Though some aspects of the American economy are struggling, one thing remains clear – the job market is continuing to grow.
Cities leading the employment pack
At the beginning of August, the Bureau of Labor Statistics released final employment numbers for the first half of 2017. Though some aspects of the American economy are struggling, one thing remains clear – the job market is continuing to grow.
In the first two quarters of this year, employers added an impressive 1,081,000 jobs, a continuation of exciting growth dating back to the end of the Great Recession. In addition, the national unemployment rate hit a low not seen since 2001.
While employment has clearly been growing nationally, researchers at ConsumersAdvocate.org wanted to see which cities are leading the pack. To find out where the most exciting job growth occurred, they dove into the most recent BLS Metro Area Employment Report and calculated seasonally adjusted growth rates for every major metro area.
Driven by expansion in Hospitality and Leisure, Health and Education Services, and Professional and Business Services, employment growth in the 25 cities below is between 1.7X and 3.5X the 2017 national average growth rate of 0.7%.
Methodology
Using data from the Bureau of Labor Statistics, we identified metro areas with the greatest employment growth rate from January to June of 2017. In order to be included in our list, each metro area had to employ at least 250k people as of June 2017. Employment numbers are seasonally adjusted and only include non-farm employees. The data was pulled on Aug. 20, 2017 and originally published on ConsumersAdvocate.org.