Posted on 09/30/2009 9:05:21 PM PDT by Saije
Younger Americans just starting out in their careers have always been willing to relocate, but with unemployment high and jobs hard to come by, this mobile generation has become more cautious about making just any move.
As a result, cities with staying power and emerging industries may benefit the most once the recession lifts.
Leading the list and sharing the number one spot are Washington D.C and Seattle.
They're cities with long histories of government jobs and related industries.
A Wall Street Journal panel ranked the cities based on job possibilities, affordability and quality of life.
One big change, panelists say college grads and singles will be taking fewer risks.
"Even when the recession recedes I think these young people are going to say 'hey, we can't take anything for granted and we're gonna go to places that seem like pretty safe bets in terms of us getting a job and having a nice lifestyle,'" William Frey of the Brookings Institute said.
The unemployment rate for Americans between 18 and 24-years-old is estimated to be 18 percent.
That's nearly twice the overall national unemployment.
They're all competing with each other along with older out of work Americans...
New York City suffered from the financial crisis, but the Big Apple still rounds out the top five cities, along with Portland, Oregon and Austin, Texas.
Cities not on the list this time: Charlotte, North Carolina, also hit hard by the banking crisis, and Las Vegas.
"It was like a one-trick pony, Las Vegas, people came there because it was an affordable place to live," Frey said.
Young Americans are looking to make their mark in cities brimming with opportunities.
Among the other top 10 cities: Denver, Dallas, Boston and the Raleigh Durham area of North Carolina.
(Excerpt) Read more at 14wfie.com ...
Aren’t a lot of big-name aircraft manufacturers in the Seattle area? Lots of big government contracts.
Boeing, which is struggling with the 787 project and fighting a pitched battle against Airbus for the nextgen USAF tanker project.
>>Aren’t a lot of big-name aircraft manufacturers in the Seattle area? Lots of big government contracts.<<
Well, there is one, but is a big one: Boeing.
But Seattle is density sensitive and super duper expensive. I suspect people WANT to go there but very soon are priced out.
Now as a consultant with an engagement there with expenses covered? Cooler that cool! Lived in corporate housing in Queen Anne, under the shadow of the Space Needle. Meals, taxis, even dry cleaning covered.
Of course I only saw the sun 14% of the time, but when it came out it was spectacular.
Why are most of the cities on the list left-wing liberal cities?? Seems to be that all of them except maybe Raleigh, and possibly Denver, are infested with left-wing vermin. Surely, there must be some good Conservative places to go and live, where one can earn a good salary, and the prospects for the future are good.
Denver is liberal.
Denver is liberal.
Seattle is a nice city, but wages are affected by the lack of jobs in other than web-centric applications. Microsoft
is the gorilla in the room, and they have scaled back hiring
and cut contractor rates 20% since January. Boeing is scaling back as well and operations apart from the 787
seem to be moving elsewhere (the engineers at Boeing in WA are unionized). I would hate to have to leave but the
hordes of H1b’s brought here by Ballmer and Co make it difficult for wages to advance.
I didn’t read the article, but all of the cities noted in the excerpt are very liberal. That includes Denver and Dallas. ....Unfortunately, Texas has three very liberal cities: Austin, Dallas and Houston, and San Antonio is moving in that direction as well.
If the liberals in Texas in these heavily populated cities manage to turn Texas into a blue State, we as a State and Country are doomed to a future of socialism.
Interesting observation. No left wing city can remain prosperous for very long. Eventually they run out of other people's money.
I think a lot of what gets labeled as "liberal" is more Libertarian. Austin is the prime example. We have state government and a major university that tilts it left, but many of the state Rats are moderates and some of what looks like the left are actually Libertarian entrepreneurs (like the Whole Foods CEO, John Mackey) versus Mark Cuban (fitting last name).
Also, the cities mentioned are most likely judged by the Metropolitan Statistical Area (MSAs) versus the city proper. The Dallas MSA includes Fort Worth (DFW), which has a good high tech manufacturing base (military) and is mainly conservative. Dallas is a patchwork of entitlement-addicted / gangster-cool pockets versus suburban soccer moms and professionals.
Tell me about it. My nabe (Astoria/Long Island City) is filled with young kids who move here from god knows where (also known as central Ohio/PA) without having a job.
Yet I’m sure they swiftly were registered Democrats as soon as they landed in Queens.
They just had an article in the Queens Chronicle about two girls from West Virginia who had Fine Arts degrees earning $6.50 an hour working in a local cafe. I’m sure they don’t need mommy and daddy to kick in for the rent.
The main things that keep me from moving to Texas is the weather, the sprawl (I HATE driving long distances), and the lack of zoning laws to keep out the undesirables.
$6.50 an hour ? Damn. In NYC, that’s like earning two bits. That wouldn’t even pay rent for a closet at the YWCA.
Best option for a young girl with a Fine Arts degree in NYC: stripper. I wish I were kidding. A guy with a Fine Arts degree should either learn web design (which doesn’t pay much), or become a “rent boy” because he won’t get that far here.
“two girls from West Virginia who had Fine Arts degrees”
Goes a long way to explaining WHY they are working in a Cafe making $6.50 per hour, doesn’t it?
Degrees like “Fine Arts” used to be considered “husband-searching” degrees. Looks like these two missed the boat.
I can understand the allure of NYC, the place of my concepción, and I harbored some notions of moving there as a kid, but I’m also not stupid enough to go to a place like that without a guaranteed job and decent salary. I always thought if you really want a taste of NY reality to get off the train at Grand Central and find yourself deposited on 42nd, inhaling all the fumes from the buses and the taxis, and the onslaught of people moving this way and that... that alone is a wake up call and if you find that overwhelming (as most would), NYC ain’t for you.
My BIL went to New York for the first time two years ago. He was giving a training in New Jersey, and took the train to Penn Station one night. As soon as he stepped out onto 7th Avenue, and was nearly run over, he knew the city was not for him.
Yeah, that’ll do it. Of course, I was up in slightly more sedate Boston in Copley Square when I was nearly struck by a taxi, and in true New Yorker style, I slammed my fist on his cab, screamed, “You a$$hole ! I’m walkin’ here !” Unlike in Manhattan where such a response would scarcely have folks turn their heads, I think half the people in Copley Square turned around. ;-D
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