Ohio / Shale gas development would support 39,000 jobs

The gas and oil industry’s development of Ohio’s Utica shale supported nearly 39,000 jobs in the state in 2012 and generated $1.5 billion in taxes, a new economic study commissioned by the industry estimates.

Released Wednesday as part of a multi-state analysis by IHS, Inc., a global market information and analytical company, the study noted that of the 39,000 Ohio jobs, only 4,200 were directly involved in the oil and gas industry.

The remaining 34,000 jobs were not actual counts but the result of standard economic modeling, using federally published data, principally by the U.S. Bureau of Economic Analysis.

Choosen excerpts by Job Market Monitor from

via Ohio shale gas development supports 39,000 jobs says latest industry-sponsored study | cleveland.com.

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