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Finance Flies West, and South
The recently announced departure of New York City-based Alliance Bernstein for Nashville, taking more than 1,000 jobs with it, suggests a potential loosening of New York’s iron grip on the financial-services industry. Other forces are at work, too, notably demographic shifts to Sunbelt states and the growing influence of technology companies on finance.
The Best Cities For Jobs 2018: Dallas And Austin Lead The Surging South
by Joel Kotkin and Michael Shires — Among America’s largest metropolitan areas, the economic leaders come in two flavors: Southern-fried and West Coast organic. The first group flourishes across a broad range of industries, fed by strong domestic in-migration and a friendly business climate.
Where Talent Wants to Live
by Joel Kotkin and Wendell Cox – With unemployment down and wages rising, there’s growing concern that a lengthy and potentially crippling talent shortage will sweep the U.S. Addressing this could become a critical issue for businesses competing with Asian and European firms facing similar and, in many ways, more severe shortages.