The Best 5 States for Employment Opportunities
If you are struggling to find the right opportunities for job progression in your home state, you may want to relocate in the coming months. Relocating early in life is a great way to find the most promising and high-paying jobs.
The good news is that while some parts of the United States are struggling, other states are thriving. It is easy to assume the entire country is in a similar economic condition, especially if you are so used to living in one area. But there are states in America where plenty of high-paying jobs are available.
Those who are ready to commit to a move should consider the following states, as they are the most promising areas to find work in 2018 and beyond.
In this article
1. North Dakota
When people think about North Dakota, they think of remote areas, harsh winters and tiny towns. But it is not your parent’s North Dakota anymore. The state is currently going through an oil boom that is not showing any signs of slowing down.
And given the low population in the state, land prices are still very affordable. If you are hoping to find a nice area where you can buy a home, get a great job and settle down, North Dakota may be the place for you.
To understand the oil boom, we must look at the state’s economic statistics. In 2004, oil and gas production was a mere two percent of the economy.
In 2014, it was up to 16 percent! The figure is still rising. Oil prices may go up and down around the world, but there is still a lot of opportunity in North Dakota thanks to the oil boom.
Cities like Fargo, Bismarck, Minot and Grand Forks are very pleasant places to live. If you are coming from a major city, you might find the lifestyle a little quiet. But some people prefer that.
After California, Texas has the largest economy in the US. The gross state product stands at $1.7 trillion per year, with the figure set to go up in 2018 and 2019. Six of the top 50 companies that sit on the Fortune 500 list are located in the lone-star state.
If you are about to graduate from college, or you plan on attending a technical school, Texas is the perfect place to settle down. Cities such as Houston, San Antonio, and Dallas are always growing, but they are still affordable places to live.
While California may have a larger economy, the rent prices in the major cities are out of control. Finding an affordable one or two-bedroom apartment in San Francisco or Los Angeles is a nightmare.
Those issues are not present in the major Texas cities, which is a blessing for those who want to move for employment reasons.
With the tech industry continuing its near-annual growth, Texas is the place where everything is happening. When people think of tech, their mind goes to Silicon Valley, but a lot of the computer components, software, and infrastructure that is used around the country is developed and produced in Texas.
Major technology companies with headquarters in the state include:
- Silicon Labs
Thinking about moving to Florida in the next few months? You would be arriving at the right time. The state is set to become a $1 trillion economy sometime this year. And you would not be the only one moving to the state. Estimates show that around 900 people move to the state every DAY!
While the job growth figures in the state are expected to slow down in comparison to 2016 and 2017 levels, they are still very impressive. Florida is expected to create up to 200,000 jobs in 2018 with a similar figure anticipated for 2019.
The service industry is a major reason for the growth in jobs. As more people move into the area and new neighborhoods flourish, restaurants, bars, clubs, coffee shops and new stores keep popping up.
Areas like Miami-Dade are great for those who are considering moving to the Florida area. It is a major hub in the state and there are still neighborhoods where you can find affordable homes to buy or rent.
4. New York
The state of New York is experiencing one of its best economic periods in recent history. The state has experienced gradual unemployment declines since 2011. And there are currently more than eight million people employed in the private sector in New York – the most ever.
If you are worried about the crazy rent and living expenses of New York City, remember that New York is a huge state. You do not have to move to the city if it is not suited to your life goals.
Areas such as Poughkeepsie, Buffalo, and Albany are growing every year. Plenty of new jobs are opening up in tech, banking, and other industries. And the state’s governor recently announced a $100 billion infrastructure project that will add tens of thousands of jobs in the coming decade.
When Gallup conducted a survey of the top job-creating states in the nation, Minnesota came out on top! There are plenty of corporate and executive jobs available in the state.
Minnesota is home to some of the top companies in the world, such as:
- Best Buy
- UnitedHealth Group
- S. Bancorp
If you are the type of person who does not mind going back to school and gaining new certifications, you may be the ideal fit for Minnesota. Healthcare is a huge part of the state’s economy. Nurses, medical assistants, and other medical professionals are in high demand, with no signs of a slowdown.
The following table displays the Best 5 States for Employment Opportunities:
|No.||Best 5 States for Employment Opportunities|
The state may not have the same reputation as New York or California for a bustling lifestyle, but Minneapolis, Saint Paul, and St. Cloud are great cities where you can build a life. Apartments and homes are affordable, there are tons of cultural landmarks to experience, the weather is good and the jobs outlook is very impressive.