Cleveland in this Economy

The city of Cleveland in Ohio is one of the most populated counties of the state. The city has always enjoyed the reputation of being a great place to live in since it has a good infrastructure in terms of education, health facilities and employment. The region has a diverse economy spanning over a population of almost 3,253,000

I was talking to a broker in Phoenix Arizona this week that ask me about Cleveland's economy? I then realized I had not written an article on the economy in this area.

The area is loaded with industry and great companies. The first one we will mention is Progressive Insurance, they have their main corporate head quarters in this area. They employ thousands of people in this area.

Another big employer is Cleveland Clinic, in thier main campus they have their own police force and private air strip. Princes and other big people have their privacy protected in this private airport. In fact they are doing a $400 million addition to their faculty. They have many other campus's around this area. They Employ Thousands of professionals and are world renowned.

Another big hospital is University Hospital they just built a very large campus near Beachwood which is a suburb of Cleveland. They also have many other campus's around the city. They to emply thousands of professionals.

Their is also a large Ford plant here, they build the Ford Taurus there. They are also going to add over 600 new jobs after their addition is completed. They will be building transmissions for a new line of vehicles they are coming out with the new addition.

Cleveland also has a large steel plant that is adding over 650 jobs to it's employment. Solon another suburb has a large Stoffer's Frozen food plant that employs a lot of people. Other industries to mention is Nestles, Cargill, Alcoa, Hyundai parts plant, two large Cheese Factories, and great shopping.

The area boosts 25 Universities and Colleges including Case University, Kent State, Akron, Cleveland State, and John Carroll to name a few. They to area great employer to the area.

I sure I've missed quite a few other employers in Cleveland Ohio. The great thing to know is that unemployment rate is at 8.5% in November 2011, the national average in November nationally was 9.6%, so jobs are coming to Cleveland area.

With the new look of this city and the great boost in the economy makes Cleveland a great place to work and live in! Brett Young Rooftopinvestment.com