The US cities where jobs are growing fastest
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- January 09, 2024
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It’s a to be in the US labor force, but workers in certain cities are benefiting more than others. Among larger metropolitan areas with at least 1 million residents, Jacksonville, Florida; Raleigh, North Carolina; and Las Vegas, Nevada saw the greatest positive changes in from November 2022 through 2023, according to from the US Bureau of Labor Statistics (BLS) released on Monday (Jan.
8). Employment also grew notably in Dallas, Texas; Birmingham, Alabama; and Miami, Florida. Only cities with statistically significant changes in employment were noted in Quartz’s analysis. Among cities with fewer than 1 million residents, the places where (pdf) were Lawrence, Kansas (9.7%); Charleston (5.9%), South Carolina; and Salinas, California (4.5%).
Things in this area of the Sunshine State, relative to the rest of the nation. The city’s unemployment rate is about a than the country’s overall, and its job market the rest of Florida. Jobs grew fastest in education and health services, which seems like a no brainer, given the city’s hospitals, universities, colleges, and competitive school district.
In 2023, Jacksonville was ranked in the to live by US News. In Sin City, employment grew even as the state’s jobless rate remained the . Whether Las Vegas really has a booming job market is , but there’s no question that its labor force is diversifying, with workers increasingly entering higher paid sectors.
In November, the city’s saw the largest employment gains. Vegas has also been a recent favorite of sports leagues: The NBA hosted its Summer League there, and the city is hosting the NFL Super Bowl in February. Locals go so far as to call it the “ .” The city has a still high unemployment rate of 5.1%—but that’s actually not bad, considering that 5% or lower is considered “ .” Ranked the in the nation by US News and one of the by WalletHub, Raleigh is part of three cities (also including Durham and Chapel Hill) known as the “Research Triangle,” a tech hub described as the of the East Coast.
Research consulting firm and communications company recently relocated their headquarters there, and is set to establish its main East Coast campus in the Research Triangle. Also notable was Raleigh based First Citizens Bank’s earlier this year, which sent the former’s stock soaring almost 80% in 2023.
Raleigh’s leisure and hospitality sector year over year as of November. Sign up for the Daily Brief Our free, fast, and fun briefing on the global economy, delivered every weekday morning..