Tuesday, February 3, 2015

Best US cities for young professionals by Forbes magazine

Over the past six months in the United States on a monthly basis was created more than 200 thousand. Jobs. At the same time, according to the Bureau of Labor Statistics, more than 2 million college graduates over 25 years old are unemployed. Among workers aged 25-34, the unemployment rate is 6.6% - the highest rate among all age groups.

To find out which US cities provide the best conditions for young professionals, the magazine «Forbes» once again made its own rating - "Best US cities for young professionals." The study included 100 largest US statistical areas (large metropolitan area).

The estimation was made on seven criteria:

unemployment rate
The projected annual growth of jobs in the years 2014-2016, according to Moody's Investors Service and the Bureau of Labor Statistics
Number of small and medium-sized firms (less than 500 employees) per capita
The number of large firms per capita
The average salary of employees from 24 to 34 years, with a college degree (according to Payscale)
Cost of living index according to Moody's rating agency
The number of people aged over 25 who have a bachelor's degree or higher
Best US cities for young professionals
According to «Forbes»

At the top of the rankings, as well as three years ago, in the first study of the magazine «Forbes», Des Moines, Iowa, and Raleigh, North Carolina. In those cities, an impressive number of large companies and educated workers. In Des Moines, for every 612 people there is one large firm, and 41.7% of the population have at least a bachelor's degree.

Role is not the first time the magazine hits the ratings «Forbes» this year. Roles also took second place in the list of US cities with the highest growth rates. Business Park Research Triangle Park, where the units IBM, GlaxoSmithKline, Syngenta, Credit Suisse and Cisco, offers young professionals a wide range of jobs. In North Carolina are the best schools: Duke University in Durham, North Carolina State University in Raleigh and the University of North Carolina at Chapel Hill.

Omaha, Nebraska ranked third in the rankings, with the unemployment rate is only 4.1%. There are many large companies (1 in 810 people), as well as small and medium businesses (1 firm for 52 people). In Omaha, the hometown of the world's largest investor and businessman Warren Buffett, head offices are housed five companies of "Fortune 500" (a list of the 500 largest US industrial companies, published annually by the magazine "Fortune"). It giants such as Berkshire Hathaway, Union Pacific Corp., ConAgra Foods, Kiewit Corporation, and Mutual of Omaha. In Omaha also pays great attention to supporting young entrepreneurs and the development of "start-ups". Due to favorable proportions of medium and large businesses in the city is projected to increase the number of jobs by an average of 2.8% per year.

City of Omaha in Nebraska

In Omaha, Nebraska is very low unemployment - just 4.1%
While most cities in the list firmly hold its position more than a year, there are a few newcomers. District Boise-Nampa, Idaho for the first time made the list at once to seventh place with a cost of living index is 7% lower than the national average, and a large company for every 728 people. Provo-Orem County, Utah took eighth place, thanks to the lowest unemployment rate - 3.8%.

Towns central part of the country has a strong position in the ranking thanks to a sustainable economy, decent wages and low cost of living. Coastal cities were on the list due to high earnings, a large number of firms and educated workers, but the high cost of living did not allow them to climb high in the rankings. Center of Silicon Valley - San Jose, California ranked first in terms of wages (average salary of $ 89,600.), But only the eleventh place in the rankings, thanks to one of the highest in the country, the cost of living. Fairfield County, Connecticut climb a few positions and took twelfth place, due to the high number of educated professionals (44.6%) and a large number of small businesses (1 firm for 42 people). San Francisco, despite the large number of small firms (1 in every 46 people) and high wages (71 500 USD.), Takes the last place because of the highest costs of living.

No comments:

Post a Comment