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Old 05-18-2011, 02:43 PM
 
Location: Crown Town
2,742 posts, read 6,752,139 times
Reputation: 1680

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I dedicate this post to our good friend Yantosh….


Full Story: Charlotte among best cities for college grads | Charlotte Business Journal

Median monthly rent: $774 (nat. average, $817)

Median income (2009): $28,386 (nat. average, $30,402)

Income growth (2005 to 2009): 4.39%

Unemployment rate: 10.4% (nat. average, 9.2%)

Percentage of residents ages 20-24: 6.1% (nat. average, 7.0%)

With a metro population of 1,745,524, Charlotte is the second-largest banking center in the country, and it has the jobs to prove it: Wells Fargo (WFC) and Bank of America (BAC) rank among the city's top employers. Charlotte's diversified economy has also seen gains in fields such as aviation, defense, bioscience and energy production, and the city added 4,900 private-sector jobs last year alone. US Airways Group (LCC) has its headquarters here. Low rents and living costs combined with a glitzy, developing uptown district make it worth a look.

Pros: A cost-of-living bargain compared to other major cities, rebounding economy.

Cons: High, but falling, crime rates, limited public transportation

Link: Charlotte, N.C. - 10 Great Cities for College Grads - Kiplinger
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Old 05-18-2011, 05:40 PM
 
495 posts, read 1,078,094 times
Reputation: 807
Quote:
Originally Posted by Carolina Blue View Post
I dedicate this post to our good friend Yantosh….


Full Story: Charlotte among best cities for college grads | Charlotte Business Journal

Median monthly rent: $774 (nat. average, $817)

Median income (2009): $28,386 (nat. average, $30,402)

Income growth (2005 to 2009): 4.39%

Unemployment rate: 10.4% (nat. average, 9.2%)

Percentage of residents ages 20-24: 6.1% (nat. average, 7.0%)

With a metro population of 1,745,524, Charlotte is the second-largest banking center in the country, and it has the jobs to prove it: Wells Fargo (WFC) and Bank of America (BAC) rank among the city's top employers. Charlotte's diversified economy has also seen gains in fields such as aviation, defense, bioscience and energy production, and the city added 4,900 private-sector jobs last year alone. US Airways Group (LCC) has its headquarters here. Low rents and living costs combined with a glitzy, developing uptown district make it worth a look.

Pros: A cost-of-living bargain compared to other major cities, rebounding economy.

Cons: High, but falling, crime rates, limited public transportation

Link: Charlotte, N.C. - 10 Great Cities for College Grads - Kiplinger
Hmm, not sure the barking up this tree should be as loud as it is, given that our unemployment rate is higher than the national average. I feel extremely fortunate to have the privilege of an occupation right now and don't pretend that everyone has it the same way. The last thing we need is to make things even more difficult for the highly-skilled but currently unemployed who were hit hard in the economic downturn. It's hard enough without a bunch of young bucks who know next-to-nothing about this area to add to the competition pool. Can be analogized to the traditional folly of urban sprawl where an existing shopping center is left to rot instead of being remodeled while an entirely new building is constructed from scratch elsewhere. You end up with too many buildings and not enough tenants, and resulting blight.

EDIT: wait a minute. They mention US Airways Group being headquartered here? Didn't realize that Charlotte was a suburb of Tempe, AZ. This ain't 2004 anymore.
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Old 05-18-2011, 06:56 PM
 
Location: Crown Town
2,742 posts, read 6,752,139 times
Reputation: 1680
Quote:
Originally Posted by blueheronNC View Post
EDIT: wait a minute. They mention US Airways Group being headquartered here? Didn't realize that Charlotte was a suburb of Tempe, AZ. This ain't 2004 anymore.
That's actually a natural mistake given Charlotte is their largest employment center and their largest hub.
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Old 05-18-2011, 07:31 PM
 
1,661 posts, read 3,289,257 times
Reputation: 552
This quote from that article makes me laugh....
"Wells Fargo and Bank of America rank among the city’s top employers."
Thanks for the laugh since you posted it for me.

Now I have one for you from Consumer Reports online site: (I'm guessing the Business Journal won't cover this.)

Worst Company In America Trophies In The Mail To BP & Bank Of America! - The Consumerist
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Old 05-18-2011, 07:36 PM
 
Location: Washington DC
4,980 posts, read 5,395,326 times
Reputation: 4363
Quote:
Originally Posted by blueheronNC View Post

EDIT: wait a minute. They mention US Airways Group being headquartered here? Didn't realize that Charlotte was a suburb of Tempe, AZ. This ain't 2004 anymore.

Even Then, The HQ was in Crystal City, Virginia. not Charlotte.


Nice article though.
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Old 05-18-2011, 07:52 PM
 
1,661 posts, read 3,289,257 times
Reputation: 552
The airline was never HQ'd here. Even when it was Piedmont Airlines, the HQ was in Winston Salem.

(yeah, that article is a real winner)
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Old 05-19-2011, 09:57 AM
 
Location: Crown Town
2,742 posts, read 6,752,139 times
Reputation: 1680
Quote:
Originally Posted by yantosh22 View Post
The airline was never HQ'd here. Even when it was Piedmont Airlines, the HQ was in Winston Salem.

(yeah, that article is a real winner)
...
Quote:
Originally Posted by Carolina Blue View Post
That's actually a natural mistake given Charlotte is their largest employment center and their largest hub.
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Old 06-09-2011, 12:38 PM
 
Location: Crown Town
2,742 posts, read 6,752,139 times
Reputation: 1680
A different list released on 6/7/11. Charlotte’s skyline is featured on their front page….

Top 10 Cities for College Grads
1. Lincoln, NE
2. San Antonio, TX
3. San Jose, CA
4. Kansas City, MO
5. Fort Worth, TX
6. Charlotte, NC
7. Knoxville, TN
8. Tuscon, AZ
9. Provo, UT
10. Nashville, TN

Story: Top 10 Cities for College Graduates Announced By Livability.com. Lincoln, Nebraska, Tops the List
More info: Livability | Discover America's Best Places to Live
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Old 06-09-2011, 01:33 PM
 
495 posts, read 1,078,094 times
Reputation: 807
Quote:
Originally Posted by Carolina Blue View Post
A different list released on 6/7/11. Charlotte’s skyline is featured on their front page….

Top 10 Cities for College Grads
1. Lincoln, NE
2. San Antonio, TX
3. San Jose, CA
4. Kansas City, MO
5. Fort Worth, TX
6. Charlotte, NC
7. Knoxville, TN
8. Tuscon, AZ
9. Provo, UT
10. Nashville, TN

Story: Top 10 Cities for College Graduates Announced By Livability.com. Lincoln, Nebraska, Tops the List
More info: Livability | Discover America's Best Places to Live

Well, I guess in today's economy when most college grads. end up unemployed, it makes sense to list towns that have relatively low housing costs so that their parents can move here and continue boarding their newly-minted college graduate in their basement.
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Old 06-09-2011, 03:08 PM
 
Location: State of Being
35,879 posts, read 77,498,031 times
Reputation: 22752
Quote:
Originally Posted by blueheronNC View Post
Well, I guess in today's economy when most college grads. end up unemployed, it makes sense to list towns that have relatively low housing costs so that their parents can move here and continue boarding their newly-minted college graduate in their basement.

OMG!

<frantically wiping up the Co-Cola wh/ just spewed all over my keyboard>
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