Forbes report: Kansas City is a top 5 metro for high-wage jobs
June 28, 2017 | Bobby Burch
Kansas City is atop yet another national list touting its economic vibrancy.
Forbes recently released a report analyzing U.S. cities that create the most high-wage jobs, and Kansas City earned the No. 2 spot. The magazine said the City of Fountains’ low taxes and pro-business regulatory environment helped launch it into the top five cities for high-wage jobs.
“KC, better known in the rest of the country for barbecue and its music scene (though not quite Nashville), has grown a vibrant economy based in good part on service businesses in architecture and innovative administrative support models (especially for health care providers), accounting for some 100,000 jobs in professional and business services,” Forbes’ Joel Kotkin wrote.
The study analyzed Bureau of Labor Statistics data from the 70 largest labor markets in the country. It evaluated employment in the business services sector over time, looking at short-, medium- and long-term job trends.
Kansas City boasts 469,200 jobs in the business services sector, netting a 9.3 percent growth between 2011 to 2016, according to the report. Its growth in business service jobs outpaces tech hotbeds such as San Francisco and San Jose.
Nashville, Tenn., took the No. 1 spot in the list with 968,800 jobs in the business services sector and a 20.6 percent growth between 2011 to 2016, according to the report. Austin earned the No. 3 spot, San Francisco the No. 4 and Dallas a No. 5 ranking.
2017 Startups to Watch
stats here
Related Posts on Startland News
With fund now slashed, LaunchKC alumni say MTC vital to early success
PopBookings probably wouldn’t be in business today without the early support — and more critically the investment dollars — of the Missouri Technology Corporation, Erika Klotz said. “It really allowed us to do more quicker,” the PopBookings co-founder and CEO said. “For any startup, speed is everything. It allowed us to get credibility right out…
Photo gallery: With a Boulevard in hand, Techweek pours into KC
Hundreds of techies, innovators and entrepreneurs converged in Kansas City for the third annual Techweek KC conference, which launched Monday and runs through Friday. The Chicago-based conference series, which focuses on innovation and entrepreneurship, returned to the City of Fountains for a five-day conference, expo and festival. It is one of nine such events across…
Greitens eyes private investment dollars to fill MTC budget gap
A new, privately-managed innovation fund could replace a popular startup investment program that was dramatically slashed for 2018 amid Missouri’s budget crunch. The potential strategy change comes as a suggestion from the Hawthorn Foundation’s report to Missouri Gov. Eric Greitens, following the months-long work of an innovation task force charged with assessing the current state…
Prospect to prosperity: Blue Hills boosting neighborhood entrepreneurs (Video)
Economic development along Prospect Avenue requires a chain reaction across the community, Edgar Palacios said. “People need jobs to afford homes, so we need to create those jobs. We need to create some catalysts in this community,” said Palacios, Blue Hills Community Services executive director. “If we can have storefronts along Prospect, that attracts other…