The best cities in the USA for young professionals: Forbes ranking
- The best cities for young professionals in the USA
- Luxury and Prospects: Cities for Growth and Success
Over the past six months, the United States has created more than 200,000 new jobs each month, but this has not solved the unemployment problem among recent college graduates. More than 2 million unemployed individuals helped Forbes compile a list of the best cities for young professionals. The study included the 100 largest metropolitan statistical areas in the U.S., including major cities and suburbs. The evaluation was based on seven criteria, such as the unemployment rate, projected job growth, the number of small and medium-sized enterprises, cost of living, availability of cultural events, education level, and quality of life.
Youth unemployment rate
According to data from the study, the most "unemployed" in the 25-34 age category were Detroit residents, with an unemployment rate of 16.8%. Also high unemployment rates among young professionals is noted in the cities of Philadelphia (9.7%) and Miami (9.6%).
The best cities for young professionals
One of the leaders on the list is the city of Austin, Texas, where specialists in technology, healthcare, business, and finance can find work. The unemployment rate in Austin is low, at 2.5%.
Seattle, Washington, ranked second on the list of the best cities for young professionals, offering job opportunities in fields such as marketing, computer technology, engineering, and construction. The unemployment rate in Seattle is 3.3%.
The third place was taken by the city of Denver, Colorado, where specialists work in the fields of energy, telecommunications, tourism, and healthcare. The unemployment rate in this city is at 3.4%.
Also on the list of the best cities for young professionals were the cities of Boston, Columbus, San Francisco, Raleigh, Richmond and some others.
Conclusions and recommendations
Based on this research, it can be concluded that for young professionals seeking employment, it is better to focus on cities with low unemployment rates and the potential for job growth in various fields. However, when choosing a city, it is also important to consider other factors, such as the cost of living, the availability of cultural events, and educational institutions, to ensure a comfortable and successful life in a new place.
Business Park "Research Triangle Park"
Located in North Carolina, the Research Triangle Park business park offers a wide range of job opportunities for young professionals.
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Omaha, Nebraska
Omaha ranks third in the ranking of cities with low unemployment rates (only 4.1%). This is home to the headquarters of five Fortune 500 companies, including Berkshire Hathaway, Union Pacific Corp., Conagra Foods, Kiewit Corporation, and Mutual of Omaha. Omaha also actively supports young entrepreneurs and startups, contributing to job growth averaging 2.8 percent annually.
Newcomers in the ranking
- The Boise-Nampa area in Idaho ranked seventh due to a cost of living that is 7% lower than the national average and a high number of large companies.
- Provo-Orem, Utah ranked eighth with the lowest unemployment rate at just 3.8%.
Small towns in the central part of the country hold their own due to their stable economies, good wages and low cost of living. economies, good wages and low cost of living. On the coasts, high wages and educated workers stand out, although the high cost of living keeps these cities from moving up the rankings. educated workers, although the high cost of living keeps these cities from moving higher in the rankings. For example, San Jose, California, the center of Silicon Valley, has a median income of $89,600, but only came in at the eleventh place because of the high cost of living. Fairfield County, Connecticut rose to twelfth place place due to a high percentage of educated professionals and the presence of a large number of small companies.
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