JobsOhio Adding Staff

Feb 7, 2013

The private, nonprofit job-creation agency JobsOhio is doubling its staff and expanding its outreach efforts now that it's gone to market with a 1.5 billion dollar bond sale.

President and Chief Investment Officer John Minor says the agency has been working with a "skeleton crew" largely because of a legal challenge to the constitutionality of its funding structure. The bonds are backed by future liquor proceeds. Minor says job creation and retention in targeted industries fell from 83-thousand in 2011 to 76-thousand last year. He says projects involving 50-thousand jobs are in negotiation.