Original post:
As most of you are well aware, it isn't tiny Delaware. Or Jersey.
From Real Time Economics:
The employment boom in the West isn’t confined to energy-rich North Dakota.Correction--I am told that 30 Hudson Street, Jersey City, harbors ~4,000 Goldmanites which if correct is larger than the Salt Lake City crew numbering ~2000. We apologize for the error.
Utah has emerged this year as a job creation leader, according to Labor Department data released Monday. The state’s July unemployment rate of 3.6% ranks only behind North Dakota’s minuscule 2.8%. Utah payrolls have grown by 2.5% over the past six months, also second-best in the country.
But unlike North Dakota’s oil-fueled expansion, Utah’s economic resurgence reflects broad-based gains, said University of Utah economist Natalie Gochnour.
While energy is a growing field in the state, the tourism and technology sectors have been strong and financial services is expanding, she said. Salt Lake City has the highest number of Goldman Sachs employees in North America, after New York.
Utah was “hit harder during the downturn, but it’s recovered more quickly the rest of the country,” Ms. Gochnour said. She also serves a chief economist for the Salt Lake Chamber.
In the past six months—a time when the country as a whole added better than 200,000 jobs each month—Utah added a total of 33,000 jobs to payrolls. That outpaces much larger states such as Virginia, New Jersey and Illinois....MORE
However if one considers the New York-New Jersey connurbation to be one unit, Salt Lake City becomes Goldman's fourth largest operation worldwide:
NYC-NJ
London
Bangalore
Salt Lake City
I should not have departed the chosen meter.
