In a ManpowerGroup survey released by Forbes, 18,000 employers in 100 metropolitan statistical areas were surveyed on hiring and firing expectations. Twenty-eight percent of employers had plans to hire, while 66 percent had plans to keep the current level and only 3 percent and plans to cut positions.
Nashville Area Chamber of Commerce CEO Ralph Shulz praised the music and health care industry for the job stability in the area. Also, the need for IT professionals in Nashville has skyrocketed over the past year. Vanderbilt University, Nissan North America, The Kroger Co., Asurion, Dell and Verizon are some of the largest employers in the area.
The cost-of-living in Nashville is just 88 percent of the national average and the per capita income is 109 percent of the national average, which gives Nashvillians more discretionary funds compared to other cities.