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
Listen: Behind the scenes interview with Hyperloop One exec on Missouri plan
By now you’ve likely seen that Missouri is a top five favorite to land a Virgin Hyperloop One route. If built in Missouri, the tubular transportation system would move people from Kansas City to St. Louis in 30 minutes, creating a mega-region that combines the state’s biggest cities, said Dan Katz, director of global public…
ScaleUP! KC expands impact with 18 entrepreneurs in latest class
In announcing its latest class, the ScaleUP! KC incubator embraced its track record of helping Kansas City entrepreneurs develop the business skills needed to take the next steps on their journeys. Now on its seventh cohort, the program has graduated 92 business owners, including startups like The Sundry, Ruby Jean’s Juicery, Cambrian Tech, H3 Enterprises…
CEO Raina Knox: Millennials don’t have a monopoly on startup momentum
Experience matters — even in an ecosystem built upon disrupting the status quo, said Raina Knox, CEO and co-founder of Stratex Solutions. “It’s uncomfortable for some in the startup community to embrace the concept of people with portfolio careers still having a meaningful impact,” she said, noting her lengthy career as a “fixer” in the…
Cordish’s Spark KC bringing ‘co-living’ concept to Two Light apartments by late 2018
A new co-living concept planned for the Two Light luxury apartment tower will be a game-changer for an evolving generation of entrepreneurs, said Spark KC’s Shervonne Cherry. “With the ability to literally be four stories, five stories, 20-some stories away from your workplace, you don’t have to worry about that commute, allowing you more time…