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re: NOLA named 4th least competitive job market in US

Posted on 2/17/16 at 12:39 pm to
Posted by H.M. Murdock
B.A.'s Van
Member since Feb 2013
2113 posts
Posted on 2/17/16 at 12:39 pm to
quote:

rocket31


Can't tell if trolling or serious...
Posted by Lakeboy7
New Orleans
Member since Jul 2011
27994 posts
Posted on 2/17/16 at 12:40 pm to
quote:

So exchanging one crap hole for another? Hardly a good example of good housing.



You're right piss and bums.
Posted by member12
Bob's Country Bunker
Member since May 2008
33035 posts
Posted on 2/17/16 at 12:42 pm to
There are more opportunities in my field in Memphis, Baton Rouge and even Lafayette than in the New Orleans metro. Houston, Dallas, and Atlanta are obviously much bigger draws, but New Orleans has not competed with them in a long time. I actually think only one or two people in my entire MBA class moved to New Orleans after graduation....and after a few years they ended up in Houston anyway.

I know this is pervasive in south Louisiana outside of energy services.....but even by Louisiana standards New Orleans seems to compete far below it's weight class in white collar job opportunities. Some of the old timers I know claim that this has been the new norm since the 1980s and 1990s.

I've heard similar things from people in other industries. It's not an easy place to move to if your skills are more specialized than waiting tables or cleaning hotel rooms. Those few white collar jobs that do exists typically offer surprisingly low pay considering costs of living.

I also know a lot of guys in construction, and much of their business is propped up by public sector projects. Not saying that's a bad thing, but the private sector boom they saw after Katrina is not supporting them anymore.

That begs the question.....who the hell is buying the available housing? Is this just a case of people relocating within the metro area (I've seen that before)? Is a localized real estate bubble in the making?
Posted by MoreOrLes
Member since Nov 2008
19472 posts
Posted on 2/17/16 at 12:42 pm to
quote:

meaningless until companies want to do business in new orleans.



Companies have been leaving New Orleans and Louisiana in general since the early 80's.

Its still tough to think what could have been regarding Disney World so many decades ago.

Louisiana and New Orleans have been mostly led by Democrats. They love to blame Jindal for everything but the above is true. The Politics of New Orleans and this state have rarely been Business friendly which is why they leave and or don't come here.


Right now Georgia is in process of stealing our Hollywood South Title. They are more competitive with the incentives so we are losing that business.


Louisiana an New Orleans is unique and most of us don't leave but anyone who thinks we are ever gonna be a diverse booming economy is in denial.




Posted by rocket31
Member since Jan 2008
41884 posts
Posted on 2/17/16 at 12:43 pm to


baby boomers are also moving back into the cities to retire.

LINK

article also mentions new orleans


thanks for playing
Posted by H.M. Murdock
B.A.'s Van
Member since Feb 2013
2113 posts
Posted on 2/17/16 at 12:43 pm to
quote:

You're right piss and bums.



No, I only meant the two areas you mentioned. Both of which are shite holes. I love many areas of Orleans, just not the crap pots you flip house in.
Posted by H.M. Murdock
B.A.'s Van
Member since Feb 2013
2113 posts
Posted on 2/17/16 at 12:45 pm to
quote:

thanks for playing


Read the article and apply critical thinking skills you dolt. This article does not do much for your argument when you take in post Katrina growth as a whole and surrounding parish growth as well. Jesus...some people here are literally ignorant.
Posted by member12
Bob's Country Bunker
Member since May 2008
33035 posts
Posted on 2/17/16 at 12:48 pm to
quote:

losing IBM to BR a few years back really hurt Nola for getting bigger tech companies here. The city has so much potential but just ran by a bunch of jackasses


IBM's 800 employees going to a city New Orleans shouldn't be cannibalizing to begin with isn't the problem.

The lack of at least 3 or 4 major Fortune 500 and Fortune 1000 companies in an established, large port city like New Orleans is astounding.

At this point, I think one thing that could really help turn things around would be an airline like Frontier establishing a hub in New Orleans. Too bad the Feds let all the airlines merge with each other.
Posted by H.M. Murdock
B.A.'s Van
Member since Feb 2013
2113 posts
Posted on 2/17/16 at 12:52 pm to
quote:

The lack of at least 3 or 4 major Fortune 500 and Fortune 1000 companies in an established, large port city like New Orleans is astounding.


True, landing some Corp offices here would be a great help. A better selection of direct flights to major business hubs would also be a huge selling point.

Future growth will be centered around the VA/UMC hospital campuses.
Posted by Sid in Lakeshore
Member since Oct 2008
41956 posts
Posted on 2/17/16 at 1:01 pm to
quote:

Wrong. College kids and kids just starting their career opt for city living. Then those folks want bigger homes, garage, police and fire protection, cheaper taxes, local gov that is not run by liberal crack pots, etc...so they move to Jefferson Parish when they "grow up."

