While Nevada enjoys one of the highest job growth rates in the nation at 4%, it also has the highest unemployment rate at 5.4%, and wage growth has stagnated at 1.3% per year.
Salt Lake City’s job market has grown 7.8% from 2012 to 2022, and with this growth came lots of competition for jobs. Many Utah residents are highly educated, which makes it even harder to stand out.
This state has seen job growth in technology, agriculture, and services, and a low unemployment rate at 3.3%. Despite this, there has been a rapid increase in population, leading to more competition.
Though South Dakota doesn’t have a large population — there are .6 people for every job opening — its employment opportunities tend to be low-paying.
Known for attracting new residents from other states, Texas has many advantages. The state doesn’t have an income tax, and there are strong sectors in technology, energy, healthcare, and finance.
Another fast-growing state, Florida has welcomed 2.2 million new residents over the last two years. Many of Florida’s biggest cities are at the top for employment opportunities.
The unemployment rate in this Southern state is 3%, which isn’t too high, thanks to healthy sectors like trade, transportation, utilities, defense, and aerospace.
A low worker-to-job ratio means Wyoming residents experience tough competition for employment. The state has a large energy sector, so many available jobs are in this category.
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