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Employment

employment1Crucial to the Ohio Economy

  • More than 22,000 Ohio residents work directly in steel production and processing.
  • Wages total approximately $1.34 billion.
  • The total number of jobs generated by the state’s steel industry is 100,000.
  • The Ohio steel industry and industries tied to steel generate $4.8 billion in wages.
  • According to IMPLAN, steel’s total economic impact on Ohio is $7.2 billion.
OHIO STEEL PRODUCERS AND PROCESSORS**
Ohio employment 22,274 jobs
Total number of jobs tied to steel in Ohio 96,913
Value-added steel production and processing $6.18 billion
Labor income (wages) from Ohio steel companies $1.34 billion
Purchase of Ohio goods/services by Ohio steel companies $2.2 billion

**Based on Annual Survey of Manufactures and IMPLAN, a widely used economic model for estimating the economic impact of an industry on an economy.

 

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