Washington, Colorado, and Minnesota were recently found to be the best for jobs in the U.S. this year, based on job market and economic environment data.
The ranking of all 50 states used eight scoring metrics, including job opportunities, commute times, job satisfaction, time spent working, lowest unemployment rate, and highest median annual income. Washington state was best overall, and had the best economic environment. Colorado, ranked second, had the best job market in WalletHub's list. Kentucky, Mississippi, and West Virginia took the lowest three spots, respectively. Kentucky was found to have the worst economic environment, while Alaska, ranked 44th, had the worst job market in the ranking.
Job hunting is never easy. Between searching for employment openings, updating résumés, contacting references and preparing for interviews, it’s hard work. Luckily, the number of opportunities available is growing, with over 164,000 new jobs added in April 2018 alone and the unemployment rate at the lowest it’s been since 2000. WalletHub compared the 50 states across 29 key indicators of job-market strength, opportunity and a healthy economy. Our data set ranges from employment growth to median annual income to average commute time.
Advertisement
Related Stories
Market Data + Trends
Vacation and Investment Home Market Insights
A recent report finds beach homes to be the most sought-after vacation-home type and that the investment potential of a second home is an important factor in the purchasing decision
Affordability
How Much Income Do First-Time Buyers Need to Afford the Average Home?
The median-priced home is unaffordable in 44 of the 50 largest U.S. metro areas
Affordability
What Is the Relationship Between Urban vs. Suburban Development and Affordability?
A new paper from Harvard's Joint Center looks at whether expanding the supply of suburban housing could, in turn, help make dense urban areas more affordable
