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Old 07-01-2015, 10:12 AM
 
6,479 posts, read 7,164,606 times
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The Atlanta growth engine is back! Atlanta was second only to Dallas-Fort Worth..
Quote:
Atlanta had the second-fastest rate of job growth of the 12 largest metros in the country in May, the U.S. Bureau of Labor Statistics reported Wednesday.
Total nonfarm employment for region was up 3.2 percent to 2,583,200 -- an increase of 79,000 from a year ago. Atlanta trailed only Dallas-Fort Worth-Arlington, which saw a 3.4 percent jump.

Atlanta experienced its largest increase in professional and business services. Trade, transportation, and utilities had the second-largest increase in jobs.

Three other sectors in metro Atlanta gained at least 5,500 jobs since last May — education and health services added 9,800 jobs, construction created 6,100 jobs, and financial activities added 5,700.
Atlanta No. 2 metro for job growth in May - Atlanta Business Chronicle
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Old 07-01-2015, 10:33 AM
 
6,610 posts, read 9,034,729 times
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It took us a little longer to rebound, but in true Atlanta style we've done it with a vengeance. Who would have thought two years ago that we could compete with the Texas cities in job growth?
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Old 07-01-2015, 10:37 AM
 
Location: O4W
3,744 posts, read 4,784,744 times
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There are at least 3 trolls mad at this info
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Old 07-01-2015, 10:46 AM
 
Location: Jonesboro
3,874 posts, read 4,697,255 times
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Yes Joe.^^ And as we all should know, nothing lasts forever, as for example in terms of job growth or job loss trends, etc.
In terms of the monthly job total change recorded from April 2015 to May 2015, who would have expected that both California & New York State would have both beaten the pants off of the Texas figure with Michigan's growth total being a strong 4th place finisher in the data.
The worm will always turn, eventually...

Last edited by atler8; 07-01-2015 at 10:47 AM.. Reason: left out a name
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Old 07-01-2015, 11:50 AM
 
Location: N.C. for now... Atlanta future
1,243 posts, read 1,377,719 times
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These are the types of headlines I like to see! The building boom is great but the jobs are most needed and most important for people everywhere. No growth is possible without job growth to sustain it.
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Old 07-01-2015, 12:31 PM
 
Location: N.C. for now... Atlanta future
1,243 posts, read 1,377,719 times
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Quote:
Originally Posted by atler8 View Post
Yes Joe.^^ And as we all should know, nothing lasts forever, as for example in terms of job growth or job loss trends, etc.
In terms of the monthly job total change recorded from April 2015 to May 2015, who would have expected that both California & New York State would have both beaten the pants off of the Texas figure with Michigan's growth total being a strong 4th place finisher in the data.
The worm will always turn, eventually...
It's not all that surprising... California has such a large population and the northern half has such an educated workforce with top-notch universities like Stanford that the rich population will be appealing to business regardless. The state succeeds largely in spite of uncompetitive environments due to these facts. New York benefits from the economic behemoth of NYC and also has a highly educated workforce. New York state is also borrowing from the sunbelt in reducing constraints on business and economic freedom by reducing heavy taxation and regulatory strictures (those TV commercials promoting New York blare this a lot around here). Michigan is another state with a highly educated (and sometimes more importantly), highly skilled workforce that has loosened it's economic strictures to promote growth. Generations of heavy and advanced manufacturing have created economies of scale that a lot of other states simply cannot match.

The sunbelt will go on but it's good to see the other important components of the U.S. economy doing well. Given that the U.S. was overtaken by China last year in GDP, we need to get moving after so many years of sluggishness.
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Old 07-01-2015, 12:54 PM
 
4,757 posts, read 3,365,740 times
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Quote:
Originally Posted by Airforceguy View Post
The Atlanta growth engine is back! Atlanta was second only to Dallas-Fort Worth..

Atlanta No. 2 metro for job growth in May - Atlanta Business Chronicle

Glad that the jobs growth is spread out and not just centered on a few.
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Old 07-01-2015, 04:25 PM
 
Location: Atlanta
1,186 posts, read 1,512,315 times
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Quote:
Originally Posted by afdinatl View Post
There are at least 3 trolls mad at this info
Preach chile!
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Old 07-01-2015, 04:36 PM
 
16,701 posts, read 29,526,453 times
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I thought we were beginning to grow faster than Dallas?
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Old 07-01-2015, 04:43 PM
 
1,582 posts, read 2,185,517 times
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Quote:
Originally Posted by JoeTarheel View Post
It took us a little longer to rebound, but in true Atlanta style we've done it with a vengeance. Who would have thought two years ago that we could compete with the Texas cities in job growth?
These things are ALWAYS cyclical. The advantages that made Atlanta a booming metro for decades didn't suddenly vanish during the recession. That's why I found all of the doom and gloom articles so pointless. Metro Atlanta certainly has its challenges but so does every other large, growing urban center.
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