Atlanta's big employers have been hit over time too. Bellsouth was huge when I was growing up for any type of job, especially engineering. Then they got bought by AT&T and pretty much slashed down back in 2006. Coke has been slowly laying off too and UPS/Home Depot etc. are saturated.
Atlanta's problem is partially it never had a huge manufacturing base and rose on two things: the service economy and real estate. Once the 2008 crash came the residential and commercial housing building, and all the related jobs, never came back as strong so the city is struggling.
Yep all this. Shoot myself and other black engineers I know have thought about relocating to ATL. But then when them offers come in and they want you to take a 5%, 10%, 20% even 30% pay cut. To live in ATL and pay state taxes in Georgia (no state taxes in Texas).
Then you start reconsidering that shyt. Plus you may go there as an engineer and the market isn't even as good as in Texas. Well then its a lot of this to consider. The Cons sometimes outweighed the Pros.
But you are right it is more so a service economy there than say Seattle or Dallas.
Many folks there haven't recovered from 2008 as you said. Old kat I met in OKC who is a aerospace engineer moved from LA to live in OKC. He got tired of the LA rat race plus he was able to transfer from LA and keep his high salary, but live in OKC.
Anyway he stated he had a twin brother that was also an engineer in ATL. Old kat stated his brother was laid off in 2008 and could never get back on as an engineer (another reason is no one would pay him close to the salary he was making). So the old kats brother said fukk it and started to drive trucks instead.
Thing is his brother had opportunities to leave atlanta and get some high paying jobs in florida and Huntsville. But he was so caught up in the lifestyle of living in Atlanta.
But I ain't gonna knock the city. Atlanta's a great city I can understand as a black person how intoxicating it can be.