Nat’l Lists Rank Twin Cities Among Best For Job Hunters
Minneapolis and St. Paul are two of the easiest cities for the unemployed to find jobs, according to two recent lists.
Forbes magazine ranked St. Paul fifth out of the 10 U.S. cities on its “Easiest Cities for Finding a Job Right Now” list. Meanwhile, Nerd Wallet, a website that helps consumers compare financial products and services, ranked Minneapolis eighth on its list of 20 “Best Cities for Job Seekers.”
Using data from the online job search engine Indeed.com, Forbes based its list on the number of job listings that offered $50,000 or more, per 1,000 residents, during the third quarter of 2013. According to Forbes, St. Paul had 36.
Comparatively, Washington, D.C., ranked as the easiest city to find employment, with 59 listings and San Antonio ranked as the hardest city, with merely two listings.
Click here to view Forbes’ lists of the 10 easiest and 10 hardest U.S. cities in which to find employment.
Nerd Wallet, meanwhile, compared job availability, city population growth, and median household income to homeowner costs in the 50-largest U.S. cities to compile its list.
The website used unemployment rate data from the U.S. Bureau of Labor Statistics as well as 2010 through 2012 U.S. Census population growth rates, median income worker numbers, and monthly homeowner cost figures.
Minneapolis received an overall score (derived from the measures mentioned earlier) of 68.6. The city reported a 4 percent unemployment rate, and its population increased 2.5 percent from 2010 to 2012, according to Nerd Wallet. Selected monthly homeowner costs totaled $1,639 and workers’ median income totaled $30,127.
Comparatively, Austin, Texas, ranked first on Nerd Wallet’s list for its “tremendous growth” and “burgeoning technology hub.” With an overall score of 80.1, Austin reported a 4.7 percent unemployment rate and experienced a 5.9 percent population increase from 2010 to 2012. Selected monthly homeowner costs totaled $1,725 and workers’ median income totaled $29,122.
Click here to view Nerd Wallet’s list of the 20 “Best Cities for Job Seekers.”
Earlier this summer, Minneapolis ranked among the nation’s best cities for recent college graduates who are looking for employment and affordable housing options, as well as the third-best city for small-business employees based on job growth, industry variety, average wages, and other factors.