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- It is a robust job market in the meanwhile, with openings dropping.
- However some cities have higher job markets than others, and SmartAsset just lately ranked 348 of them.
- Some prime markets embrace Nashville, Austin, and Seattle.
With job openings dropping and wage progress slowing, the US labor market is cooling off.
However there are some pockets of the nation which have extra buzzing job markets than others.
Monetary knowledge agency SmartAsset just lately revealed a research rating 348 cities across the US on how engaging their job markets are. The research makes use of Census Bureau knowledge from 2023, the latest knowledge obtainable, and considers native unemployment charges, median annual earnings, three-year revenue progress, the proportion of its workforce that has a distant job, and extra.
Under, we have listed the highest 15 cities within the rating, together with the above knowledge factors. For reference, listed here are the median values for every variable throughout the research pattern:
- Unemployment price: 4.45%
- Median earnings: $42,140
- 3-year revenue progress: 25.28%
- % working remotely: 11.93%
15. Nashville, Tennessee
Mike/Getty Pictures
Unemployment price: 3.13%
Median earnings: $50,304
3-year revenue progress: 38.37%
% working remotely: 17.81%
14. St. Louis, Missouri
Artwork Wager/Getty Pictures
Unemployment price: 4.69%
Median earnings: $59,986
3-year revenue progress: 34.47%
% working remotely: 13.30%
13. Scottsdale, Arizona
antsdrone/Shutterstock
Unemployment price: 2.97%
Median earnings: $57,183
3-year revenue progress: 28.38%
% working remotely: 26.52%
12. Wichita Falls, Texas
DenisTangneyJr/Getty Pictures
Unemployment price: 2.51%
Median earnings: $68,390
3-year revenue progress: 39.65%
% working remotely: 7.58%
11. Austin, Texas
Getty Pictures
Unemployment price: 3.95%
Median earnings: $36,585
3-year revenue progress: 34.97%
% working remotely: 26.54%
10. Sunnyvale, California
Sundry Pictures/Shutterstock
Unemployment price: 3.45%
Median earnings: $111,905
3-year revenue progress: 31.12%
% working remotely: 15.33%
9. Westminster, Colorado
John Coletti/Getty Pictures
Unemployment price: 1.69%
Median earnings: $70,711
3-year revenue progress: 37.73%
% working remotely: 19.35%
8. Sioux Falls, South Dakota
Jacob Boomsma/Shutterstock
Unemployment price: 2.36%
Median earnings: $56,858
3-year revenue progress: 29.89%
% working remotely: 9.26%
7. Cary, North Carolina
KAD Picture/Shutterstock
Unemployment price: 3.50%
Median earnings: $47,203
3-year revenue progress: 23.13%
% working remotely: 27.96%
6. Santa Clara, California
Mariusz S. Jurgielewicz/Shutterstock
Unemployment price: 4.24%
Median earnings: $90,384
3-year revenue progress: 40.97%
% working remotely: 16.51%
5. Carmel, Indiana
Michael Godek/Getty Pictures
Unemployment price: 2.27%
Median earnings: $101,038
3-year revenue progress: 21.49%
% working remotely: 27.75%
4. Bellevue, Washington
Ryan C Slimak Picture
Unemployment price: 4.29%
Median earnings: $76,228
3-year revenue progress: 32.43%
% working remotely: 24.59%
3. Seattle, Washington
Sean Pavone/Shutterstock
Unemployment price: 4.17%
Median earnings: $46,443
3-year revenue progress: 35.99%
% working remotely: 26.87%
2. Richmond, Virginia
Invoice Dickinson/Getty Pictures
Unemployment price: 3.80%
Median earnings: $73,138
3-year revenue progress: 49.47%
% working remotely: 15.81%
1. Bend, Oregon
Mike Albright Pictures/Shutterstock
Unemployment price: 3.16%
Median earnings: $51,382
3-year revenue progress: 44.22%
% working remotely: 26.89%