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Once Again: So far behind, we're ahead.
http://images.businessweek.com/ss/08/10/1014_recession_cities/10.htm
The rest of the country tries to make a quick buck and eats the dirt. We keep doing what we do best and are once again like an island. But this time an island with jobs.
ht witry
//
New Orleans, La.
Share of jobs in strong industries: 40%
Number of workers: 101,752
Metro area unemployment rate: 4.7%
Agriculture jobs: 1.21%
Professional, Scientific, and Technical jobs (legal, accounting etc.): 7.17%
Education jobs: 12.23%
Health-care jobs: 13.50%
Public Administration (Government) jobs: 5.85%
New
Orleans has plenty of challenges as it recovers from 2005's Hurricane
Katrina. The population has shrunk, putting pressure on university
enrollments and hospitals. And tourism is way down. But the
unemployment rate remains low. The city's banks, which did not make a
large number of risky loans during the housing boom, are relatively
healthy. And firms are investing heavily in construction projects in
the city, rebuilding levees and building a new refinery.
November 20, 2008 in Nola Stuff | Permalink
