Shale Energy Law Blog
Utica Shale to Bring More Jobs to Ohio
December 20, 2012
Encouraging well results have fueled the creation of 38,830 jobs in Ohio since the beginning of 2012, and studies have indicated another 100,000 jobs could be produced by 2020. Labor income from jobs created directly and indirectly from the development of the Utica Shale in Ohio is estimated to reach $9.2 billion in 2020, a 3.8 percent increase to wage earning potential and salaries across the state. According to the Ohio Chamber of Commerce, such an influx in jobs and wage earning potential could provide the resources going forward for Ohio to reinvest in its infrastructure, schools and other areas of need.