Business Facilities - July 2008 - (Page 28)

EDUCATED WORKFORCE I t is not surprising that cities and states with highly educated workforces are more likely to attract relocating businesses than areas that struggle to keep pace with educational advancements. After all, companies are eager to employ skilled workers who are experts in their respective fields and who require minimal post-hire, supplementary training. Most entry-level positions require employees to possess a high school diploma, but in today’s competitive job market, having an undergraduate or graduate degree significantly improves one’s employability. As such, our Most Educated Workforce rankings examine the number of employees over the age of 25 that possess a high school diploma, a bachelor’s degree, or an advanced degree. We divide our rankings both by state and by city because results in these areas are often divergent. For instance, Vermont and New Hampshire are the states with the most educated workforces in 2008, but none of their cities rank in the top 20. Alternatively, metropolitan areas in Kentucky and North Carolina occupy the second and third most educated city slots, yet these two states as whole entities do not rate in our top 20. This year, Vermont comes in at number one, an impressive rise from sixth in 2007, while Colorado had an inverse fate, falling to sixth in 2008 from the summit last year. Seattle’s workforce receives the most educated title this year, up from third in 2007, as Raleigh, NC jumps 12 positions into third in 2008. JULY 2008 Most Educated Workforce: States Most Educated Workforce: Cities 1. SEATTLE, WA 2. LEXINGTON-FAYETTE, KY 3. RALEIGH, NC 4. PORTLAND, OR 5. ST. PAUL, MN 6. VIRGINIA BEACH, VA 7. COLORADO SPRINGS, CO 8. MINNEAPOLIS, MN 9. WASHINGTON, DC 10. ANCHORAGE, AK 11. HONOLULU, HI 12. CHARLOTTE, NC 13. AUSTIN, TX 13. BOSTON, MA 15. OMAHA, NE 16. SAN DIEGO, CA 17. PITTSBURGH, PA 17. TULSA, OK 19. ST. PETERSBURG, FL 20. ALBUQUERQUE, NM 1. VERMONT 2. NEW HAMPSHIRE 3. MINNESOTA 4. MASSACHUSETTS 5. CONNECTICUT 6. COLORADO 7. WASHINGTON 8. MARYLAND 8. UTAH 10. HAWAII 11. MONTANA 12. NEW JERSEY 13. ALASKA 13. KANSAS 15. VIRGINIA 16. NEBRASKA 17. OREGON 18. MAINE 19. NEW YORK 20. ILLINOIS 28

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Business Facilities - July 2008 Contents First Word Snapshots Corporate Moves: New York The 2008 Business Facilities Rankings Report 2008 Rankings: Biotech Blasts Off 2008 Rankings: Green with Envy 2008 Rankings: Warm Climate for Business Nanotech Looms Large in Pennsylvania Metro Spotlight: Inland Empire, CA Food Processing Sites: Providing Sustenance as Well as Nutrition Sale-Leasebacks: Easing the Credit Crunch Corporate Moves: Georgia Metro Spotlight: Albuquerque, NM Advertiser Index Inside LiveXchange

Business Facilities - July 2008

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