Salt Lake City at Head of U.S. Labor Market Class
As someone often called on to make presentations on the economy, or as a salesperson wishing to sound knowledgeable when speaking with a client, it’s always good to know where the best labor markets are among cities.
This article is a handy reference piece.
For the 51 largest (by population) metro statistical areas (MSAs) in the U.S. and the 35 census metropolitan areas (CMAs) in Canada, I’ve ranked them in two ways:
(1) by year-over-year jobs creation performances (or rather, with the pandemic on the prowl, by jobs retention performances, smallest decline being most admirable); and
(2) by unemployment rates, from lowest (best) to highest (worst).
The Top-33 city rankings for the U.S. appear in Table 1, which makes use of the latest data available from the Bureau of Labor Statistics (BLS), for December 2020.
