Thursday, January 3, 2019

2019’s Best Cities for Jobs

Posted by: Adam McCann

With 2018 behind us, it’s time to think about fresh starts, whether that means small changes or a complete life overhaul. For many people, finding a new or better job will be a top resolution.

If that’s your mission for the new year, it’s a good time to be on the job market. According to the U.S. Bureau of Labor Statistics’ most recent jobs report, the national unemployment rate has fallen to an eighteen-year low of 3.7 percent while hiring is up.

College graduates, especially, will see a strong boost in their job prospects. According to the National Association of Colleges and Employers, employers plan to hire 16.6 percent more members from the Class of 2019 than from the previous graduating cohort.

But your luck of finding work depends largely on location. To help you with the job hunt, WalletHub compared more than 180 U.S. cities across 30 key indicators of job-market strength. They range from job opportunities to employment growth to monthly average starting salary. Read on for our findings, additional insight from our panel of experts and a full description of our methodology.

  1. Main Findings
  2. Ask the Experts
  3. Methodology

Main Findings Embed on your website<iframe src="//d2e70e9yced57e.cloudfront.net/wallethub/embed/2173/geochart-jobs.html" width="556" height="347" frameBorder="0" scrolling="no"></iframe> <div style="width:556px;font-size:12px;color:#888;">Source: <a href="http://bit.ly/2TnAYef>

