According to a feature published this week by BNET, “The Coming Job Boom,” Seattle is a “hot city for the next decade” and a “future job incubator.” The article attributes Seattle’s high ranking to its job-growing economy, healthy entrepreneurial activity, and highly educated, tech-savvy workforce.
Using research collected from Bureau of Labor Statistics, interviews with regional economists, and current industry trends, “The Coming Job Boom” projects that Seattle will experience a remarkable 12% overall job growth during the years between 2008 and 2018.
Seattle, like many of the other nine hotspots named in BNET’s feature, have a few key characteristics in common, including:
- Notable research institutions
- Technology based industry sectors
- Vibrant and healthy communities
The article also highlights Seattle’s high rate of college-educated residents (almost half of the population of 598, 541 people) as well as the reason for naming Seattle a “future job incubator”:
“Seattle just keeps building on past successes. For decades, it spawned companies that grew into job-creation machines—and stuck around the area with those jobs: Boeing, Microsoft, Amazon.com, Starbucks, Costco, Expediters International, and even retail stalwart Nordstrom, which opened its first store there at the beginning of the 20th century. Today Seattle remains an important incubator of new ventures in a wide range of industries, from IT and agriculture to manufacturing and biotech.”
Click here to read BNET’s full coverage of Seattle.
Click here to read about the other 9 hottest cities of the next decade.