America’s 10 Hottest Labor Markets
September 18, 2008
Bizjournals analyzed private-sector employment patterns in America’s major metropolitan areas, using data from the past five years.
Bizjournals used a nine-part formula to analyze employment trends in the nation’s 100 largest labor markets. The formula was fueled by midyear data complied since 2003 by the U.S. Bureau of Labor Statistics.
#1 Houston
#2 Austin
#3 Dallas-Fort Worth
# 4 Raleigh
# 5 Seattle
#6 San Antonio
Here’s another Texas entry in the top 10. San Antonio’s key accomplishment has been keeping its unemployment rate steady: 4.5 percent in mid-2007, 4.6 percent in mid-2008. That’s especially impressive because the national rate has climbed to 5.7 percent during that same time.
Quick Stats
Private-sector jobs as of mid-2008: 703,500
Unemployment rate as of mid-2008: 4.6%
Private-sector trend since mid-2003: Added 89,400 jobs
Five-year growth rate: 14.6%
Private-sector trend since mid-2007: Added 13,200 jobs
One-year growth rate: 1.9%
#7 Charlotte
#8 Oklahoma City
#9 Durham, N.C.
#10 Salt Lake City
Yon can find the entire story here.
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