Team NEO projects 3,000 new jobs despite economic headwinds | Sound of Ideas скачать в хорошем качестве

Team NEO projects 3,000 new jobs despite economic headwinds | Sound of Ideas

Team NEO 2025 Performance & Impact Annual Report The headline numbers from Team NEO's new 2025 jobs report include nearly 3,000 new jobs, more than $450 million in capital investments, and 92 business investments across Northeast Ohio. The report also highlights the rollout of the JobsOhio Relocation Incentive Program, which offers businesses up to $15,000 for making successful hires in certain industries, with a focus on STEM and technical roles. There's also the expansion of LayerZero, a manufacturer for power systems like data centers. The company is opening a new facility in Portage County that expects to create 535 new jobs. At the same time, new federal trade policies could affect Northeast Ohio's economic outlook. A 10% U.S. tariff on most global imports took effect Tuesday, despite President Donald Trump's earlier pledge to set the rate at 15%. And findings from the Federal Reserve Bank of Cleveland say that tariffs are contributing to price increases across Ohio and parts of Pennsylvania, Kentucky and West Virginia. Manufacturers and retailers add that their products cost more to make, so consumers are paying more. On Thursday’s the “Sound of Ideas,” Team NEO CEO Matt Dolan joins the program to discuss what the report’s findings mean for Northeast Ohioans and the state economy. Guest: Matt Dolan, CEO, Team NEO