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Old 12-15-2011, 09:31 AM
 
Location: Up on the moon laughing down on you
18,495 posts, read 32,933,707 times
Reputation: 7752

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Quote:
Originally Posted by 18Montclair View Post
No it doesnt.

DC, Austin and San Antonio are all losing jobs right now.

this alone tells you how wacky the list is:
Quote:
Originally Posted by west336 View Post
METHODOLOGY:

In detail, these are the 15 criteria for this year’s “Best Cities” survey. The 15 criteria fall into one of two general headings — economic stability and company concentration.
Under company concentration, the categories are:

1. Per-capital sales volume, based on revenue of S&P 500 companies in a metro area, divided by the population.
2. Per-capita sales for Fortune 500 companies in the area.
4. Number of Russell 2000 companies per capita in a metro area. (For those cities with no S&P, Fortune 500, Forbes or Russell companies, the largest metro area with a zero total in those categories finishes last.)
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Old 12-15-2011, 10:18 AM
 
Location: Atlanta
7,731 posts, read 14,357,654 times
Reputation: 2774
Quote:
Originally Posted by MDAllstar View Post
Washington tops Best Cities for Business - MarketWatch

The Top 10 Best Cities for Business

#1 Washington
#2 Boston
#3 Des Moines, Iowa
#4 Minneapolis-St. Paul
#5 Omaha, Nebraska
#6 Oklahoma City
#7 Salt Lake City
#8 Austin, Texas
#9 New York
#10 San Antonio
More boosting by the top cheerleader of the DMV.

Don't hold your breath, MDAllstar. The painfull job cuts and layoffs are coming to your region next. All of the proposed developments that you have been touting are dead on arrival, sorry to say.
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Old 12-15-2011, 10:46 AM
 
Location: Washington D.C.
13,727 posts, read 15,741,344 times
Reputation: 4081
Quote:
Originally Posted by 18Montclair View Post
No it doesnt.

DC, Austin and San Antonio are all losing jobs right now.
One problem though, when you have the most jobs per capita in the nation of any major metropolitan area, you would have to literally fall off the map to fall behind other major metro area's around the nation. D.C. and Boston are head and shoulders above any other major metro area by a good distance with room to spare. It would take a natural disaster for any other major metro area to catch the cities on top of this list.

Here is an example:

Jobs divided by total population =

Boston MSA Jobs = 2,499,500
Boston MSA Pop. = 4,552,402
Boston Jobs vs. Pop. =55%

D.C. MSA Jobs = 2,994,300
D.C. MSA Pop. = 5,582,170
D.C. Jobs vs. Pop. = 54%


And then the rest:

Chicago MSA Jobs = 4,316,200
Chicago MSA Pop. = 9,461,105
Chicago Jobs vs. Pop. = 46%

Philly MSA Jobs = 2,718,200
Philly MSA Pop. = 5,965,343
Philly Jobs vs. Pop. = 46%

Dallas MSA Jobs = 2,943,800
Dallas MSA Pop. = 6,477,315
Dallas Jobs vs Pop. = 45%

NYC MSA Jobs = 8,382,800
NYC MSA Pop. = 18,897,109
NYC Jobs. vs. Pop. = 44%

San Fran MSA Jobs = 1,909,300
San Fran MSA Pop. = 4,335,391
San Fran Jobs vs. Pop. = 44%

Houston MSA Jobs = 2,628,500
Houston MSA Pop. = 5,946,800
Houston Jobs vs. Pop. = 44%

Atlanta MSA Jobs = 2,248,100
Atlanta MSA Pop. = 5,268,860
Atlanta Jobs vs. Pop. = 43%

L.A. MSA Jobs = 5,194,000
L.A. MSA Pop. = 12,828,837
L.A. Jobs vs. Pop. = 40%


And since D.C., Boston, and San Francisco each have a very complex regional job market with their CSA population growing considerably from their MSA population. Here is the CSA numbers for those three:

D.C. CSA Jobs = 4,384,400
D.C. CSA Pop. = 8,796,906
D.C. Jobs vs. Pop. = 50%

Boston CSA Jobs = 3,382,900
Boston CSA Pop. = 7,559,060
Boston Jobs vs. Pop. = 45%

San Fran CSA Jobs = 2,878,200
San Fran CSA Pop. = 7,468,390
San Fran Jobs vs. Pop. = 38%


October 2011 Table 3. Employees on nonfarm payrolls by state and metropolitan area
Table 3. Employees on nonfarm payrolls by state and metropolitan area
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Old 12-15-2011, 10:59 AM
 
Location: Washington D.C.
13,727 posts, read 15,741,344 times
Reputation: 4081
Quote:
Originally Posted by johnatl View Post
More boosting by the top cheerleader of the DMV.

Don't hold your breath, MDAllstar. The painfull job cuts and layoffs are coming to your region next. All of the proposed developments that you have been touting are dead on arrival, sorry to say.
LOL.......

D.C. would have to lose 443,300 jobs without adding one additional job just to tie with Chicago and Philadelphia for third at 46% in major metropolitan area jobs vs. population rankings in the nation.

