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
Techweek commits to five more years in KC
With more than 5,000 attendees last week in Union Station, Kansas City more than doubled the expected participation in Techweek, a week-long technology conference. In fact, Kansas City performed so well that Techweek is coming back for at least five more years. Techweek CEO Katy Lynch said that the conference was anticipating about 2,500 attendees, but…
Science City at Union Station wins experience award
Science City at Union Station was named one of two worldwide recipients for a prestigious visitor experience award. The EDGIE Award, or Roy L. Shafer Leading Edge Award, for visitor experience was given to Science City last week by the Association of Science-Technology Centers, a nonprofit organization that represents science centers and museums. The award…
OP prescription software firm lands $2.7M
An Overland Park software company recently wrapped up a hefty funding round, according to its founder and CEO. Rx Savings Solutions, a business that works with other companies to manage employees’ monthly medications, secured $2.7 million in funding. Kansas City investors Dan Henry, CEO of NetSpend Corp., and Jeffrey Brown, chairman at StoreFinancial, led the…
LaunchKC winners reflect on ‘massive opportunity’
Once the dust settled on the LaunchKC grant recipient announcement, the champagne bottles popped. Founders from the 10 winning companies — parred down from a list of 500 — had reason to celebrate Friday afternoon between the promise of $50,000 and the chance to land some office space. Of the 10 recipient companies, six come…