Tuesday, November 19, 2019

Company Blog

Module Positions

Module Variations

America's New Boomtown City Is ...

Written by 
Rate this item
(1 Vote)

By Claire Gordon

  • Posted May 7th 2013 @ 8:30AM


Nashville job growthIt isn't just singer-songwriters who are flocking to Nashville these days. So areengineers and nurses,accountants anddevelopersdental assistants and robot-designers. The country music capital led the nation in job growth last year, according to revised data from the Bureau of Labor Statistics, andreported by The City Paper. The formerly sleepy Southern town is now the nation's brightest spot of opportunity.

Between 2011 and 2012, the Nashville metro area experienced job growth of 3.9 percent, more than any other metro area with a population of more than 1 million. Nashville's music industry -- the second largest in the country after New York's -- employs thousands, but that's not what's powering the boom. Rather, it's the city's flourishing health care sector, and a wave of companies that have packed up their headquarters and moved to the Tennessee capital. 

More: Oil Boomtowns: Plenty of Jobs, But No Place To Live

Health care is the biggest industry in Nashville: The area is home to more than 300 health care companies, reported BusinessClimate.com, including the two enormous and enormously profitable hospital chains Hospital Corporation of America and Community Health Systems Inc. Nashville's reputation as a thriving medical center has built on itself, with more and more companies in the industry gravitating to the Sun Belt city. There are currently over 800 health-care-related job openings in the Nashville area listed atCareerBuilder.com (an AOL Jobs partner).

Employers like the business-friendly climate: Businesses in an array of other industries have also made the southern migration. Citing the lower cost of doing business, Nissan Motor Co. moved its North American headquarters, and 1,300 jobs, from California to a Nashville suburb in 2006. Tennessee has no state income tax, cheap real estate and low living costs, and to seal the deals, Nashville has been exceptionally generous with the tax breaks and credits it offers companies considering a move.

More: 10 Highest-Paying Jobs In A Booming Sector

The business-process-outsourcing firm IQT Inc. announced that it was relocating from New York City to Nashville in 2011, reported Area Development Online, having been tempted by perks like a grant to offset startup costs, and an additional grant for each job created. Company Co-CEO Alex Mortman also said that the city, which is home to dozens of colleges and universities, including Tennessee State University and Vanderbilt University, had the "smart, educated, technology savvy people" whom they were looking to hire.

Nashville's culture is also a major draw: "The food scene here, the entertainment scene, the people seem friendly, the employee base seems to be welcoming," Hazem Ouf, president of national restaurant chain American Blue Ribbon Holdings, told WKRN-TV about the company's decision to relocate last year. "Certainly you can feel the Southern hospitality here."

While Tennessee's unemployment rate is stuck above the national average, Nashville's is more than a whole percentage point below. It seems that almost every day a major company is changing its tune about where to be headquartered, and that tune is increasingly being played on a fiddle.

Read 4473 times Last modified on Friday, 10 May 2013 18:13
Super User

Aenean volutpat adipiscing mi. Maecenas a aliquam diam. Curabitur auctor, nulla ut rhoncus semper, mauris eros hendrerit m.

Website: www.7studio.eu

Latest on Blog

  • 1
  • 2
  • 3

The best cities for jobs 2014

15-05-2014 Hits:6574 Nashville Ranking

No. 6: Nashville-Davidson-Murfreesboro-Franklin, TN2013 Number Of Jobs: 823,000Job Growth, 2013: 3.0%Job Growth, 2008-13: 9.7% For Full Article Please Click Here Read more

The South’s Red-Hot Town

15-05-2014 Hits:8373 Nashville Ranking

Nashville and its economy are on fire, sparked by a booming cultural scene,world-class health care, rising universities--and a really good spot on the map It was,... Read more

52 Places to Go in 2014

15-05-2014 Hits:5240 Nashville Ranking

Witness a city in transformation, glimpse exotic animals, explore the past and enjoy that beach before the crowds.   15. Nashville, Tenn.   Leather jackets and skinny jeans join cowboy... Read more

From our Blog

  • 1
  • 2
  • 3
  • 4

The best cities for jobs 2014

No. 6: Nashville-Davidson-Murfreesboro-Franklin, TN2013 Number Of Jobs: 823,000Job Growth, 2013: 3.0%Job Growth, 2008-13: 9.7% For Full Article Please Click Here Read more

15-05-2014 Nashville Ranking

Super User Hits:6574

The South’s Red-Hot Town

Nashville and its economy are on fire, sparked by a booming cultural scene,world-class health care, rising universities--and a really good spot on the map It was, I think, the hum. At Midday recently at Joe Ledbetter's BrickTop's restaurant in Nashville–a busy... Read more

15-05-2014 Nashville Ranking

Super User Hits:8373

52 Places to Go in 2014

Witness a city in transformation, glimpse exotic animals, explore the past and enjoy that beach before the crowds.   15. Nashville, Tenn.   Leather jackets and skinny jeans join cowboy boots.   Country music lovers have long made the pilgrimage to Nashville, but now the city has... Read more

15-05-2014 Nashville Ranking

Super User Hits:5240

Surging Nashville home market sets sales…

Nevin Batiwalla Staff Reporter-Nashville Business Journal For the first time ever, the median sales price for a single-family home in Nashville surpassed $200,000 in June, the Greater Nashville Association of Realtors announced today. The median price for a single-family home sold in Nashville last month... Read more

15-05-2014 Nashville Ranking

Super User Hits:5285

Join Us

Join Cloud Realty

Call Head Coach Phil Dildine, confidentially, on his personal cell phone at 615-476-6738 and set up a time to meet and discuss how "The Cloud" can help you.