| | | | | | | POPULATION | MISSISSIPPI | JACKSON | | Total Population | 2,922,240 | 176,799 | | EDUCATION (AGES 25+) | | | | Less than 9th Grade | 7.46% | 5.11% | | 9th to 12th Grade | 13.63% | 12.84% | | High School Diploma | 31.21% | 25.25% | | Some College | 21.17% | 23.28% | | Associate's Degree | 7.47% | 6.50% | | Bachelor's Degree | 12.42% | 16.58% | | Graduate/Professional Degree | 6.65% | 10.43% | | RACE & ETHNICITY | | | | White Non-Hispanic | 58.83% | 20.98% | | White Hispanic | 1.16% | 0.78% | | Non-White Hispanic | 0.95% | 0.92% | | Black/African American | 36.90% | 75.95% | | America Indian/Alaskan Native | 0.40% | 0.14% | | Asian | 0.84% | 0.66% | |
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In terms of competitors, the majority of small businesses in Jackson and metro area are wholesale trade, retail trade, professional services, and food services. There are several educational institutions such as Jackson State University, Belhaven University, Millsap’s College, Mississippi College School of Law, and others. Also major hospitals are conveniently located within the city of Jackson. Jackson MS has been recognized as the eleventh strongest U.S. Metros Economy in America according to BusinessWeek Magazine, ten best places to retire in America for under $40,000 recognized by the U.S. New and World report. One of the few cities in American beating recession “The Huffington Post”. The best city in American to launch a small business “CNNMoney.com”. The net migration into Jackson metro area in the last decade have grown rapidly in the metro area and can provide sources of labor. In terms of direct competitors, Comcast in the only cable company call center in the Jackson Ms. the factors that reflect the current and future available of workers with specific capabilities and experience. The potential for replacements with adequate education and experiences is sufficient to add employees as the business grow.
Assessing the external workforce is the first stage
The economic conditions of Jackson Ms. Indicate a poverty rate of 26.87% which implies that resources are underutilized. Also, businesses can seek to increase productivity. The unemployment