From today’s JTSB:
The city of Joplin took a high honor in the May 2, 2011 issue of Forbes Magazine when it was recognized as the top Missouri city for job growth.
Joplin is ranked 24th in the ranking of 398 metropolitan areas across the country, making it the highest ranked Missouri city. Columbia, Mo. placed 29th, making it the second ranked Missouri city.
The 398 current metropolitan statistical areas were ranked based on employment data from the Bureau of Labor Statistics. Rankings were based on recent growth trends, mid-term growth and long-term growth and momentum.
The rankings were also broken down by size of metro area. In the "small cities" categories, which have less than 150,000 jobs, Joplin ranked 16th out of 243 metropolitan areas.
The survey of the best cities for jobs cited the revival of the distressed industrial sector, which it noted has grown consistently over the past 21 months. The data showed that manufacturing regions are beginning to move up on the annual list of best cities for jobs.
"Despite the economic downturn, manufacturing comprised 20% of private sector employment in the Joplin metro area in 2010," said Rob O'Brian, president of the Joplin Area Chamber of Commerce. "It still remains the single largest employment sector for our area and the steady rebound through last year is reflected in this new survey.
"Add to that the diversity of our economic base with health care, transportation, retail and a rebounding construction sector and it appears that the Joplin region is recovering from the economic downturn that began three years ago".
However, O'Brian also pointed out that the survey, while comparing mid- and long-term trends, is also a snapshot in time.
"Last year, we were happy to be in the top one-third of the cities, again reflecting our diverse economic base even in the bottom of the recession. This year, we are in the top 10%, but positions will change again next year as other communities see economic recovery".
The 2011 rankings were based upon the region's growth both recently and over time. The rankings included all of the metropolitan statistical areas (MSAs) for which the Bureau of Labor Statistics compiles monthly employment data reports. Large areas include those with a current non-farm employment base of at least 450,000 jobs. Mid-size areas range from 150,000 to 450,000 jobs. Small areas have as many as 150,000 jobs.
Job categories that were analyzed include total nonfarm employment, manufacturing, financial services, business and professional services, educational and health services, information, retail and wholesale trade, transportation and utilities, leisure and hospitality, and government.
Below is an article related to Joplin and job growth. My suggestion is for Neosho to model what we can from Joplin to increase our growth of manufacturing jobs.
From today’s JTSB:
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