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Showing posts with label Forbes magazine. Show all posts
Showing posts with label Forbes magazine. Show all posts

Saturday, June 13, 2009

Forbes: Mobile Among Best Cities for Recession Recovery


Mobile has been a popular subject for Forbes magazine. Over the last two years, the magazine has touted Mobile as one of the best bounce back areas of the country and as one of the top cities in the country for economic growth over the next five years. Well in a June 9th article, Forbes has named Mobile among its best cities in America for recession recovery. Here is link to the article - Forbes article on Mobile, AL.

According to the article, the Mobile region "has seen job growth in mining, natural resources, transportation and utilities. With unemployment above 8%, the recession can be felt, but that didn't stop Mobile from making Forbes' list of the best medium-sized cities for jobs."

Most of the potential lies in the Thyssen Krupp plant, the aerospace related jobs at Brookley Field, and shipping related business along the Mobile riverfront.

The mayor of Mobile is currently in France at the Paris Air Show. He has scheduled meetings with EADS, Northrop Grumman, with three of their suppliers that the Mobile area is trying to court to come to Mobile and bring additional jobs to Mobile.

The current unemployment rate in Mobile is 8.5 %, but there are signs that Mobile is poised to recover from the recession faster than other areas of the country and Forbes evidently agrees.

Friday, April 17, 2009

Mobile among best areas for job growth


Forbes Magazine this week released an article regarding the best cities in the country for job growth. Mobile was named the 10th best among mid-sized cities. Please click Forbes magazine article to see the story. The editors tauted the German Steel plant ThyssenKrupp as a major source of jobs in our area for next 5 years. The editors look at short-,middle-and long time growth in determining their ratings. The article was part of a 3 part series of articles for Best Cities for Jobs. Information about Mobile was found in the Best Mid-Sized Cities section. The editors said that to be honest "This year perhaps we should call the rankings not the "best" places for jobs, but the 'least worst'.
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