Tag Archives: Job

Forbes: Tennessee 24th best state for biz

The cost of doing business in Tennessee is 10.5 percent below the national average, but the Volunteer State is only the 24th best state for business, according to a new Forbes magazine ranking.

That’s down three spots from a year ago.

Among the criteria Forbes used to compile its 2012 Best States for Business list, Tennessee fares best in Regulatory Environment – 13th – and Business Costs – 14th.

But the state is no better than 30th in all other criteria Forbes considered in ranking the states.

Continue reading

This could be the silver lining

Here’s another reason job creation has been slow — some of Corporate America’s big dogs are sitting on piles of cash waiting to make their move.

Check out this story in the Los Angeles Times that talks about how some of America’s largest corporations — including Memphis-based  FedEx — have come out of the recession with plenty of money in the bank.

The question is when will they start to spend? When they do, we should start seeing improvement in the jobless numbers.