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Employers

One of the most resounding and influential assets to the City of Cincinnati is its 6 (six) Fortune 500 companies. Consumer products, financial services, and marketing services companies all have a strong presence in Cincinnati. The regional economy has successfully diversified across industries including: aerospace, bioscience, chemistry, automotive production, consumer products, marketing and financial services. Employer, employment, unemployment data, trends, and averages can all be found in this section.

City of Cincinnati Unemployment Rates
October 2013October 2012Change
City of Cincinnati8.1%7.1%1%

Source: Ohio Department of Job and Family Services Bureau of Labor Market Information

The City of Cincinnati unemployment rate only shows the unemployment rate inside the city limits.

MSA Unemployment Rate
October 2013October 2012Change
Cincinnati-Middletown MSA7.0%6.5%0.5%

Source: Bureau of Labor Statistics

* [a] Area defined as Brown, Butler, Clermont, Hamilton, and Warren Counties, Ohio; Dearborn, Franklin, and Ohio Counties, Indiana; and Boone, Bracken, Campbell, Gallatin, Grant, Kenton, and Pendleton Counties, Kentucky.

State Umployment Rate
October 2013October 2012
Ohio7.5%6.9%
U.S.7.3%7.9%

Source: Ohio Department of Job and Family Services (Seasonally Adjusted)

Foreign Owned Companies
# of Locations%
Japan14830.6%
Germany9519.6%
United Kingdom5812.0%
France408.3%
Canada326.6%
Switzerland245.0%
Netherlands234.8%
Italian153.1%
Other4910.1%
Total484100%

Source: http://www.cincinnatiusa.org

Foreign companies employ more than 45,000 people in Cincinnati USA positioning Cincinnati as an international trade center.

Among these notable companies: BASF, Givaudan, Krupp-Bilstein, LaFarge, L'Oreal, Luxottica, Mitsubishi Electric, Munich Re, Nestle, Siemens, Snecma Tata Group, Toyota Motor Mfg. - North American Headquarters, Valeo, ZF

Japanese Investment

Japanese investment in Cincinnati USA comprises nearly 120 companies with close to 130 facilities and approximately 12,000 employees.

View the Japanese Investment Map and Companies

European Investment

European investment in Cincinnati USA comprises nearly 250 companies with more than 290 facilities, and close to 30,000 employees. These European coutries include:

Austria Germany Luxembourg
Belgium Greece Netherlands
Finland Ireland Russia
France Italy Spain
Sweden Switzerland United Kingdom

 

View the European Investment Map and Companies

Cincinnati MSA Largest Employers
Employees
Kroger Company*17,000
University of Cincinnati15,162
The Procter & Gamble Company*14,000
Cincinnati Children’s Hospital Medical Center12,057
TriHealth Inc 9,898
Mercy Health Partners8,550
Archdiocese of Cincinnati8,000
GE Aviation*7,300
Wal-mart Stores 6,932
St. Elizabeth Healthcare6,839
Fifth Third Bancorp*6,771
Internal Revenue Service5,500
U.S. Postal Service5,380
City of Cincinnati5,303
Cincinnati Public Schools4,854
Frisch’s Restaurants, Inc.4,785
Macy's Inc. *4,700
Hamilton County4,676
Christ Hospital4,355
Miami University4,310

Source: 2011 Business Courier book of Lists

* Fortune 1000 companies headquartered in Greater Cincinnati

Employment by Industry Sector (Cincinnati MSA)
Employees
Forestry, Fishing, Hunting & Agriculture Support11
Mining249
Utilities217
Construction49,689
Manufacturing120,508
Wholesale Trade54,784
Retail Trade117,266
Transportation & Warehousing37,349
Information17,092
Finance & Insurance52,710
Real Estate & Rental & Leasing14,027
Professional, Scientific & Technical Services55,708
Management of Companies & Enterprises25,163
Administrative & Support & Waste59,223
Educational Services16,074
Health Care & Social Assistance124,672
Arts, Entertainment & Recreation13,389
Accommodation & Food Services88,902
Other Services (except Public Administration)40,820

Source: County Business Patterns 2005 U.S. Department of Commerce, Bureau of the Census. Released 05/2007

Selected Wage Rates (Office)
Average Wage
Office Clerks, General$11.18
Computer Support Specialist$21.29
Financial Analyst$30.99
H.R. Manager$36.97
Computer & Information Systems Managers$43.73

Source: Ohio Job Outlook, Cincinnati MSA 2004-2014

Selected Wage Rates (Manufacturing)
Average Wage
Laborers/Freight/Stock/Material Movers$10.58
Shipping, Receiving & Traffic Clerks$13.37
Welders, Cutters, Solderers & Brazers$16.34
Tool & Die Maker$21.94
Electrical Engineer$31.86

Source: Ohio Job Outlook, Cincinnati MSA 2004-2014

Employment by Occupation (Cincinnati MSA)
Employees
White Collar670,262
Service217,598
Blue Collar288,777

Source: Demographics USA, 2007

 

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