Experts say that the first quarter is the best time to look for a new job, and a new ranking shows the 10 states with the best labor markets in the nation.
Career research platform Zippia's surveyed thousands of workers and analyzed BLS and Census data to find the states that best balance low unemployment, low cost of living, and steady wage increases. Chris Kolmar, Co-Founder of Zippia, tells CNBC, "The most recent data shows that states like Iowa and Minnesota have great opportunities for employment, especially relative to the lower costs of living in those areas."
With unemployment at just 4 percent, 2019 is shaping up to be a good year for workers. Since wages are just beginning to budge, one of the only ways for many workers to earn a raise is to get a new job — and experts say the first quarter of the year is the best time to do it. Both Mark Hamrick, senior economic analyst at Bankrate.com and Andrew Chamberlain, chief economist at Glassdoor tell CNBC Make It that the first quarter is the best time to look for a new job because hiring managers have new budgets to work with.
Advertisement
Related Stories
Economics
Shelter Costs Drive Inflation Higher Than Expected in January
January Consumer Price Index data show inflation increased more than anticipated as shelter costs continue to rise despite Federal Reserve policy tightening
Economics
Weighing the Effects of the Fed's and Treasury's Latest Announcements
The upshot of the Jan. 31 announcements is that while mortgage rates will stay higher for longer, they're likely to hold steady
Economics
NAHB CEO Tobin Says 'Housing Renaissance' on the Horizon
Responding to positive housing-related data such as falling mortgage rates and increased homebuyer activity, NAHB's CEO Jim Tobin is optimistic