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Started By
Message
re: Lack of white collar jobs in Gulf South
Posted on 4/18/22 at 11:04 am to CleverUserName
Posted on 4/18/22 at 11:04 am to CleverUserName
quote:
Because you can get a degree that will make you a really good living, the cost of living is far less than all of those other awesome places like Baltimore, and I can walk the roads of area and my town and not have to be off the street when the sun goes down.
If there is no way to earn good money in Mississippi…. Why are people making good money here?
That’s why. And no I don’t give a shite about how many coffee shops are around me.
Tbh although my specific area has nothing in the finance industry, MS white collar finance base is much larger than LA's. The biggest financial institution left in LA since Iberia were bought out would now only be good for 5th in MS
Posted on 4/18/22 at 11:04 am to CleverUserName
quote:
If there is no way to earn good money in Mississippi…. Why are people making good money here?
Its the poorest state in the union. Even people making good money are making noticeably less than their out of state counterparts.
quote:
the cost of living is far less than all of those other awesome places like Baltimore,
You realize the US is a pretty big place right? There are a lot more options than just MS or Baltimore.
Posted on 4/18/22 at 11:06 am to fallguy_1978
quote:
LHC just got bought out.
Just read that there once you said. Another Louisiana based firm acquired out of state.
We can't keep anything!
Posted on 4/18/22 at 11:08 am to Wednesday
quote:
but who the hell is buying all the new construction around Baton Rouge and where do they work?
quote:
I do not freaking know!!! I think they’re just relocating from areas that aren’t “new” anymore and buying more house than they can afford.
These are families that are relocating to areas that are safer, with better public schools, and a lower cost of living.
A tale as old as time.
It if also why Nola, BR, and Shreveport have turned into massive shitholes in the last 4 decades.
It’s actually quite sad for those of us that are getting up in age.
Posted on 4/18/22 at 11:20 am to jimmy the leg
In BR there is increasing competition for real estate in decent areas because those are shrinking
Posted on 4/18/22 at 11:30 am to Rusty Irish
quote:
Just read that there once you said. Another Louisiana based firm acquired out of state.
We can't keep anything!
We've had a lot of big businesses get bought out, leave the state or shift a lot of their jobs to other states in the past 10-15 years - LHC, Iberia, Smoothie King, Raising Canes, Century Link, Shaw, Amedisys
Posted on 4/18/22 at 11:30 am to BearsFan
quote:
I’m not sure where you get this data, but it is wrong.
He's not wrong.
Number of U.S. companies listed in the Fortune 500 ranking in 2021, by state
Posted on 4/18/22 at 11:32 am to jimmy the leg
quote:
but who the hell is buying all the new construction around Baton Rouge and where do they work?
quote:
I do not freaking know!!! I think they’re just relocating from areas that aren’t “new” anymore and buying more house than they can afford.
Maybe government workers. They don't ever seem to miss paychecks or inflationary pay raises.
Posted on 4/18/22 at 11:35 am to BearsFan
quote:
Boeing is in Chicago. Does anyone check facts before posting?
They're based in Seattle actually.
Posted on 4/18/22 at 11:38 am to Bearcat90
quote:
Maybe government workers. They don't ever seem to miss paychecks or inflationary pay raises.
This. Capital cities accumulate wealth from all over their territory.
Posted on 4/18/22 at 11:39 am to PUB
the only neighbors I have who won't mow their yard are California trust fund brats who moved here, and "remodeled" a great old house in town into a Soviet style block of dried shite
corporate types with money, ruined the house, ugly yard, Democrat signs in their yard every election
corporate types with money, ruined the house, ugly yard, Democrat signs in their yard every election
Posted on 4/18/22 at 11:42 am to Rusty Irish
who bought up Enron?
I could look it up I guess
I could look it up I guess
Posted on 4/18/22 at 11:44 am to 0
quote:
Its the poorest state in the union. Even people making good money are making noticeably less than their out of state counterparts.
“Ohhh.. you so poooor!”
Here is the advantage of that chief. As I’ve said multiple times… the same people laughing at me living here are paying as much or more rent for a small apartment that I am for a house and land. They gain nothing… I gain equity.
There is a large portion of that much more shiny salary they are shitting away on taxes (including local income taxes we don’t pay), inflated prices, paying to park, and other bs. What can I spend that on? Assets. Investments. My stuff.
