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Wednesday, May 20, 2009
News / Biz Peek into the future: Looks good for Charlotte
Posted By Rhiannon Fionn-Bowman on Wed, May 20, 2009 at 2:31 PM
If you haven't yet, be sure to pick up this week's edition of TIME Magazine; it's all about the future of work. Here's a snippet:
During the fat years, that path led many of America's élites to Wall Street. These days, that's a less appealing destination. In 2008 the financial sector, which had ballooned over the past three decades, contracted for the first time in 16 years. "The glamour is gone," says Bridget Beckeman, 20, a junior from Westford, Mass., who will intern at an investment bank this summer. But it hasn't disappeared. Financial centers like Charlotte, N.C., will flourish anew; driven largely by a banking boom, the city's workforce has grown 50% over the past decade, according to John Connaughton, a professor of economics at the University of North Carolina at Charlotte.
ABC is on the same wavelength:
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