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
Fund me, KC: Crossing Arrows launches clothing line for the spirited girl
Startland News is continuing its segment to highlight area entrepreneurs’ efforts to accelerate their businesses. This is an opportunity for entrepreneurs — like Crossing Arrows founder Tricia Steffes — to share their stories to gain a little help from their supporters. Back Crossing Arrows’ here. Who are you? Crossing Arrows, a clothing line is designed…
Kansas kicks off effort to increase high-speed Internet for schools
The Sunflower State it planning to boost Internet speeds in its public schools. The State of Kansas on Tuesday announced a partnership with San Francisco-based nonprofit EducationSuperHighway to increase school districts’ access to affordable, high-speed broadband. At no cost, the organization will help districts with IT support and data analysis to help upgrade the schools’…
Program commercializing classroom tech spurs 29 startups, dozens of jobs
A Kansas City program is making strides in its efforts to commercialize local, university-cultivated ideas. In the past four years, KCSourceLink’s Whiteboard2Boardroom program helped create almost 100 jobs and facilitated the creation of 29 new startups, according to a recent progress report. Those companies also generated nearly $16 million in follow-on funding, helping to fuel job…
Local entrepreneurs prompt court to hit pause on Kansas ‘patent troll’ rules
A U.S. District Court of Kansas is collecting more public input on proposed legal rule changes after area entrepreneurs expressed concerns that the measures could make the area a haven for “patent trolls.” Patent trolls are non-practicing entities that purchase broadly defined patents with the intention to sue growing companies that are developing tangentially related…