So again.. when someone comes through my state, in their car (which is their largest value asset) and laughs at me… when we compare assets on a balance sheet, who will leave laughing then?
But again… they have more coffee shops, some art museums, a shitload of people to fight in traffic, and a much larger chance to get robbed and shot.
Posted on 4/18/22 at 11:59 am to Bearcat90
quote:
They're based in Seattle actually
No, The Boeing Company is HQ'd in Chicago. Boeing's biggest place of employment is in the state of Washington with manufacturing facilities for Airliners (Everett, Renton, Auburn, Kent and Seattle), but Boeing is 100% HQ'd in Chicago
This post was edited on 4/18/22 at 12:00 pm
Posted on 4/18/22 at 12:20 pm to Buckeye Backer
quote:
No, The Boeing Company is HQ'd in Chicago. Boeing's biggest place of employment is in the state of Washington with manufacturing facilities for Airliners (Everett, Renton, Auburn, Kent and Seattle), but Boeing is 100% HQ'd in Chicago
You're right.
Must be the commercial aircraft division website I saw.
Boeing Commercial Airplanes, PO Box 3707 MC 1F-41, Seattle, WA
Also read that the 200 million, 40 story tower in Chicago they are in is "a ghost town" and has been for the 20+ years they've been there.
My company does a ton of business with them (I'm not in that division) but knew they have a ton of plants in Missouri. Headscratcher why their HQ is in Illinois.
Posted on 4/18/22 at 12:29 pm to Rusty Irish
Finance jobs in what capacity? Baton Rouge definitely has more than one finance job listing... unless this is filtered for Fortune 500 or 1000?
CPA firms across the state and region are looking to hire in all capacities, not sure if that fits your finance filter, but it's certainly within the white collar post description.
I would say this is a bad take.
CPA firms across the state and region are looking to hire in all capacities, not sure if that fits your finance filter, but it's certainly within the white collar post description.
I would say this is a bad take.
Posted on 4/18/22 at 1:01 pm to ItSawGood
Unfortunately white collar finance jobs in Louisiana are in poor supply. I work in AML/Fraud commuting back and forth from Jackson area but home work has helped. Don't want to live in Jackson, just because family and I'm closer to personal interests down here. In an ideal world I'd be based on Poydras or even Metairie, BR or the Northshore.
Going to get even worse in years to come I fear as what's left of the LA banking industry will continue to get picked off by more out of state names. Only hope is the likes of B1, Origin and Red River are making these acquisitions and not banks from elsewhere. From what I hear banks in MS, AR and TX are all looking at LA, really hoovering up whats left!
Theres a reason BoA, US Bank, Wells Fargo, PNC etc ain't down here. LA must be one of the most under-represented states when it comes to the big banking players. Its just a stagnant state economically.
For all that the nearest major city to NOLA is about 350 miles away, we aren't the regional business center we should be and thats down to decades of poor leadership which theres no signs of a shift from.
Going to get even worse in years to come I fear as what's left of the LA banking industry will continue to get picked off by more out of state names. Only hope is the likes of B1, Origin and Red River are making these acquisitions and not banks from elsewhere. From what I hear banks in MS, AR and TX are all looking at LA, really hoovering up whats left!
Theres a reason BoA, US Bank, Wells Fargo, PNC etc ain't down here. LA must be one of the most under-represented states when it comes to the big banking players. Its just a stagnant state economically.
For all that the nearest major city to NOLA is about 350 miles away, we aren't the regional business center we should be and thats down to decades of poor leadership which theres no signs of a shift from.
Posted on 4/18/22 at 1:16 pm to cwill
quote:
For real advancement in the field of finance you have to leave LA and really there are only a few destinations for you. But LA is truly an economic backwater...I'm not sure why anyone with ambition remains in the state.
This attitude is the attitude of big banks, and big businesses everywhere.
Success is relative.
Posted on 4/18/22 at 2:31 pm to oldskule
quote:
I live here, and it will never change, and it never has!
It's only going to get worse. I haven't seen the numbers, but it seems fairly obvious that the % of population that is dependent on your tax dollars grows year over year. Louisiana is probably over 50% now, if not, it will be soon.
Posted on 4/18/22 at 2:38 pm to CleverUserName
quote:
and a much larger chance to get robbed and shot.
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