Construction of GE’s new Global Operations Center at The Banks will begin later this month and continue through 2016. The $90 million facility is slated to bring more than 2,000 jobs to the area. CINCINNATI +2
The Conference Board, a corporate research organization, reports that scores of professions (including librarians, occupational therapists and plant operators) are likely to see significant labor deficits in the next 15 years, either due to major growth of lack of interest. WORLD -1
The Cincinnati Center City Development Corp. has begun the process of accepting applications from developers interested in revitalizing 33 city-owned properties in Over-the-Rhine. The nonprofit is charged with making final recommendations to the city on ideas for commercial or residential development on the properties, all of which are north of Liberty Street. CINCINNATI +1
On Labor Day in Milwaukee, President Obama reiterated his goal to raise the federal minimum wage and protect equal pay for women. States that have already raised minimum wages have seen more job growth than states that have not, he said. WORLD +2
THIS WEEK:
CINCINNATI: +3
WORLD: +1
YEAR TO DATE:
CINCINNATI: -4
WORLD: +4
This article appears in Aug 27 – Sep 2, 2014.