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

        Study: Gov should take long-term approach to grow new businesses

        By Tommy Felts | May 1, 2015

        A recent study by the Ewing Marion Kauffman Foundation reports that while governments have long supported entrepreneurship, new business creation is waning. The study — Guidelines for Local and State Governments to Promote Entrepreneurship — found that new businesses comprised about 8 percent of all U.S. businesses in 2011, down from roughly 15 percent in the…

        Kansas City’s Innovation Partnership program to expand

        By Tommy Felts | April 30, 2015

        Kansas City’s program to streamline the integration of technologies into City Hall is set to expand in hopes of attracting more entrepreneurial participation. The City of Fountain’s Innovation Partnership program plans to ramp up marketing and resources to welcome more companies hoping to test drive their technologies with the city, said Ashley Hand, Kansas City’s…

        Mid-America Angels race for record-setting investment year

        By Tommy Felts | April 30, 2015

        After investing nearly $1 million in the first quarter of 2015, regional investment network Mid-America Angels is on pace for its best year yet. Mid-America Angels injected $870,000 of funding into two area companies during the first three months of 2015, which sets it on a pace to surpass $3 million in investments for the…