Are you thinking about a job change? Is there a move to a new city in your future? It’s possible that the best job for you is in a different city then the one you currently live in.
Forbes Magazine has released their list of “The Best U.S. Cities For Jobs”. Forbes has complied rankings using data on: unemployment rate, job growth, income growth, median, household income, and cost of living. Forbes measured the 100 largest metropolitan areas, as defined by the U.S. Census Bureau. Data was obtained from Moody’s. The data was from the years 2003 to 2006.
If you are going to relocate for a new career, you will want to know what industries the jobs are in. The data in this study does not specify industries. Some of the cities rank that have a high ranking on this list are strong in the tourism industry. If tourism is your specialty, those would be great cities for you. The data is complied from statistics and does not differentiate between industries. Interestingly, many of the high ranking cities are in the southern states, that many people find desirable to live in for many reasons.
Major Metropolitan Cites, for the most part, did not rank highly in this study. While there may be job opportunities in major cities, the high cost of living and unemployment made them less desirable for job seekers.
Following is the ranking of the Top 25 Best cities for Jobs compiled by Forbes Magazine, along with a brief description:
1. Raleigh – Cary, North Carolina: This year’s top ranked city has moved up from it’s ranking for 7 from last year. This area has a lot to offer, with it’s stable housing mark and mild climate. The three universities in the area help to attract highly educated job seekers, as well as technology firms.
2. Phoenix – Mesa, Arizona: Ranked at number 2, the same as last year, in the Phoenix area. The great housing market and low cost of living has attracted biotech and technology firms Both households and companies have migrated from southern California for the lower cost of living.
3. Jacksonville, Florida: Jacksonville was ranked 8 last year. Defense spending boosts this area’s job market.
4. Orlando-Kissimmee, Florida: Orlando is the same rank as last year. The area’s economy is boosted by tourism.
5. Washington, D.C.: Washington D.C.’s ranking has dropped from 1 last year to 5 this year. Federal spending Will probably keep the economy strong here.
6. Salt Lake City, Utah: Salt Lake City has moved up from a rank of 12 last year. They benefit from a high quality of life, high incomes and a well educated workforce. It is also growing as a logistics and distribution center for the Rocky Mountain area.
7. Honolulu, Hawaii: Honolulu has moved up from a rand of 13. They have the lowest unemployment rate in the U.S. The major industries, travel and tourism are labor intensive. Companies are having a harder time finding employees. According to Forbes Magazine, “it is easy to find jobs and the wages should press upward.:”
7. Las Vegas – Paradise, Nevada (tie): Las Vegas has moved down slightly from last year’s ranking of 3. The economy is strong, with jobs and incomes growing. International visitors continue to visit. The tourism market is strong.
9. Fort Lauderdale-Pompano (tie): This area has moved higher on the list, from last years rank of 25. There is some risk in the slowing house market, however.
10. Virginia Beach-Norfolk-Newport News, Virginia: This area’s rank is the same as last year’s. the naval facilities, ship building and tourism industries are strong. However, a Ford assembly plant will be closing.
11. Bethesda-Gaithersburg-Frederick (tie): This area has moved down slightly from last year’s ranking of 5. Bethesda benefits from it’s close proximity to Washington D.C. There are several defense and government contractors there.
11. Sarasota-Bradenton -Venice, Florida (tie). The Sarasota area has moved up on the list from their ranking of 26 last year. This area has a strong tourism industry.
13. Tampa-St. Petersburg-Clearwater, Florida: With a ranking that has gone up from last year’s 19, Tampa is a pleasant place to live. The banking and insurance industries are strong here. Incomes and job opportunities are growing.
14. Richmond, Virginia: last year Richmond was ranked at 6. Richmond benefits from it’s proximity to Washington D.C. Overall the area has strong revenue growth.
15. Omaha-Council Bluffs, Nebraska: Omaha’s ranked has gone up from last year’s randing of 28. The city has a high median income. The insurance and banking industries have boosted the economy.
16. West Palm Beach-Boca Raton-Boynton Beach, Florida: West Palm Beach’s rank has moved up from last year’s 37. Tourism is a strong industry in this area.
17. Little Rock-North Rock, Arkansas: Last years ranking was 23. Stable employment is seen with government jobs and the Little Rock Air Force Base. The top employer is The University of Arkansas. The economy is very diverse.
18. Nashville-Davidson-Murfreesboro, Tennessee: The rank last year was 24. Nashville is a regional center for offices and transportation links.
19. Santa Ana-Anaheim-Irvine, California: The rank last year was 13. The economy benefits from many foreign companies with offices in Orange County. Technology, Defense and aerospace bolster the economy. Unfortunately, It’s cost of living is one of the highest in America.
20. Tucson, Arizona: Tucson has moved up on the lest from a rank of 41. The University of Arizona and the growing technology sector bolster the economy.
21. Oklahoma City, Oklahoma: Last year their ranking was 9. The economy is strengthened by oil drilling and technology.
22. Atlanta-Sandy Springs-Marietta, Georgia: Atlanta’s ranking has moved up from last year’s 42. There are several corporate headquarters in Atlanta.
23. Austin-Round Rock, Texas: Their rank has gone up from last year’s 52. The University of Texas and good quality of life bolsters the economy.
24. Albuquerque, New Mexico: Last years rank was 21. Albuquerque is an attractive retirement spot, due to it’s affordable cost of living. The economy is strengthened by the research labs and defense installations in the area.
25. Sacramento California: Last years rank was 14. The state government is a big employer.
Before you start packing you bags, research the cities to find out which ones have opportunities in your area of specialty.