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These Are America's Best (And Worst) Job Markets

These Are America's Best (And Worst) Job Markets
From income growth to commute time, here's how the largest US cities rank for job hunters.
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There are a number of factors that determine the quality of a job market β€” unemployment, income growth, commute time and benefits, to name just a few β€” and some cities have far better prospects to offer workers than others.

To find out where America's best and worst job markets are, SmartAsset used 2022 US Census Burea data across a range of metrics to compare and rank the country's 344 largest cities.

The most desirable job market overall was Santa Clara, California, where wages saw a 53.4 percent increase over three years and the average income for workers was the highest of any city ($100,182). Housing costs accounted for 34.1 percent of the average resident's income, making the city more affordable than the study's median of 40.2 percent.

Bellevue, Washington, was the country's second-best job market, with average earnings of $92,319 and close to 40 percent of people working remotely.

The worst job market belonged to Waterbury, Connecticut, where unemployment stood at over eight percent and median wages were just $32,371.

The second-worst spot for job hunters, Paterson, New Jersey, had an unemployment rate of 9.1 percent, while housing in the city cost more than half of the average worker's earnings.




Via SmartAsset.

[Image credit: Zac Gudakov]

Comments

  1. Jim Philips 4 weeks ago

    Weird. Sandy Springs, GA is listed here. That is a suburb of Atlanta. Few people who live in Sandy Springs actually work in Sandy Springs. Most Atlantans commute. So how in the hell did they figure this?

    1. Mark Chernisky 4 weeks ago

      I agree with you.
      I wonder if largest cities were only incorporated cities with zip codes over a certain population. Seems like unemployment and salaries then are accurate local data. But the "percent working from home" data makes me curious. Who measures/reports/surveys that?
      I think it gives a better picture to search by state and bundle "cities" studied together.
      Even then, (1) Virginia is missing the unincorporated communities (example Reston, Tysons...) which are enormous employment centers. (2) Border metros get split (example: Portland, OR/Vancouver, WA...)


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