Forbes report: Kansas City is a top 5 metro for high-wage jobs

June 28, 2017  |  Bobby Burch

The Bartle Sky Stations to the southwest of downtown Kansas City. Photo by Hannah Arredondo

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.

startland-tip-jar

TIP JAR

Did you enjoy this post? Show your support by becoming a member or buying us a coffee.

Tagged ,
Featured Business
    Featured Founder

      2017 Startups to Watch

        stats here

        Related Posts on Startland News

        corporate innovation

        Byrd: What we can learn from 5 corporate innovation blunders

        By Tommy Felts | April 28, 2016

        Editor’s note: The opinions expressed in this commentary are the author’s alone. Most corporations don’t want innovation, they just say they do. Corporate leaders talk about radical and disruptive ideas, but is that truly all that innovation is? In it’s purest form, innovation creates more effective processes, products and ideas that will in turn increase…

        Hallmark

        106-years-young Hallmark is evolving with the collaborative economy

        By Tommy Felts | April 28, 2016

        The collaborative economy is everywhere. You may have heard it by another name — like the sharing, on-demand, access, peer, freelance or gig economy. You’ve definitely heard of its national headliners Uber and Airbnb, but it also has a local presence with firms like PopBookings, Farmobile and MachineryLink. Since first showing up on radars eight…

        The Collective Funds targets Kansas City startups with $10M

        By Tommy Felts | April 28, 2016

            The Collective Funds — a new venture capital group in Kansas City — will be exclusively targeting early-stage firms in the area starting as early as this summer. Led by four Kansas City entrepreneurs, the $10 million fund aims to fill an area funding gap as well as inspire a cultural shift among…

        Events Preview: Startup Weekend EDU

        By Tommy Felts | April 28, 2016

        There are a boatload of entrepreneurial events hosted in Kansas City on a weekly basis. Whether you’re an entrepreneur, investor, supporter or curious Kansas Citian, we’d recommend these upcoming events for you. WEEKLY EVENT PREVIEW   Startup Weekend EDU When: April 29 – May 1 Where: Think Big Coworking Startup Weekend Education (SWEDU) brings together people of…