Atlanta top metro area--for job losses (Rome: to buy, construction, salary)

[FlyiMetro]

Originally Posted by Vlajos

They said that in Rome once.

Rome is a bad off city?

[Vlajos]

Originally Posted by FlyiMetro

Rome is a bad off city?

Think 400 CE.

Actually Rome is struggling today as well.

[RandyWatson13]

Originally Posted by neil0311

It's not BS...and I just love the knee jerk reactions against anything that doesn't fit the populist crap and perceptions. if you spent more time reading and listening to market experts discuss the job market, you'd hear for yourself. There are plenty of jobs if you have the skills that are in demand. The issue we have is skills and education. I'm not saying it's easy to get the required skills, so that's why those jobs go unfilled. Also, who wants to live in North Dakota where the unemployment rate is like 3%?

The unemployment rate is also much lower for those with an undergrad degree, and even lower for graduate degrees. That's a fact. What has happened is that many who previously worked in low skilled jobs or blue collar are now having a hard time with very high unemployment.

So, yes, unemployment is historically high for all population segments and demographics, but it's especially high for some.

Trust me its B.s

[jamalc]

Atlanta is not the only city the housing market crashed. Many other sun belt and Northern cities were hit hard as well. But many cities are slowly rebounding while Atlanta is in stagnation. Atlanta
in my opinion may not reach the level of growth that it had in the 80's, 90's and early 00's. In the
90's the city was building for the olympics which really put Atlanta on the map for more growth. But
that was 15 years ago.

Today you have a number of cities in the Southeast that have business appeal as much as Atlanta
and those markets are expanding in job and business growth. For instance Atlanta just lost out to
a firm that the city was bidding for, but that firm picked Tampa over Atlanta. Chattanooga , just
only 80 miles from Atlanta north suburbs have won Amazon .com , Volkswagon and a number of
businesses . Nashville is posed to be the 3rd best market in the Southeast over the next ten years.
Other cities is Raleigh-Durham is the high tech capital of the SE USA. Both Nashville and Raleigh
are cities with a number of top universities and are big in health care industy. Birmingham has
grown as a major banking and health care. Then there is Charlotte and the state of Florida.
Atlanta officials like to overlook Florida which is foolish. Florida is the largest state in the south
by far and Miami is the largest urban area in the deep South. 5.5 million verses Atlanta's 5.2 m.

Atlanta will compete against other cities and will win some jobs and also lose out on jobs. Florida
will be more of a challege especially with growing areas like jacksonville, Orlando, Tampa and
south Florida. Hotter than hot-lanta is hot Houston, Dallas, Austin and San Antonio in Texas.

Another issue that is covered up is in the minds of conservative corporate America Atlanta is
to full of Blacks. Back in the 90's most blacks were confined to the inner city and were just
being to move out to suburbs like Stone Mountain, Riverdale, Roswell ,etc. Now blacks are all
over the suburban area. I imagine that many white CEO's are looking to other markets with
less blacks. This is another factor as to Atlanta's stagnant job growth. Most cities that become
to black like Detriot, Baltimore, New Orleans , and Memphis have seen decline in job growth.
Since so many blacks now live in suburban Atlanta could this become another factor?

[jamalc]

It aint no fix in stone that Atlanta will come back on top. The recession finds that little growth
is in the sun-belt today. Only a few places in Texas, Tennessee, North Carolina and Florida are
seeing growth and these places are hotter than hot-lanta. Hot Houston , hot Austin and Dallas
are leaving Atlanta in the dust. Closer to home you better not take Charlotte, Nashville, Orlando
Raleigh or Tampa lightly either. A city dont have to have a huge airport or convention center to
be a competitor. Just good climate, universities ,schools and diversity. Almost any major and mid
size market can compete with Atlanta in job growth.

[MathmanMathman]

Originally Posted by jamalc

Today you have a number of cities in the southeast that have business appeal as much as Atlanta and those markets are expanding in job and business growth. For instance Atlanta just lost out to a firm that the city was bidding for, but that firm picked Tampa over Atlanta.

I think Tampa gave a more attractive incentive package.

Chattanooga , just only 80 miles from Atlanta north suburbs have won Amazon .com, Volkswagon

Amazon is putting in a distribution center. Amazon was probably looking for cheap land with a good connection to interstates. Tennessee also offered financial incentives. But I've heard those Amazon jobs at distribution centers are not that great. And Georgia won a Kia plant.

Other cities is Raleigh-Durham is the high tech capital of the SE USA. Both Nashville and Raleigh are cities with a number of top universities and are big in health care industy.

They have Duke, we have Emory. They have NC State, we have the better Georgia Tech. They have UNC, we have UGA. Maybe Georgia should separate its research university funding from the rest of the system. One reason why GT is so good is because we had only one engineering school. Now we want to dilute it by adding two more schools. Alabama made the mistake of having many engineering schools rather than focusing on one.

Another issue that is covered up is in the minds of conservative corporate America Atlanta is to full of Blacks. Back in the 90's most blacks were confined to the inner city and were just being to move out to suburbs like Stone Mountain, Riverdale, Roswell ,etc. Now blacks are all over the suburban area. I imagine that many white CEO's are looking to other markets with less blacks. This is another factor as to Atlanta's stagnant job growth. Most cities that become to black like Detriot, Baltimore, New Orleans , and Memphis have seen decline in job growth. Since so many blacks now live in suburban Atlanta could this become another factor?

Atlanta became chock-a-block with businesses and corporations in downtown. If there is an associated decline, it would be more due to an anti-business political climate.

[Mutiny77]

Originally Posted by jamalc

Another issue that is covered up is in the minds of conservative corporate America Atlanta is
to full of Blacks. Back in the 90's most blacks were confined to the inner city and were just
being to move out to suburbs like Stone Mountain, Riverdale, Roswell ,etc. Now blacks are all
over the suburban area. I imagine that many white CEO's are looking to other markets with
less blacks. This is another factor as to Atlanta's stagnant job growth. Most cities that become
to black like Detriot, Baltimore, New Orleans , and Memphis have seen decline in job growth.
Since so many blacks now live in suburban Atlanta could this become another factor?

I see a different dynamic here. In the cities you mentioned, the central city retained a large contingent of Black residents (many of them poor) while there were no real big demographic shifts in the suburbs. But now in Atlanta proper, the Black population has dipped a bit but Blacks are increasingly moving to the suburbs, not just in Atlanta, but all across the nation. Furthermore, you can't lump all of the cities you listed in the same category and imply that one factor they have in common is what caused them to decline.

[toredyvik]

Originally Posted by FlyiMetro

Did you used to live in Atlanta??

hahah nah DC, i guess my post was kind of random...

[neil0311]

Originally Posted by RandyWatson13

Trust me its B.s

Sorry...you're wrong. There are jobs out there, just not enough skilled people to staff them. See the link below for a story today on CNBC on the topic, and there have been others.

News Headlines

[FlyiMetro]

Originally Posted by Vlajos

Think 400 CE.

Actually Rome is struggling today as well.

Oh Roman Empire days....whats wrong out in Italy?