{"id":104868,"date":"2021-01-22T17:37:40","date_gmt":"2021-01-22T17:37:40","guid":{"rendered":"https:\/\/fin2me.com\/?p=104868"},"modified":"2021-01-22T17:37:40","modified_gmt":"2021-01-22T17:37:40","slug":"best-us-cities-for-jobs-in-2021","status":"publish","type":"post","link":"https:\/\/fin2me.com\/business\/best-us-cities-for-jobs-in-2021\/","title":{"rendered":"Best US cities for jobs in 2021"},"content":{"rendered":"
The pandemic has given unprecedented flexibility and mobility to Americans who are able to work remotely and that\u2019s changing where the best cities are for jobs.<\/p>\n
Small and mid-sized cities, all with populations well under 1 million, claimed the top 10 best U.S. cities for employment, according to a new study from WalletHub. South Burlington, Vermont outranked more than 180 other cities for its overall promise of job opportunities, low unemployment, and median annual income.<\/p>\n
\u201cThese smaller places can now be transformed into kind of new job market hubs on their own,\u201d said Jill Gonzalez, WalletHub\u2019s senior analyst, dubbing them \u201cthe new forefront of the job market…moving for a job, I think is becoming possibly a thing of the past.\u201d<\/p>\n
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Even before the pandemic, Americans were fleeing populated states like New York and California to escape high taxes and expensive housing. Remote work has since enabled a segment of workers to tap into the benefits of lower costs of living with gainful employment in smaller cities.<\/p>\n
WalletHub evaluated 182 of the most-populated U.S. cities \u2014 including at least two of the most populated cities in each state \u2014 by analyzing 32 metrics. Each city was assigned a score based on job opportunities, employment growth, starting salaries, and socioeconomic indicators like median income, housing affordability, and safety, along with an overall score.<\/p>\n
Additionally, COVID-19 metrics were added to this year\u2019s rankings, and the measures for weekly cases and mortality were weighted more over commute times and transit accessibility.<\/p>\n
\u201cThis year is more of an anomaly than last. We\u2019ve been doing this study now for five years and we do see a lot of the same cities in the past 10 or 20,\u201d Gonzalez said. \u201cThis year, we saw a little bit of a shakeup.\u201d<\/p>\n
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Job seekers may not want to gravitate toward major metropolises and instead pivot their searches to small to mid-sized cities, the data indicates.<\/p>\n
Case in point: this year\u2019s overall top city is South Burlington, Vermont, with a population of just under 20,000, scored high marks for its thriving job market and socioeconomic measures like safety and affordable housing.<\/p>\n
Rounding out the top 10 are other mid-tier cities like Columbia, Maryland (No. 2); Virginia Beach, Virginia (No. 3); Salt Lake City (No. 4); Boise, Idaho (No. 5); Scottsdale, Arizona (No. 6); Chesapeake, Virginia (No. 7); Seattle (No. 8); Colorado Springs, Colorado (No. 9); and Plano, Texas (No. 10), according to the study.<\/p>\n
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Hialeah, Florida; Shreveport, Louisiana; Detroit; Brownsville, Texas; and North Las Vegas, Nevada were identified as the five worst scoring cities in the country, according to WalletHub.<\/p>\n
Of the 20 lowest-ranking cities, six of them are in California: San Bernardino (No. 172), Glendale (No. 171), Los Angeles (No. 169), Stockton (No. 168), Santa Clarita (No. 167), and Long Beach (No. 166).<\/p>\n
The Golden State leads the country in terms of worst job market indicators like job opportunities and employment growth, and socioeconomic factors like housing affordability and average work and commute time, the study found.<\/p>\n
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Recent data from the Census Bureau indicates that moving levels are at a 72-year low and more people are searching for remote-work opportunities. But uncertainty about working in general remains and that could be what\u2019s precluding the masses from picking up and moving.<\/p>\n
The pandemic\u2019s cruelty has been evident in the U.S. job market. While unemployment has rebounded from 14.7% in April to 6.7%, President Trump\u2019s term ended with 3 million fewer jobs than when he started in 2017. The economy still needs to add at least 9.8 million jobs to be back to its pre-pandemic levels.<\/p>\n
With people largely staying put, Gonzalez predicts offices and workspaces will pop up in smaller cities to accommodate booming job markets and those looking to return to office life.<\/p>\n
\u201cWe won’t see people really moving for new opportunities for quite some time,\u201d she said.<\/p>\n
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Stephanie is a reporter for Yahoo Money and <\/em>Cashay<\/em>, a new personal finance website. Follow her on Twitter <\/em>@SJAsymkos<\/em>.<\/em><\/p>\n More travelers look to second passports, dual citizenship to skirt pandemic restrictions<\/strong><\/p>\n<\/li>\n Biden’s rescue plan uses ‘most effective tool’ to combat hunger \u2014 but leaves out key aid<\/strong><\/p>\n<\/li>\n FDA offers tips to avoid coronavirus vaccine scams<\/strong><\/p>\n<\/li>\n Americans are increasingly going hungry as the pandemic rages and stimulus expires<\/strong><\/p>\n<\/li>\n Click here for more personal finance tips, guides and news<\/strong><\/p>\n<\/li>\n<\/ul>\n Follow Yahoo Finance on<\/em> Twitter<\/em>,<\/em> Facebook<\/em>,<\/em> Instagram<\/em>,<\/em> Flipboard<\/em>,<\/em> SmartNews<\/em>, <\/em>LinkedIn<\/em>, <\/em>YouTube<\/em>, and<\/em> reddit<\/em>.<\/em><\/p>\n\n