Also, Lakeview is the rare exception where young people could buy a lot for 40k a few years back. This is the sole reason for the Lakeview growth. Many folks are leaving Lakeview as they realize Orleans rapes them. Expect the prices in Lakeview to fall over the next few years.



Outside of Old Metairie and a few neighborhoods by the Lake, Jefferson Parish has gone to shite. Kenner is shite. Neither compares even remotely to the quality of life enjoyed by those living in Lakeview and along the New Orleans lakefront. Then there is the WHD, Uptown, Marigny........

New Orleans isn't going anywhere.

Yes, Real Estate values go up and down fueled by speculation and changing demographics, but a lot of people live in NOLA because they choose to, regardless of the value of their property.

It is a shame everyone doesn't feel that way about the place they live. We might have fewer threads bashing New Orleans.
Posted by dewster
Chicago
Member since Aug 2006
26372 posts
Posted on 2/17/16 at 1:10 pm to
quote:

Wrong. College kids and kids just starting their career opt for city living. Then those folks want bigger homes, garage, police and fire protection, cheaper taxes, local gov that is not run by liberal crack pots, etc...so they move to Jefferson Parish when they "grow up."



I agree with you on that. Younger people stick around the city more than they used to, but most move away to the burbs as they get older and start worrying about public services like education and law enforcement.

The problem is that a lot of those young people moving to New Orleans seem to be taking jobs at a restaurant or bar when we need them riding desks at the corporate office somewhere. In that respect, I think New Orleans doesn't compare well with Baton Rouge and Lafayette....much less Houston or Atlanta.

I think this thread is about the competitiveness of the New Orleans metro as a whole, and it's tragic lack of white collar jobs and opportunities for people with a college degree.
Posted by Epic Cajun
Lafayette, LA
Member since Feb 2013
36237 posts
Posted on 2/17/16 at 1:12 pm to
quote:

Those few white collar jobs that do exists typically offer surprisingly low pay considering costs of living.



I work in healthcare and this is not the case, for me at least.
Posted by lsupride87
Member since Dec 2007
107909 posts
Posted on 2/17/16 at 1:15 pm to
quote:

The only place I ever here that is on this board from NOLA natives.
The website in the OP, Forbes, has actually claimed that. Epic fail by you
Posted by Sid in Lakeshore
Member since Oct 2008
41956 posts
Posted on 2/17/16 at 1:17 pm to
quote:

The problem is that a lot of those young people moving to New Orleans seem to be taking jobs at a restaurant or bar when we need them riding desks at the corporate office somewhere. In that respect, I think New Orleans doesn't compare well with Baton Rouge and Lafayette....much less Houston or Atlanta.



That would be fine and all, IF the very report that started this whole thread didn't list Lafayette Louisiana as number TEN on it's list of 10 least competitive job markets. That's right, Lafayette is 6 spots lower than NOLA on the list in the OP.

Lafayette is not providing better "white collar" jobs for young people as you claim, and neither is Baton Rouge.

Posted by BRgetthenet
Member since Oct 2011
118227 posts
Posted on 2/17/16 at 1:17 pm to
Have you driven around Nola lately?
Posted by DCtiger1
Member since Jul 2009
11014 posts
Posted on 2/17/16 at 1:17 pm to
As Fortune 500 companies look for locations to establish a large presence they look at several factors.

Affordability, crime, transportation infrastructure, available affordable housing, talent pool are just a few.

For example, State Farm made the decision to migrate their business from regional offices to hub locations. They chose Atlanta, Tempe, and Dallas. All of their new locations have endless talent pools, affordable housing that aligns with their salary structures, low crime relative to their placement in the city, and close proximity to a viable mass transportation system.

The Dallas location alone will employee over 8000 people at completion.

I love NOLA, but in it's current state the city is simply not competitive with other metropolitan areas.


Posted by lsupride87
Member since Dec 2007
107909 posts
Posted on 2/17/16 at 1:18 pm to
quote:

Have you driven around Nola lately?
Yes
Posted by BRgetthenet
Member since Oct 2011
118227 posts
Posted on 2/17/16 at 1:19 pm to
It is competitive with toilets, cesspools, waste treatment facilities, and most of Mississippi.
Posted by Sid in Lakeshore
Member since Oct 2008
41956 posts
Posted on 2/17/16 at 1:19 pm to
quote:

Those few white collar jobs that do exists typically offer surprisingly low pay considering costs of living.


I work in healthcare and this is not the case, for me at least.


My wife and I are both Engineers. Both employed in well paying, "White Collar" jobs in NOLA Metro.
Posted by DCtiger1
Member since Jul 2009
11014 posts
Posted on 2/17/16 at 1:19 pm to
quote:

I think this thread is about the competitiveness of the New Orleans metro as a whole, and it's tragic lack of white collar jobs and opportunities for people with a college degree.


well said
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