While COVID and the great resignation defined the labor landscape of 2021, 2022 will likely be a year defined by job growth and opportunities for both those entering the professional world for the first time, and talent who quit their jobs.
ADP, the HR management software company, estimates that employers already added 807,000 jobs in December, while the Bureau of Labor Statistics expects more growth to come, particularly in the healthcare, construction and personal care fields. Additionally, The National Association of Colleges and Employers estimates that employers will hire 26.6% more new graduates from the Class of 2022 than 2021.
"After the hit it took in 2020 during the COVID-19 pandemic, the job market recovered quite a bit last year,” says Jill Gonzalez, an analyst at WalletHub, a personal finance website. “We can safely say that the US economy is on its way to making a full recovery, and due to the labor shortage, job seekers are at an advantage in negotiating their compensation and benefits.”
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Still, Gomez notes that job opportunities and security will largely depend on location, which will not only influence an individual’s job options but their financial wellness.
So, WalletHub ranked the best cities to find work based on two dimensions: job market and socioeconomics. Cities were scored out of 100 points, using factors like monthly average starting salary, industry variety and retirement access, as well as housing affordability, annual transportation costs and median annual income.
Here are the top 10 cities to find a job, according to
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