If you’re looking for a job or stronger sales, the best prospects among the largest U.S. metro markets include Dallas, based on job trends. Chicago rates among the weakest prospects.
Here are the five largest markets with the strongest prospects:
- San Francisco
Here are the five largest markets with the weakest prospects:
- St. Louis
- Virginia Beach-Norfolk-Newport News, VA
That’s the big-picture takeaway from the latest jobs data through September as shown in the graphic below. And here are some topline thoughts in terms of the impact @work and @home:
Impact @Work: Shift resources to markets in the South and West that have benefited from the growth of key industries such as technology and energy. Some markets such as Miami and Las Vegas are belatedly benefiting from economic recovery. The watchout is in markets such as Dallas, which may see weak spots develop in the wake of lower oil prices.
Impact @Home: Consider looking for work in markets outside of the Midwest and Northeast as the recovery lags there—as well as lagging in places such as Virginia Beach-Norfolk, which have been hurt by cuts in military-related jobs. The job opportunities will be in the largest markets, nearly half of which are seeing a steady trend of above average job growth.
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