Best Places to Find a Job

Overall Rank (1 = Best) City Total Score ‘Job Market’ Rank ‘Socio-economics’ Rank
1 Scottsdale, AZ 66.58 2 6
2 Columbia, MD 65.78 4 5
3 Orlando, FL 64.76 1 48
4 San Francisco, CA 64.67 3 25
5 Colorado Springs, CO 62.85 6 42
6 Portland, ME 62.81 8 36
7 Plano, TX 62.62 5 55
8 Washington, DC 61.79 11 32
9 Boston, MA 61.70 7 73
10 Chandler, AZ 61.65 14 11
11 South Burlington, VT 61.45 15 10
12 Minneapolis, MN 60.98 20 3
13 Denver, CO 60.63 13 40
14 Tempe, AZ 60.41 19 9
15 Pittsburgh, PA 59.84 34 2
16 Austin, TX 59.73 17 27
17 Madison, WI 59.44 41 4
18 Atlanta, GA 59.40 16 49
19 Portland, OR 59.23 24 24
20 Overland Park, KS 58.94 31 17
21 Irving, TX 58.84 9 128
22 Seattle, WA 58.80 36 16
23 Nashua, NH 58.49 39 18
24 Fremont, CA 58.28 27 47
25 St. Paul, MN 58.26 43 19
26 Dallas, TX 58.23 12 117
27 Charleston, SC 58.23 33 26
28 San Diego, CA 58.00 37 28
29 Virginia Beach, VA 57.96 32 37
30 Boise, ID 57.95 52 7
31 Miami, FL 57.90 10 164
32 San Jose, CA 57.83 28 59
33 Salt Lake City, UT 57.78 38 35
34 Irvine, CA 57.71 44 23
35 Manchester, NH 57.59 30 52
36 Grand Prairie, TX 57.51 29 75
37 Tampa, FL 57.22 49 30
38 Burlington, VT 57.04 75 1
39 Gilbert, AZ 56.84 35 67
40 Pearl City, HI 56.80 23 87
41 Peoria, AZ 56.67 40 68
42 Jacksonville, FL 56.62 21 109
43 Fort Lauderdale, FL 56.41 18 135
44 Rancho Cucamonga, CA 56.37 57 20
45 Amarillo, TX 55.64 45 82
46 Garland, TX 55.61 26 133
47 Warwick, RI 55.58 65 31
48 Aurora, CO 55.48 22 148
49 Fargo, ND 55.46 80 13
50 Omaha, NE 55.44 79 14
51 Lincoln, NE 55.36 87 12
52 Grand Rapids, MI 55.35 62 43
53 Phoenix, AZ 55.25 54 66
54 Cedar Rapids, IA 55.16 90 8
55 Salem, OR 55.09 55 64
56 Sacramento, CA 55.08 56 60
57 Arlington, TX 55.05 25 153
58 Fort Worth, TX 55.01 42 114
59 Vancouver, WA 54.98 48 104
60 Des Moines, IA 54.64 70 53
61 Nashville, TN 54.54 50 105
62 Honolulu, HI 54.54 78 37
63 Raleigh, NC 54.49 68 57
64 Reno, NV 54.48 67 58
65 Mesa, AZ 54.36 58 77
66 St. Petersburg, FL 54.33 61 72
67 Chesapeake, VA 54.29 60 74
68 Glendale, AZ 54.26 47 126
69 Cincinnati, OH 53.94 81 50
70 Richmond, VA 53.67 66 101
71 Huntington Beach, CA 53.63 89 44
72 Chattanooga, TN 53.56 46 160
73 Columbus, OH 53.53 97 33
74 Tacoma, WA 53.51 69 90
75 Tallahassee, FL 53.48 76 70
76 West Valley City, UT 53.38 98 29
77 Bismarck, ND 53.30 107 15
78 Huntsville, AL 53.17 64 102
79 Pembroke Pines, FL 52.97 72 103
80 Little Rock, AR 52.86 51 154
81 Los Angeles, CA 52.83 73 93
82 Houston, TX 52.78 59 127
83 Newport News, VA 52.44 63 143
84 Sioux Falls, SD 52.43 119 22
85 New York, NY 52.40 85 86
86 San Antonio, TX 52.30 86 88
87 Santa Rosa, CA 52.23 74 113
88 Dover, DE 52.08 82 98
89 Baltimore, MD 51.70 53 173
90 Lexington-Fayette, KY 51.65 104 62
91 Lewiston, ME 51.60 95 91
92 Lubbock, TX 51.58 71 140
93 Durham, NC 51.56 83 116
94 Billings, MT 51.51 116 54
95 Columbia, SC 51.48 93 106
96 Rapid City, SD 51.36 123 41
97 Milwaukee, WI 51.35 94 108
98 Ontario, CA 51.23 88 124
99 Spokane, WA 51.14 102 85
100 Port St. Lucie, FL 51.08 92 118
101 Oceanside, CA 51.05 84 145
102 Charlotte, NC 50.87 101 94
103 Garden Grove, CA 50.70 128 34
104 Cheyenne, WY 50.70 127 45
105 Tucson, AZ 50.66 115 78
106 St. Louis, MO 50.66 100 112
107 Oakland, CA 50.61 77 158
108 Providence, RI 50.60 108 83
109 Fontana, CA 50.49 124 69
110 Glendale, CA 50.33 110 89
111 Worcester, MA 50.16 110 95
112 Knoxville, TN 49.87 120 99
113 Birmingham, AL 49.73 91 171
114 Las Vegas, NV 49.60 137 39
115 Norfolk, VA 49.54 96 162
116 Riverside, CA 49.53 106 119
117 Tulsa, OK 49.43 103 141
118 Long Beach, CA 49.39 105 125
119 Wilmington, DE 49.36 122 107
120 Indianapolis, IN 49.23 99 165
121 Kansas City, MO 49.22 121 110
122 Anaheim, CA 49.17 113 130
123 Chula Vista, CA 49.15 112 132
124 Baton Rouge, LA 49.10 114 139
125 Santa Ana, CA 49.02 118 123
126 Casper, WY 49.01 153 21
127 Nampa, ID 48.94 117 144
128 Juneau, AK 48.71 144 61
129 Louisville, KY 48.64 134 84
130 Santa Clarita, CA 48.55 136 79
131 Corpus Christi, TX 48.53 109 147
132 Chicago, IL 48.44 149 56
133 El Paso, TX 48.23 132 97
134 Oklahoma City, OK 48.21 139 81
135 Jersey City, NJ 47.82 157 46
136 Aurora, IL 47.56 154 65
137 Missoula, MT 47.51 159 51
138 Charleston, WV 47.22 133 138
139 Fort Smith, AR 47.06 126 167
140 Albuquerque, NM 47.06 143 111
141 Henderson, NV 47.05 158 63
142 Greensboro, NC 46.94 140 121
143 Akron, OH 46.88 142 122
144 Fort Wayne, IN 46.76 135 142
145 Cape Coral, FL 46.74 152 92
146 Rochester, NY 46.61 156 80
147 Wichita, KS 46.34 131 166
148 Montgomery, AL 46.30 130 168
149 Yonkers, NY 46.20 162 71
150 Moreno Valley, CA 45.94 141 157
151 Springfield, MO 45.92 146 151
152 Memphis, TN 45.82 129 181
153 Laredo, TX 45.77 145 150
154 Philadelphia, PA 45.74 151 134
155 Buffalo, NY 45.62 163 76
156 Columbus, GA 45.50 148 155
157 Modesto, CA 45.45 155 131
158 Mobile, AL 45.38 138 172
159 Hialeah, FL 45.07 125 182
160 Augusta, GA 44.61 150 178
161 Jackson, MS 44.54 147 177
162 Huntington, WV 43.90 165 136
163 Bridgeport, CT 43.68 164 149
164 San Bernardino, CA 43.64 160 163
165 New Haven, CT 43.50 174 96
166 Anchorage, AK 43.32 169 129
167 Oxnard, CA 43.23 172 115
168 Bakersfield, CA 42.88 175 120
169 Winston-Salem, NC 42.62 167 169
170 Cleveland, OH 42.45 168 161
171 New Orleans, LA 42.42 173 146
172 Gulfport, MS 42.32 166 175
173 Detroit, MI 42.19 161 180
174 North Las Vegas, NV 41.77 178 137
175 Fresno, CA 41.76 176 159
176 Stockton, CA 41.30 170 176
177 Brownsville, TX 41.25 177 156
178 Shreveport, LA 40.64 171 179
179 Toledo, OH 40.56 179 170
180 Newark, NJ 39.01 180 152
181 Las Cruces, NM 38.88 182 100
182 Fayetteville, NC 36.91 181 174

