December 2007 + Talent & Cost of Living Comparison

This installment takes a deeper look at the occupations that are growing and the effect our mix of jobs has on the standard of living in Northeast Ohio. Higher paying jobs are growing faster and Cleveland Plus cost of living is more than 10% lower than the national average. Northeast Ohio unemployment rate has decreased, while U.S. rate is on the rise. In addition, employment is on track to be the highest since 2002. Key data and indicators included: occupational change & annual wage, metropolitan area comparison of per capita income adjusted for cost of living comparison, regional employment and regional real GRP.