Fri September 13, 2013
Cincinnati Works equals employment and economic benefit
A Cincinnati organization says it now has economic proof it is making a difference in the community and the lives of people it is helping find jobs.
It's only fitting Cincinnati Works held its news conference at Horseshoe Casino Friday because that's where Stephania Hollis, a mother of eight, is now working as a dealer. She received job training, employment assistance and help with childcare from the charitable organization. Hollis recalls when she contacted Cincinnati Works to say she had a job. "You call down there. Everybody's in the background clapping, cheering and ringing bells and that just makes you feel good, like you did something important."
A new study by the University of Cincinnati Economics Center shows from 2008-2012:
- The organization, provided value to the region over $9.7 million
- An average equivalent annual salary of $15,472
- Placed 1,645 Members in 2,732 jobs at over 900 employers
- Reduced the probability of felony indictment by 8%, an almost 50% reduction
The nearly $10 million value comes in the form of reduced reliance on government help (down $4,000 per person) and increased state and local and sales tax revenue. (up $722 per person)
President Peggy Zink says much of the employment is in three of the top 10 fastest-growing industries in the region: security guard and patrol services, janitorial services, and private general medical and surgical hospitals.
Stephania Hollis said Cincinnati Works was her last best hope. She is pursuing a college degree and is keeping in touch with the organization. It promises to help members after they've gotten jobs.