2022 Results
JobsOhio is focused on sustainable growth through creating large returns for Ohio, enabling the state to reach its economic potential.
A Year of Profound Impact
2022 proved the importance of a resilient economy built on the diversity of industries in Ohio. JobsOhio competes with states across the country to win in ten critical sectors of the economy that account for 22% of Ohio jobs, 36% of the gross state product, and 29% of payrolls in Ohio. The result: Ohio was #3 in Site Selection’s 2023 Prosperity Cup, which recognizes the competitiveness of state-level economic development activity in 2022.
2022 TARGETED INDUSTRY RESULTS
| Industries | Won Projects | New Jobs | Capital Investment ($M) |
| Automotive | 26 | 7,133 | $7,442 |
| Healthcare | 29 | 4,447 | $1,547 |
| Advanced Manufacturing | 115 | 4,089 | $750 |
| Information Technology | 20 | 3,884 | $20,195 |
| Logistics & Distribution | 24 | 2,972 | $183 |
| Food & Agribusiness | 24 | 1,206 | $581 |
| Financial Services | 10 | 817 | $46 |
| Other* | 20 | 697 | $37 |
| Energy & Chemicals | 18 | 662 | $726 |
| Aerospace & Aviation | 5 | 392 | $11 |
| Military & Federal | 5 | 24 | $48 |
| 296 | 26,323 | $31,565 |
*Represents Headquarters & Back Office
YEAR-OVER-YEAR STATISTICS
| JobsOhio Metrics | 2019 | 2020 | 2021 | 2022 |
| Won Projects | 306 | 307 | 414 | 296 |
| New Jobs | 22,770 | 19,021 | 29,104 | 26,323 |
| New Jobs Payroll | $1.2 Billion | $1.0 Billion | $1.6 Billion | $1.84 Billion |
| Retained Jobs | 52,542 | 39,208 | 75,416 | 53,818 |
| Retained Jobs Payroll | $3.2 Billion | $2.4 Billion | $4.5 Billion | $3.78 Billion |
| Capital Investment | $7.0 Billion | $7.8 Billion | $6.9 Billion | $31.56 Billion |
Leveraging Our Team’s Experience
Here, we have compiled our annual list of trends and externalities bringing about sweeping change. The JobsOhio team uses their expertise and resources to highlight key global themes across the spectrum that will shape our state’s future and create opportunities for Ohioans. As JobsOhio continues to focus on the state’s core industries, we seek to further strengthen its economy with more diversification of sectors — one of the most effective ways to support the state’s ability to thrive in any climate and increase long-term resilience.
2022 ANNUAL
| Targeted Sector | Key Themes For the Future |
| Automotive | Vehicle Electrification, Onshoring/Reshoring Battery Production and Supply Chain Components, Smart Mobility |
| Healthcare | Medical device and Imaging, Digital Health and Health IT, Bio Tech, Pharmaceutical Manufacturing, Pharmaceutical-Adjacent Manufacturing |
| Advanced Manufacturing | Additive/3D Printing, Advanced Materials, Automation/Robotics, Onshoring |
| Information Technology | Cloud Computing, Data Sciences, Cybersecurity, Semiconductors |
| Logistics & Distribution | E-commerce, Omni-Channel Distribution, Data Driven Supply Chains |
| Food & Agribusiness | Complete Ground-to-Consumer Value Chain, Cold Storage |
| Financial Services | FinTech, InsurTech, Cost Efficiencies, Cost Consolidation, M&A |
| Energy & Chemicals | Leveraging World’s Lowest Natural Gas Prices, Improved Pipeline Infrastructure, Emerging Chemical Opportunities Related to Semiconductor and EV Battery Production |
| Aerospace & Aviation | OEM Supply Chains Recovering, eVTOL |
| Military & Federal | Federal Investment, Advanced Air Mobility Initiatives and Investments in Defense and Exploration of Space |
A Ripple Effect Producing Statewide Success
Economic impact analysis completed in 2022 is a testament to JobsOhio’s influence on local communities.
Ohio’s economy is shaped by complex interactions among businesses, workers, and communities. The 2022 awardwinning economic impact analysis completed with the help of IMPLAN, the leading provider of economic data and analytical applications, enabled JobsOhio to measure our influence on the economy.
THE WORK OF JOBSOHIO IS SIGNIFICANT IN THREE WAYS:
- Direct Impact: The initial effects JobsOhio has on the state’s economy. This is analyzed through changes in employment, wages, and output.
- Indirect Impact: This is the subsequent increase in jobs, wages, and purchases from other industries in the local economy due to our direct impact. This is what is created by supply-chain businesses that provide goods and services essential to the industry — suppliers of raw materials, utilities, equipment, transportation, and other services.
- Induced Impact: This is the result of the spending of wages and salaries of the direct and indirect employees on items such as housing, food, education, and medical services. This spending creates induced employment in nearly all sectors.
The analysis performed included all 3,274 projects JobsOhio won between 2011 and 2021. The successes shown here are a testament to the state’s workforce strength, business climate, superior infrastructure, and JobsOhio’s powerful collaboration with regional partners. The entire report can be found on our website: jobsohio.com/impact.
JOBSOHIO TOTAL IMPACT 2011-2021
| Jobs1 | Payroll1,2 | State Taxes3 | |
| Direct | 243,439* | $14.6 Billion* | $6.9 Billion |
| Indirect | 169,878 | $10.3 Billion | $4.3 Billion |
| Induced | 146,065 | $7.1 Billion | $4.1 Billion |
| Total | 559,382 | $32 Billion | $15.3 Billion |
CONSTRUCTION ANNUAL AVERAGE
| Jobs | Payroll2 | |
| Direct | 25,012 | $1.6 Billion |
| Indirect | 5,479 | $360 Million |
| Induced | 10,928 | $512 Million |
| Total | 41,419 | $2.5 Billion |
1Economic Impact of Operations, Annual Contributions 2022-Forward.
2Payroll and tax data were adjusted for inflation by IMPLAN to 2022 dollars.
3Tax Impact of Operations, Cumulative 2012-2022.
*Reported
Top Project Wins
One in eight construction jobs are a direct result of executed JobsOhio projects. See all the project wins from 2022.