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Need a Job? Ohio Might Have One For You

The Bureau of Labor Statistics reports that Ohio, Pennsylvania, New York and Texas lead the way in job gains in April 2010.

Here's the breakdown:
Ohio: 37,300 jobs added
Pennsylvania: 34,000 jobs added
New York: 32,700 jobs added
Texas: 32,500 jobs added

The three states with the largest drop in employment between March and April 2010 were Maine (‑6,500), Rhode Island (‑4,400), and New Hampshire (‑4,100).

In Ohio, data show the service sector is the engine of job creation. The state's professional and business services added 6,300 jobs while leisure and hospitality added 5,200 jobs. Other sectors with employment gains included educational and health services (+2,600); trade, transportation, and utilities (+1,300); and financial "activities" (+600).

But it doesn't stop there: Ohio manufacturing companies added 12,300 jobs between March and April. Even the construction industry added 5,500 workers.

What is going on in Ohio? For one thing, Ohio voters got behind an economic development plan back in 2002 to direct $1.6 billion dollars toward state economic development. The plan, slated to run through 2012, is called the Ohio Third Frontier and its website defines the initiative this way:

The Ohio Third Frontier is a visionary initiative created in 2002 within the Department of Development to firmly establish the state as an innovation leader. With a 10-year initial life and a bipartisan commitment of $1.6 billion, the Ohio Third Frontier expands the state's high-tech research capabilities that are designed to accelerate the pace of commercialization within Ohio. The focused investments seek to sustain the development of new, innovative products by addressing technical and cost barriers hindering market adoption. As a result, the Ohio Third Frontier has a significant and sustained role in building on the state's strengths in technology and innovation to create high-wage jobs, new growth companies, and globally competitive products.

The program had created 55,000 jobs by the end of 2009 and roughly 637 companies have been founded, relocated to the state or received state money to grow and hire.

Other states might learn a thing or two from Ohio. Namely, that sometimes you have to spend money to make money -- and create jobs in the process.

Apparently Ohio voters agree because they voted earlier this month to extend the Ohio Third Frontier program until 2016.


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