Team NEO

Purpose Enhance Northeast Ohio’s Competitive Advantage

1 2 Regional Marketing

Functions

Build Regional Teamwork 3 Business Attraction 4 Regional Business Development JobsOhio Linkage

Partners/Funders: The Greater Team

The JobsOhio Regional Network

The Northeast Ohio Economy

• 18 counties • 4 million people • 2+ million person workforce • Gross Product of nearly $200 billion (slightly smaller than Ireland) • 19 Fortune 1000 Companies

Commuting Patterns in Northeast Ohio: 2013

90%

% of Residents Working Outside the County Wayne Tuscarawas Trumbull Summit Stark Richland Portage Medina Lorain Mahoning Lake Huron Geauga Erie Cuyahoga Columbiana Ashtabula Ashland

70% 50% 30% 10%

% of Workforce from Another County

10% 30% 50% 70% 7

The NEO Economy Historically: Two Decades of Transition

1990-2012 Manufacturing Hit Hard, NEO Diversifies

1990-2012: Strong Growth in GRP

NEO Performing More Like the US NEO vs US Employment Through Recessions: 1981 vs 2007 (NEO = Solid, US - Dashed) 1,15 1,1 1,05 1 0,95 0,9 Year 1 Year 2 Year 3 Year 4 Year 5 Year 6

11 81-82 07-09

Non-Manufacturing Sectors with Highest Post Recession Growth in Employment

General medical and surgical hospitals Data processing & Hosting Scientific & technical consulting services Colleges; universities; and professional schools Headquarters Computer systems design and related services Real Estate Business support services Oil and gas extraction Software publishers 0% 10% 20% 30% 40% 50%

15,3% 7,3% 20,8% 8,8% Northeast Ohio Educational Attainment 2,1% 10,5% Less Than 9th Grade 9th Grade to 12th Grade High School Diploma Some College 35,2% Associate's Degree Bachelor's Degree Graduate Degree and Higher

Encouraging Trends in Education

• 35 percent of the region's 25 to 44 year olds hold a college degree, a rate well above the national norm • We rank 7th nationally, ahead of San Francisco, Chicago, Seattle and Austin, for professional and graduate degrees • From 2003 to 2012, per capita income in the region rose from $33,359 to $44,775 • We gained about 63,000 college-educated residents from 2002 to 2012, and lost 74,000 people with no such degree.

The NEO Economy of the Future: Where Will Growth Come From?

Strong Healthcare Growth, Manufacturing Flat

Manufacturing Continues to Drive GRP

150,000 new jobs projected in next decade

780,000 job openings by 2022

Healthcare, Business and Finance are leading growth sectors

Top 10 Projected Job Openings in Business and Financial Occupations: 2013-2023

Claims Adjusters, Appraisers, Examiners, and Investigators Cost Estimators Credit Counselors and Loan Officers Management Analysts Buyers and Purchasing Agents Financial Analysts and Advisors Human Resources Workers Miscellaneous Business Operations Specialists Market Research Analysts and Marketing Specialists Accountants and Auditors 0 1 000 2 000 3 000 4 000 5 000 21

Top 10 Projected Job Openings in Healthcare Occupations: 2013-2023

Dental Hygienists Clinical Laboratory Technologists and Technicians Emergency Medical Technicians and Paramedics Pharmacists Diagnostic Related Technologists and Technicians Health Practitioner Support Technologists and Technicians Physicians and Surgeons Therapists Licensed Practical and Licensed Vocational Nurses Registered Nurses 0 5 000 10 000 15 000 20 000 22

Top 10 Projected Job Openings in Production Occupations: 2013-2023

Forming Machine Setters, Operators, and Tenders, Metal and Plastic Butchers and Other Meat, Poultry, and Fish Processing Workers First-Line Supervisors of Production and Operating Workers Computer Control Programmers and Operators Machine Tool Cutting Setters, Operators, and Tenders, Metal and Plastic Inspectors, Testers, Sorters, Samplers, and Weighers Welding, Soldering, and Brazing Workers Machinists Miscellaneous Production Workers Miscellaneous Assemblers and Fabricators 0 2 000 4 000 6 000 8 000

Median Hourly Earnings in Occupation Groups with the Most Projected Job Openings by 2023

Food Preparation and Serving Related Occupations Healthcare Support Occupations Transportation and Material Moving Occupations Sales and Related Occupations Office and Administrative Support Occupations Production Occupations Education, Training, and Library Occupations Business and Financial Operations Occupations Healthcare Practitioners and Technical Occupations Management Occupations $0,00 $10,00 $20,00 $30,00 $40,00 $50,00 24