Mobile Makes Big Strides in Job Growth

Oct 29th, 2007

The City of Mobile is the third-highest gainer in the most recent Milken Institute Best Performing Cities rankings for job growth. Mobile jumped 98 spots from just two years ago.

The Best Performing Cities Index is outcomes-based. Its components measure job, wage and salary, and technology growth. The Index ranks U.S. metros based on their ability to create and sustain jobs. It includes both long-term (five years) and short-term (one year) measurements of employment and salary growth. There are also four measurements of technology output growth, which are included because of technology’s crucial role in regional economic growth.

The Index enables businesses, industry associations, economic development agencies, investors, academics, governments and public policy groups, to assess and monitor recent metro performance.