Realty Standard Inc.’s Post

The Wall Street Journal is out today with its annual list of the hottest U.S. job markets, ranked by the key quantifiable factors. You can see the 55 largest Metro Area rankings in the article. The summary is, Florida continues to dominate, with 4 of the top 6 hottest markets, while the Northeast and Rust Belt continue to struggle.

Florida has four of the top six hottest job markets in the United States. 🏆   Jacksonville, Orlando, Tampa, and Miami collectively established Florida as the premier state in 2023, demonstrating the state’s growing influence and appeal in the national job market landscape.   The Wall Street Journal, in collaboration with Moody’s Analytics, evaluated approximately 380 metropolitan areas.   The rankings determined the strongest labor markets based on five factors: ➖ Unemployment rate ➖ Labor-force participation rate ➖ Changes to employment levels ➖ Size of the labor force ➖ Wages   As Florida continues to solidify its position as a hub of employment opportunities, these cities are poised for sustained growth and development.

HIGH JOB GROWTH RANKING: The Miami area’s addition of 66,800 jobs from May 2023 to May 20124 was the fourth-largest of any metropolitan community in the nation, the US Bureau of Labor Statistics reports. The New York metropolitan area added the most jobs in that period, 144,400, followed by Houston with 81,700 and Dallas with 68,000. Lowest in job growth year over year among the 12 largest metropolitan areas was San Francisco, with 3,400 added jobs. Above that were Boston with 8,000 new jobs and Chicago with 12,700. The Miami area in the study includes Broward and Palm Beach counties as well as Miami-Dade. #FYIMiami #MiamiTodayNews https://lnkd.in/dSHD_Stk

Did you know?  Dallas boasts the second fastest-growing job market! According to the U.S. Bureau of Labor Statistics, Dallas continues to solidify its reputation as a thriving economic hub, with the second fastest-growing job market in the country. The region's diversified economy, business-friendly environment, and skilled workforce attract business and talent from across the nation. As job opportunities abound and wages rise, North Texas remains an attractive destination for professionals and families seeking career advancement and economic prosperity. This robust job market not only drives housing demand but also fosters long-term stability and growth in the real estate sector. (Republic Title)

The First Coast is the place to be! Jacksonville ranked number two in The Wall Street Journal and Moody's Analytics job market analysis of 380 metro areas across the United States. This strong ranking is largely the result of Fortune 500 companies relocating to Jacksonville. Florida as a whole beat the rest of the country with three major cities ranking in the top five job markets. #jacksonvilleflorida #firstcoast #jobmarket #wallstreetjournal #jaxrealtor #realestatemarket #northeastflorida #floridarealestate #jacksonvillerealtor #risingjobmarket #floridajobmarket

More affordable cities that serve as tech and finance outposts top the latest annual rankings. Follow the mountains and sunshine for the best job markets in America. Salt Lake City was #1 in 2023. Cities with strong job markets were those well-positioned as affordable alternatives to the traditional tech and financial hubs. See the Top 10 in the Comment box below. The bottom 10 cities included Milwaukee, New York, Sacramento, San Bernardino, Cleveland, Pittsburgh, LA, Chicago, Providence, and Memphis.

📈 In the latest release from BR by the Numbers, more new college graduates are applying to jobs in the Capital Region, outpacing other metro areas, such as Charleston and Memphis. 🫱🏻🫲🏽This success is primarily due to collaborative efforts by BRAC, Handshake, local businesses, and universities to retain local talent. 🪴 These concerted efforts are attracting more college graduates and transforming Baton Rouge into a vibrant hub for young professionals, a promising sign for the region's future. Discover how local efforts are driving this positive trend here: https://bit.ly/3UNZJlg

In 2023, four Florida cities were named the hottest job markets in the United States, as highlighted in a recent Wall Street Journal report. Jacksonville, Orlando, Tampa, and Miami all secured positions within the top six nationwide, showing Florida's dominance in the U.S job market. The analysis focused on five key metrics: unemployment rates, labor-force participation rates, employment level changes, the size of labor forces, and wage trends. Read more: https://lnkd.in/erW8n2Ks

Austin Ranked #1 in Texas for America’s Hottest Job Markets. To learn more about the research that went into this list, check out our latest CRG blog post at https://lnkd.in/dMb-AE53   #cainrealtygroup #crgaustin #austinaccolades #austinrelocation #austintexas #austinrealestate #austinliving #austinnews #austinrealtors

The Best Places to Live rankings are here! My small but mighty team updated countless city pages as our methodology made an important shift from metro-based data to city-based data. Another important change to our methodology rebalanced our scores after a nationwide survey revealed the increasing importance of a city's value and its job market. Check out the 2024-2025 #BestPlacestoLive rankings and see if your city made this year’s list. https://lnkd.in/gc_C_UfR #usnews #bestplaces