3 Cities to Watch
Source: U.S. Department of Labor
Bill Conroy is editor in chief of Scotsman Guide Media.
Reach him at (800) 297-6061 or email@example.com.
Georgia has one of the most diverse workforces in the nation. One in three
state residents are African-American, more than double the rate for the U. S.
as a whole, and the state is a major magnet for international immigration
from Asia, according to a report from U.S. News & World Report. The state
posted its seventh straight year of average employment growth in 2017,
and many of Georgia’s industry sectors are expected to continue that
expansion through 2019, according to the Georgia Department of Labor.
The Peach State’s unemployment rate climbed as high as 10. 6 percent
during the peak of the last economic downturn, exceeding the national
unemployment-rate peak of 10 percent during that period. Georgia’s
unemployment rate has since plummeted and stood at 3. 6 percent as of
this past October, according to the U.S. Bureau of Labor Statistics.
Georgia ranked No. 3 among the states in terms of attractiveness as an
aerospace manufacturing center, according to PwC’s 2018 aerospace
manufacturing attractiveness rankings. The state’s aerospace sector has
an estimated $64 billion economic impact and boasts some 800 companies that employ some 99,000 people. In addition, aerospace products are
the top international export from Georgia, valued at $8.44 billion annually.
Among the powerhouse aerospace employers with significant operations in Georgia are Gulfstream Aerospace, Lockheed Martin, Boeing,
Northrop Grumman and Pratt & Whitney. Georgia also is home to business operations for leading satellite-industry employers such as EMS
Technologies (part of Honeywell), SpaceWorks Engineering and Masten
Founded in 1837 and named for the Western & Atlantic railroad line
that terminated in the city, Atlanta is the capital of Georgia and boasts
a metro-area population of nearly 6 million people. Atlanta remains a
major transportation hub today. It is served by a world-class airport
that makes Atlanta easily accessible to the more than 1,000 international businesses that operate in the city. Atlanta was a major battleground during the U.S. Civil Rights movement and is the birthplace of
Dr. Martin Luther King Jr. The city also is home to Turner Broadcasting,
parent of CNN, as well as the Georgia Institute of Technology,
Morehouse College, Spelman College and Emory University.
This historic city with a metro population of some 387,000 people located in southeast Georgia was established in 1733 by Georgia’s founder,
James Oglethorpe. It is named after the Savannah River and boasts a rich
culture defined by numerous festivals, galleries, museums and theaters. The city’s tourism sector attracts some 14 million visitors annually.
Savannah also is known as the Aerospace Corridor of the Southeast, with
more than 30 aerospace-related companies located in the area, includ-
ing corporate-jet maker Gulfstream Aerospace. The city also is home
to nearly 270 manufacturing plants employing nearly 17,000 people.
The top five in terms of employment are Gulfstream, SNF, Georgia Pacific,
International Paper and JCB.
This vibrant college town of some 125,000 residents, named after the
ancient Greek city and center of higher learning of the same name, is
located some 70 miles northeast of Atlanta. It is home to the University
of Georgia, the nation’s first state-chartered college, founded in 1785.
Athens’ historic Victorian-era downtown features a plethora of art
galleries, trendy retail outlets and eateries as well as a thriving nightclub and music scene, which gave birth to famous rock bands such as
REM and the B-52s. In addition to the university, major employers in
the area include Caterpillar, which produces construction equipment;
Pilgrim’s, a food-products company; and Power Partners Inc., which
Sources: Athens-Clarke County Economic Development, Athens Convention & Visitors
Bureau, Atlanta Business Chronicle, City of Atlanta, Cyberstates.org, Forbes, , Georgia
Department of Economic Development, Georgia Department of Labor, History.com,
JLL, MilitaryBases.com, National Association of Manufacturers, PwC, Savannah Economic
Development Authority, The Albany Herald, U. S. Bureau of Economic Analysis, U.S. Bureau
of Labor Statistics, U. S. Census Bureau, U. S. News & World Report, USA Today