This week, Forbes magazine released its list of top cities in which an individual should look for a job. Des Moines was second on that list, only behind Washington, D.C. Forbes cited high household incomes and a low unemployment rate as the primary reasons for the ranking. The magazine also stated that projections from Moody’s Analytics estimate that employment in the Des Moines area will see an increase of 8.6% over the next four years, which would translate into 36,000 jobs.
The story referenced a number of Iowa employers including John Deere, Pioneer, Kemin Industries in the ag/biotech area. These businesses are providing thousands of Iowans jobs. Forbes also lauded Des Moines’ ability to retain big downtown businesses during the downturn such as Principal, Wells Fargo, and Meredith as other big cities across the nation lost downtown jobs and haven’t been able to recover them.
Governor Branstad set an ambitious goal of creating 200,000 new jobs and increasing the wealth of Iowa families by 25 percent. If the projections that Forbes makes are accurate, Des Moines could play a very large role in helping to achieve those goals.