D.C. Tied With Seattle as Top City for Young People in Recession
The Wall Street Journal has one of their career trends by ordinal list pieces today on where young people in the United States are deciding to move during the recession, and once again Washington, D.C. is at the top of the list. We've heard almost all of this before, but here's why the newspaper says the D.C. area is the best option for young job seekers:
Government hiring is projected to grow fast, and jobs in lobbying, aerospace, defense contracting and professional services are also a draw. Mr. DeVol calls Washington the national leader in high-tech services, surpassing Silicon Valley. Washington's 4,000-plus nonprofits hold appeal for service-minded youth. And amid rising regulation of financial markets, says Barbara Lang, president of the DC Chamber of Commerce, "much of Wall Street is now moving to K Street."
No big arguments from us here, though we can appreciate finally seeing a little hedging on the sustainability of the "so many government jobs" argument at the end of the D.C. blurb, too. At some point, the federal government is going to have to make cuts, just like all state and local governments have been doing for the last year or so.
Not quite sure how we feel about being scored as "a tie" with that *other* Washington city, Seattle, though. They may have plenty of high-tech jobs and tasty coffee and outdoorsy charm, but surely the endless, soul-crushing rain and gray skies have to be a factor here.
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