Baton Rouge is the 10th best city for young adults, according to a recent survey by business Web site Portfolio.com.Young adults make up 26 percent of Baton Rouge’s population, the survey said.”Because of the University, there are many locally based industries that would be good for college students, but Baton Rouge is not unique in that aspect,” said Duha Altindag, economics doctoral student.The survey ranked 67 metropolitan areas that had at least 750,000 residents in 2008.Portfolio.com used a 10-part formula to determine the top cities based on factors such as the annual rate of population growth, per capita income and unemployment rate for residents aged 18-34.Seventeen percent of young adults in Baton Rouge have bachelor’s degrees, and 7.3 percent of young adults are unemployed, the survey said.”But there are other things to consider like crime rates, which are increasing in the area,” Altindag said.A 2009 survey by Science Magazine ranked Louisiana the happiest state, which could be a factor, Altindag said.”It’s also been found [that] warmer weather contributes to happiness,” Altindag said.Attending school in Baton Rouge could help establish connections to find jobs in the future, said Norbert Redmond, English senior.”I think Baton Rouge is more of a college town than a place I’d want to have a career,” said Amy Seldon, architecture sophomore.The survey ranked Austin, Texas, first because of its job increase of 99,200 during the last five years and 2.8 percent annual employment growth rate.Austin had the highest concentration of young adults of the areas surveyed — 28 percent of residents are young adults, according to the survey.Austin’s music and art scenes contribute to its high number of young adults, the survey said.Detroit was ranked last because of a slow income growth and the largest decline in overall jobs.—–Contact Grace Montgomery at [email protected]
Survey ranked BR 10th best job market
March 28, 2010