Job seekers in 2007 should be turning their eyes to the South and the West, according to a new study by Forbes magazine.
In its annual Best Cities for Jobs list, nine of Forbes’ top 10 cities either lie below the Mason-Dixon line, or west beyond the Rocky Mountains. None of the major U.S. cities like New York, Los Angeles or Chicago made the top 10. New York, considered the financial capital of the world, came in at No. 63, up from its No. 99 ranking in 2005.
To compile the rankings, Forbes used five data points. They were unemployment rate, job growth, income growth, median household income and cost of living for 2006 because only partial data is so far available for 2007. The data was applied to the largest 100 metropolitan areas, as defined by the U.S. Census Bureau, and data was also obtained from Moody’s Economy.com.
