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Fighting Back Against Forbes
Forbes Magazine has ranked Janesville as one of the worst cities in America to find a new job. But local officials could not disagree more.
Reporter: Chris PapstEmail Address: cpapst@nbc15.com |
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POSTED: Thursday, May 6 at 4:45 p.m.
"I think it's really important to get the correct story out, because a lot of people just see headlines and it sticks in their mind," said Vic Grassman.
And this headline is not a good one. In the May first issue of Forbes Magazine, Janesville was named the seventh worst city in America to find a job. Grassman, the economic director in Janesville, challenges that ranking.
"We're in transition," explained Grassman. "I think you'll see a brand new Janesville and certainly Rock County in the next four of five years."
Grassman disputes the magazine by pointing to a 39% increase in construction permits in 2009. Plus, since 2008, 30 projects have started in Rock County totaling $325 million.
But what really doesn't make sense to Grassman is a Forbes ranking that came out just a few weeks prior to this most recent one.
An April 14 Forbes Magazine edition ranked Janesville 114 out of 184 cities for "best small places for business and careers"; 115 in "cost of doing business"; and 107 in "higher education attainment."
Stated Grassman, "The results are very much in contrast to each other with the most recent article."
"It's surprising that we are that low." Bob Borremans works at the Rock County jobs center. He says there's promising job growth in the health-care and service sectors. Also, they're setting the foundation for future jobs in distribution, food processing, plastics and medical equipment.
The May 1 study only looked at one criterion: change in unemployment, which Borremans says alone is not a good indicator.
"There are strengths here; the quality of life; the quality of the workforce. That make this an awfully attractive place that isn't at all reflective in those rankings."
Here's one more reason Grassman believes this ranking doesn't reflect Janesville future: After the GM plant closed Janesville was given $5 million in developmental tax credits, they used $720,000 in just the last two months.
Latest Comments
More spin from Borremans. What a hack.
The results are not contradicting...it has a high potential for business growth because it is so low at its current state. Pretty simple.
Is this Grassman for real? They are talking about the here and now, not 5 years down the road.
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