Bizjournals recently analyzed private-sector employment patterns in America’s major metropolitan areas using data from the past five years. Using a nine-part formula, with data compiled since 2003 by the U.S. Bureau of Labor Statistics, they analyzed employment trends in the nation’s 100 largest labor markets.
According to the report, these are the top 10 labor markets in the country:
- Houston, TX
- Austin, TX
- Dallas-Fort Worth, TX
- Raleigh, N.C.
- Seattle, WA
- San Antonio, TX
- Charlotte, NC
- Oklahoma City, OK
- Durham, N.C.
- Salt Lake City, UT
It’s interesting to note that Texas has four of the hottest jobs markets in the country.
And once again, last place belongs to Detroit which has ranked as the coldest job market in America for the past two years. The biggest problem remains Detroit's heavy reliance on domestic automakers, resulting in a loss of 30,800 jobs since mid-2007.