Where do you think that Philadelphia ranked on their list of 393 metropolitan areas?
A top-ten city by population, you would think that Philly would probably be there somewhere among the leaders, right? Well, before we get too excited, let's examine some of the criteria that the e-zine factors in order to formulate the rankings.
What 'Inc.com' does as an overall approach is that they analyze job-growth data as supplied by the Bureau of Labor Statistics for the previous calendar year on 393 metropolitan statistical areas across the country.
The list just released was specifically derived from analysis of three-month rolling averages of the BLS state and area unadjusted employment data from January 1995 to September 2006. It uses four measures of growth to rank all areas for which data was available for the past ten years.
These four measures are: recent growth trend, analyzing this and last year; midterm growth, averaging 2001-06 rates; long-term trend, analyzing 1995-2006 data; and current year growth.