 

Embed on your website<iframe src="//d2e70e9yced57e.cloudfront.net/wallethub/embed/2173/bubblechart-findjob.html" width="700" height="450" frameBorder="0" scrolling="no"></iframe> <div style="width:700px;font-size:12px;color:#888;">Source: <a href="http://bit.ly/2TnAYef>

Ask the Experts

Although the employment projections for 2019 appear to be promising, the job-hunting process can still be scary, especially for those entering the workforce for the first time or facing particular obstacles. To ease the burden on job seekers, we asked a panel of experts to share their thoughts on the following key questions:

  • What is your prediction for the job market in 2019?
  • What impact will the current administration’s policies have on job growth?
  • Which fields are expected to grow the most in the coming years?
  • Recent evidence suggests fewer people are moving across state lines in search for work. Why do you think this is, and what can be done to increase geographic mobility?
  • What are the most common mistakes job seekers make when seeking employment?
  • What types of programs have proven effective in helping unemployed individuals find work?
  • Should unemployed people be required to do something in order to earn their unemployment benefits? If so, what?
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Methodology

In order to determine the best job markets in the U.S., WalletHub compared 182 cities — including the 150 most populated U.S. cities, plus at least two of the most populated cities in each state — across two key dimensions, “Job Market” and “Socio-economics.” We assigned a heavier weight to the former, considering the fact that factors in that category most heavily influence a job seeker’s decision in terms of relocation for employment.

We then evaluated the two dimensions using 30 relevant metrics, which are listed below with their corresponding weights. Each metric was graded on a 100-point scale, with a score of 100 representing the most favorable conditions for job seekers. Data for metrics marked with an asterisk (*) were available at state level only.

Finally, we determined each city’s weighted average across all metrics to calculate its overall score and used the resulting scores to rank-order our sample. In determining our sample, we considered only the city proper in each case, excluding cities in the surrounding metro area.

