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“I Love This City,” Bon Jovi as soon as sang about Music Metropolis. And so do job-seekers at the moment.
This weekend, The Wall Avenue Journal printed its annual rating of the most well liked metro space job markets in America. Nashville, Tennessee topped the listing, adopted by Austin, Texas within the runner-up spot — with the remainder of the highest ten studying like a live performance touring schedule by means of America’s southeast.
I Hate New York
Gone are the times of shifting to the massive metropolis as the one option to discover huge alternatives, at the least in accordance with WSJ rating, which makes use of Moody’s Analytics research of 2022 Labor Division information to weigh cities by unemployment fee, labor-force participation fee, adjustments to employment ranges, the scale of the labor pressure, and wages. That had the Huge Apple rating 54th out of 56 cities with populations of over 1 million, which means if you can also make it there you actually could make it wherever. Los Angeles got here in forty ninth, Philly forty first, and Chicago twenty fifth.
Certainly, if the report tells any story about America’s shifting preferences, it is that costly coastal cities are on the outs, sunshine is in, and the pandemic is disappearing within the rearview mirror:
- The hospitality and expertise economies in America’s hottest jobs markets are booming, with music venues and eating places driving progress in top-ranked cities like Jacksonville (3), Atlanta (6), Orlando (7), and others.
- “These are lower-cost areas, they’re rising quickly, there’s an more and more giant crucial mass of younger, educated folks,” Moody’s economist Adam Kamins informed the WSJ. “The affordability is admittedly interesting to households as effectively.”
Tech Assist: The largest of tech titans could also be present process huge layoffs, however that hasn’t hit historically tech-heavy metros too laborious — at the least not but. San Francisco got here in 18th, Seattle seventeenth, and San Jose 14th, whereas rising hubs Denver and Miami hit tenth and eleventh, respectively. However keep in mind: A 12 months from now, we’ll get to see if Silicon Valley’s looming AI revolution makes or takes jobs.
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