Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Just read this article, thought it was interesting. As many probably wouldn't think of Montana as the state with the highest rate of business creation.
A few other things you see in Montana. You rarely see a business go out of business, unless it is part of a national chain going bankrupt, etc. You don't see vacant shopping malls, and they are building more.
A problem, is there are not enough people to bring a business into the state of any size. The unemployment offices tell any company wanting to bring in a business of any size, to advertise and find if they can get enough employees before committing to the state. Example of a company wanting to open with well paid jobs needing to hire 300 people right off the bat. The newspaper had a big article on it a few months ago, and could only get 70 applications to put it in our biggest city and a couple of other locations they tried were less. Only about half of the applicants were qualified for the job. They had to go somewhere else.
McDonald's here, starts high school kids at $10 and when they are trained go up to $12 an hour. They constantly advertise for help, as it is too hard to find employees. They advertise at $14 an hour to start for adults in the shifts the kids are in school.
Interesting. I could see that being an issue though since I just looked up the population of Montana and it's about 1.024 million.
Interesting about McDonalds, $14 an hour is not too bad . I'm just curious so looking up housing costs now and apartments are much cheaper than in L.A, not surprising of course. But I imagine $14 could be a living wage there
It will be interesting to see this creation of new businesses leads to a big increase in population, like in Texas.
Even with the highest rate of start ups in the country, the actual number of new businesses created in Montana was only about 5500 for the reporting period, and none of these were apparently large scale operations, so it's unlikely that Montana's population is going to soar.
Also, since it appears that many of these new businesses are related to the oil shale business, they may disappear as the boom fades because of falling oil prices.
The states that this is mainly because of the Bakken Shale oil boom.
So a place with a natural resource that is being extracted fervently, and is bringing in people to do this is seeing a spike in business.
yeh, who would have thought.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
