gov. Ted Strickland's favorite four-letter word is "jobs."

To bring more of them to Ohio, Strickland wants to brighten a business climate that corporate leaders say is too costly, over-regulated and short on skilled workers in key occupations.

The governor is sympathetic. Last month, he issued an executive order creating the Ohio Economic Growth Cabinet. Ohio's largest departments must collaborate and streamline to promote business prospects.

The order came less than a month after Strickland and Lt. Gov. Lee Fisher, who doubles as Ohio's economic development chief, unveiled a strategy they say is designed to boost jobs, incomes and productivity.

And how would they do that? By "purposefully redesigning" Ohio's business climate, according to the strategy they've dubbed OHIO, for "Ohio, Home of Innovation and Opportunity."

What follows are factors that influence whether business invests in a state. The Plain Dealer evaluated Ohio in each area based on published research and interviews with economists, business-development experts and state officials.

The bottom line: A ready work force and heartland location lure business, but a high-cost, rust-belt image hurts. More here.

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