Job Market – Total Points: 80
  • Job Opportunities: Double Weight (~6.53 Points)Note: This metric was calculated as follows: Number of Job Openings per Number of Population in Labor Force Minus Unemployment Rate.
  • Employment Growth: Double Weight (~6.53 Points)Note: This metric measures the rate of annual job growth adjusted by the working-age population growth.
  • Monthly Average Starting Salary: Full Weight (~3.27 Points)
  • Unemployment Rate: Double Weight (~6.53 Points)
  • Underemployment Rate: Full Weight (~3.27 Points)
  • Industry Variety: Full Weight (~3.27 Points)
  • Employment Outlook: Double Weight (~6.53 Points)Note: This metric is based on the Manpower Employment Outlook Survey.
  • Automation Risk: Full Weight (~3.27 Points)Note: This metric measures the percentage of jobs at risk for automation.
  • Job Security: Full Weight (~3.27 Points)Note: This metric was calculated as follows: (Number of Employees in 2017 – Number of Employees in 2016) / Number of Employees in 2016.
  • Job Satisfaction: Full Weight (~3.27 Points)
  • Share of Engaged Workers*: Full Weight (~3.27 Points)Note: This metric is based on Gallup’s “State of the American Workplace” report. Gallup defines engaged employees as those who are involved in, enthusiastic about and committed to their work and workplace.
  • Retirement Access & Participation: Full Weight (~3.27 Points)Note: This metric considers only employer-based retirement plans.
  • Access to Employee Benefits: Full Weight (~3.27 Points)Note: This metric measures the share of employees with private health insurance.
  • Presence of Work-Share Programs*: Full Weight (~3.27 Points)Note: This binary metric measures the presence or absence of state programs that allow employers to temporarily reduce work hours of employees instead of laying them off during economic downturns.
  • Full-Time Employment: Full Weight (~3.27 Points)Note: This metric measures the number of part-time employees for every 100 full-time employees.
  • Access to Internships: Full Weight (~3.27 Points)Note: This metric measures the number of internships per total civilian population aged 16 to 24 in the labor force.
  • 4+ Star Job Opportunities per Total People in Labor Force: Full Weight (~3.27 Points)Note: This metric measures the number of job opportunities at 4+ star rated companies on Glasssdoor.com per the total people in the labor force.
  • Apprentice-Trainee Jobs as Share of Total Jobs Posted on Glassdoor.com: Half Weight (~1.63 Points)Note: Apprentice-trainee jobs refers to on-the-job training.
  • Share of Workers in Poverty: Double Weight (~6.53 Points)Note: This metric measures the percentage of employed residents whose incomes are below the poverty line.
  • Disability-Friendliness of Employers: Full Weight (~3.27 Points)Note: This metric measures the percentage of persons with disabilities who are employed.
Socio-economics – Total Points: 20
  • Median Annual Income: Full Weight (~2.00 Points)Note: This metric was adjusted for the cost of living.
  • Average Work & Commute Time: Full Weight (~2.00 Points)Note: This metric measures the average length of a workday and the average commute time.
  • Transit Accessibility of Workplace: Full Weight (~2.00 Points)Note: This metric measures the number of jobs accessible by a 30-minute transit ride per total civilian workforce.
  • Transit Score: Full Weight (~2.00 Points)Note: Transit Score is a patented measure of how well a location is served by public transit.
  • Housing Affordability: Full Weight (~2.00 Points)Note: This metric was calculated as follows: Housing Costs (accounts for both rental and sale prices) / Median Annual Household Income.
  • Annual Transportation Costs: Full Weight (~2.00 Points)
  • Safety: Full Weight (~2.00 Points)Note: This metric measures the crime rate.
  • Family-Friendliness: Full Weight (~2.00 Points)Note: This metric is based on WalletHub’s “Best & Worst Places to Raise a Family” ranking.
  • Dating-Friendliness: Full Weight (~2.00 Points)Note: This metric is based on WalletHub’s “Best & Worst Cities for Singles” ranking.
  • Recreation-Friendliness: Full Weight (~2.00 Points)Note: This metric is based on WalletHub’s “Best & Worst Cities for Recreation” ranking.

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 Sources: Data used to create this ranking were collected from the U.S. Census Bureau, Bureau of Labor Statistics, Federal Bureau of Investigation, U.S Department of Housing and Urban Development, Council for Community and Economic Research, Indeed, Center for Neighborhood Technology, The Pew Charitable Trusts, National Conference of State Legislatures, Glassdoor, ManpowerGroup, Chmura Economics & Analytics, Chegg, Kellogg School of Management, Northwestern University, Gallup-Sharecare, Walk Score and WalletHub research.



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