Pittsburgh Falls on Careers List

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By Randi Petrello

Pittsburgh’s performance has slipped on a new Forbes list, though not by much.

Pittsburgh ranked No. 43 on the recently released Forbes list of Best Places for Business and Careers, down eight spots from No. 35 in 2012.

Forbes ranked the city No. 33 for job growth, as the city saw 1.2 percent growth in 2012. The area is projected to see job growth increase 1.7 percent, the report said.

Pittsburgh was ranked No. 84 for education. High school attainment here is 91.9 percent, while college attainment is 29.4 percent and the percentage of those with graduate degrees is 11.2 percent, according to Forbes.

The city improved slightly for its cost of doing business, up from No. 165 in 2012 to No. 163 this year.

Jim Futrell, Vice President of Market Research for the Pittsburgh Regional Alliance, said he wasn’t surprised with Pittsburgh’s performance on the list, as job growth between 2011 and 2012 had slowed a bit.

Futrell said job sectors with higher wages are doing very well, which is good for the economy, whereas other cities may see lots of job growth in areas with lower wages. Those higher-wage sectors include headquarters employment, finance, mining, hospitals and higher education.

Forbes ranked the 200 largest metropolitan areas in the United States using 12 metrics including job growth, business costs and cost of living, income growth in the past five years, and unemployment, as well as quality of life measures such as high school attainment, commute times and more.

Des Moines, Iowa, was No. 1 on the list, followed by Provo, Utah; Raleigh, N.C.; Lincoln, Neb.; Nashville; Denver; Fort Collins, Colo.; Oklahoma City; Seattle and Durham, N.C.

Memphis, Tenn., ranked No. 84 on the list. The city fared well for its cost of doing business, coming in at No. 22. Memphis ranked No. 155 for job growth and No. 124 for education.

First Published September 13, 2013 9:00 AM


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