With unemployment destroying lives throughout America, the professional, scientific and technical services sector has actually expanded ~15% over the last dozen years.

The Praxis Strategy Group took a look at the top 50 metropolitan areas with these jobs and ranked them according to how they have performed during that time. Let’s take a look at how the only 2 Tennessee regions did:

Professional, Technical, and Scientific Services in the Nation’s Largest Metropolitan Areas
Rank Index Score 2001 – 2012 Growth 2005 – 2012 Growth 2010 – 2012 Growth 2012 LQ 2001 – 2012 LQ Change 2012 Avg. Annual Wage
13 Nashville-Davidson–Murfreesboro–Franklin, TN 52.8 31.7% 11.3% 5.6% 0.88 7.3% $81,189
51 Memphis, TN-MS-AR 2.2 -8.2% -11.6% -2.2% 0.52 -17.5% $63,943

Under visionary leadership, Nashville’s medical and technology industries have boomed. Meanwhile, Memphis is shedding highly paid jobs.

Take a look at the city leadership and ask, is it any wonder?

Link: The Cities Winning The Battle For The Fastest Growing High-Wage Sector In The U.S. | Newgeography.com.