D.C. would have to lose a whopping 594,300 jobs without adding one additional jobs to tie with Atlanta at 43% in major metropolitan area jobs vs. population rankings in the nation.
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Old 12-15-2011, 11:03 AM
 
Location: Los Altos Hills, CA
36,653 posts, read 67,487,099 times
Reputation: 21229
Quote:
Originally Posted by MDAllstar View Post
One problem though, when you have the most jobs per capita in the nation of any major metropolitan area, you would have to literally fall off the map to fall behind other major metro area's around the nation. D.C. and Boston are head and shoulders above any other major metro area by a good distance with room to spare. It would take a natural disaster for any other major metro area to catch the cities on top of this list.
Nonetheless, DC has seen its year over year unemployment rate increase so to say that the jobs picture is rosy there is totally inaccurate and detached from reality.
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Old 12-15-2011, 11:08 AM
 
Location: Washington D.C.
13,727 posts, read 15,741,344 times
Reputation: 4081
Quote:
Originally Posted by 18Montclair View Post
Nonetheless, DC has seen its year over year unemployment rate increase so to say that the jobs picture is rosy there is totally inaccurate and detached from reality.
I wouldn't call a low 6% unemployment rate right now in D.C. bad. Would you? And actually, D.C. added enough jobs to remain positive from October 2010-2011 so I don't know where you are getting your lost jobs numbers from. You need to really look at how far D.C. is ahead of the curve to see how far we would have to fall to be at the level of everyone else. Just reality really. The numbers I just posted are staggering! The private sector will continue to add jobs in D.C. D.C. will not add as many jobs as it did in the past but do we really need to?
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Old 12-15-2011, 12:04 PM
 
Location: Los Altos Hills, CA
36,653 posts, read 67,487,099 times
Reputation: 21229
Quote:
Originally Posted by MDAllstar View Post
I wouldn't call a low 6% unemployment rate right now in D.C. bad. Would you?
Compared to where we were just a decade ago, 6% is about normal.

Its interesting how times have changed.
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Old 12-15-2011, 12:21 PM
 
Location: The City
22,378 posts, read 38,895,654 times
Reputation: 7976
Quote:
Originally Posted by MDAllstar View Post
One problem though, when you have the most jobs per capita in the nation of any major metropolitan area, you would have to literally fall off the map to fall behind other major metro area's around the nation. D.C. and Boston are head and shoulders above any other major metro area by a good distance with room to spare. It would take a natural disaster for any other major metro area to catch the cities on top of this list.

Here is an example:

Jobs divided by total population =

Boston MSA Jobs = 2,499,500
Boston MSA Pop. = 4,552,402
Boston Jobs vs. Pop. =55%

D.C. MSA Jobs = 2,994,300
D.C. MSA Pop. = 5,582,170
D.C. Jobs vs. Pop. = 54%


And then the rest:

Chicago MSA Jobs = 4,316,200
Chicago MSA Pop. = 9,461,105
Chicago Jobs vs. Pop. = 46%

Philly MSA Jobs = 2,718,200
Philly MSA Pop. = 5,965,343
Philly Jobs vs. Pop. = 46%

Dallas MSA Jobs = 2,943,800
Dallas MSA Pop. = 6,477,315
Dallas Jobs vs Pop. = 45%

NYC MSA Jobs = 8,382,800
NYC MSA Pop. = 18,897,109
NYC Jobs. vs. Pop. = 44%

San Fran MSA Jobs = 1,909,300
San Fran MSA Pop. = 4,335,391
San Fran Jobs vs. Pop. = 44%

Houston MSA Jobs = 2,628,500
Houston MSA Pop. = 5,946,800
Houston Jobs vs. Pop. = 44%

Atlanta MSA Jobs = 2,248,100
Atlanta MSA Pop. = 5,268,860
Atlanta Jobs vs. Pop. = 43%

L.A. MSA Jobs = 5,194,000
L.A. MSA Pop. = 12,828,837
L.A. Jobs vs. Pop. = 40%


And since D.C., Boston, and San Francisco each have a very complex regional job market with their CSA population growing considerably from their MSA population. Here is the CSA numbers for those three:

D.C. CSA Jobs = 4,384,400
D.C. CSA Pop. = 8,796,906
D.C. Jobs vs. Pop. = 50%

Boston CSA Jobs = 3,382,900
Boston CSA Pop. = 7,559,060
Boston Jobs vs. Pop. = 45%

San Fran CSA Jobs = 2,878,200
San Fran CSA Pop. = 7,468,390
San Fran Jobs vs. Pop. = 38%


October 2011 Table 3. Employees on nonfarm payrolls by state and metropolitan area
Table 3. Employees on nonfarm payrolls by state and metropolitan area

You do realize the flaw in this calculation though may not chnage the ranking dramatically. This doesnt factor age, meaning employable population
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Old 12-15-2011, 12:24 PM
 
Location: The City
22,378 posts, read 38,895,654 times
Reputation: 7976
Quote:
Originally Posted by 18Montclair View Post
Compared to where we were just a decade ago, 6% is about normal.

Its interesting how times have changed.

Not to mention troops out of Iraq and Af. Wonder what those contract support renewal rates will be
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Old 12-15-2011, 02:56 PM
 
Location: Up on the moon laughing down on you
18,495 posts, read 32,933,707 times
Reputation: 7752
Quote:
Originally Posted by MDAllstar View Post
One problem though, when you have the most jobs per capita

Jobs divided by total population =
sorry to be so blunt hun, but this is a BS calculation. not every last person in every metro are of working age.

You are including my 8 month old daughter and 85 year old grandpa in your calculation.

All this tells us is that DC is Bachelor/ette City USA. the higher per capita ranking just shows that it is a single ladies town.

you need to go to Factfinder. Pull out the 18-65 year old for each metro and use that in your calculation.

DC may still be on top then, but I am assuring you that the percentages will be a lot closer and a lot more meaningful
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