The best area of the country for young people to land jobs in a recessionary economy is the Southwest, with Austin topping the list, according to a recent study by Portfolio.com, the online division of American City Business Journals.
The study analyzed the 67 U.S. metropolitan areas with populations above 750,000, giving the highest marks to places with strong growth rates, moderate costs of living, and substantial pools of young adults who are college-educated and employed.
According to the study, although two-thirds of the nation's major markets have fewer jobs now than five years ago, Austin added 99,200 jobs in that time, for an annual employment-growth rate of 2.8 percent, the fastest in the U.S.
Continue Reading for Free
Register and gain access to:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.