Northeast Ohio named a tech hotspot for high-tech job growth
January 7, 2013 in News
It’s no secret that Northeast Ohio is growing across a number of sectors. Over the past several years, a number of public initiatives like the Third Frontier, area business incubators, and lots of private investment have driven high-tech growth across the region.
The Cleveland-Elyria-Mentor area saw a 9.1 percent increase in high-tech jobs created from 2010 to 2011, according to Engine Advocacy, a San Franciso-based nonprofit organization aimed at helping technology businesses thrive. Nationwide, the average growth rate was 2.6 percent.
Ohio ranks seventh nationwide among the top 10 states, with a 4.6 percent average growth rate.
The study shows that more jobs are being created in high-tech fields than in the rest of the labor force. Engine Advocacy commissioned the Bay Area Council Economic Institute to analyze Bureau of Labor Statistics data in efforts to identify communities that are experiencing significant job growth in the high-tech sector.