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
KC tech firms respond to ‘bleak’ millennial voter turnout
A meager millennial voter turnout in Kansas City’s recent municipal elections is compelling local organizations to combat apathy with technology. More Kansas Citians 90 and older cast ballots in the City of Fountain’s 2014 municipal elections than voters under 30, according to a study by Kansas City-based civic engagement company mySidewalk. A paltry 0.7 percent…
Lean Lab announces new, mature fellowship class
The Lean Lab, an education innovation incubator, announced its second cohort of fellows who hope to bring meaningful change to Kansas City education. In the 2015 class, 10 fellows with seven solutions for Kansas City’s urban education will be participating in the Lean Lab’s summer program. Fellows arrive at the program with ideas in various…
KC newbie Rex tops $1M in revenue, kicks off hiring
Surging growth at one of Kansas City’s newest startups is leading it to hire a staff six times its current size. Rex, an animal health tech company that recently graduated from the Techstars-led Sprint Accelerator, is hoping to quickly boost its headcount from two to 12. In the days following a pitch at the accelerator’s…
ShotTracker, NBA champ Klay Thompson set for virtual camp
The Golden State Warriors weren’t the only team elated from its Tuesday night NBA Championship win over the Cleveland Cavaliers. Overland Park-based ShotTracker also snagged a win alongside the Warriors’ first championship since 1975, as the wearable tech firm’s recent endorsement deal with Golden State guard Klay Thompson received another coat of varnish. Golden State’s…