Report: Top 10 U.S. Cities For Job Growth
In the wake of the financial crisis, most U.S. cities experienced a massive loss of jobs. While the employment picture remains far from bright for many job seekers across the country, a new report released Wednesday finds that some cities are seeing significant jumps in job growth.
The study, prepared by Economic Modeling Specialists Intl. and CareerBuilder, an AOL Jobs sponsor, lists 10 cities where job growth has risen at least 4 percent growth during the last two years. The report says there's a correlation between the top locations for increases in jobs and the concentration of fast-growing industries in those markets, including technology, energy, manufacturing and health care.
Cities with ties to those sectors as well as transportation and consulting have seen employment rise 10 to 30 percent during the last few years, according to the report, which includes data for employees as well as self-employed workers, culled from more than 90 national and state employment resources.
Of the nation's most populous metropolitan areas, the report found that these 10 cities and their environs had the most job growth from 2010 to 2012:
- Phoenix (includes Mesa and Glendale, Ariz.) -- 81,606 jobs added, up 4 percent.
- San Francisco (includes Oakland and Fremont, Calif.) -- 84,014 jobs added, up 4 percent.
- Dallas (includes Fort Worth and Arlington, Texas) -- 128,644 jobs added, up 4 percent.
- Raleigh, N.C. (includes Cary)-- 24,725 jobs added, up 5 percent.
- Oklahoma City -- 28,992 jobs added, up 5 percent.
- Salt Lake City -- 34,137 jobs added, up 5 percent.
- Detroit (includes Warren and Livonia) -- 92,407 jobs added, up 5 percent.
- Austin, Texas (includes Round Rock and San Marcos) -- 49,131 jobs added, up 6 percent.
- Houston (includes Sugar Land and Baytown, Texas) -- 165,969 jobs added, up 6 percent.
- San Jose, Calif. (includes Sunnyvale and Santa Clara) -- 63,290 jobs added since 2010, up 7 percent.
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David Schepp has spent more than a dozen years covering business news for the electronic and print media, including Dow Jones Newswires, BBC News, Gannett Co., and most recently at AOL's DailyFinance. Nearly 10 years ago, he started writing a weekly People@Work column, looking in depth at issues facing workers in today's workplace. Follow David on Twitter. Email David at email@example.com. Add David to your Google+ circles.more...