Salt Lake City and Florida Dominate Top Positions in Job Market Ranking for 2023
Thursday, 11 April 2024, 15:13
Salt Lake City, Florida cities have hottest jobs market: Analysis
Hottest Job Markets by Ranking
Salt Lake City, Utah, topped the list of cities with the hottest job markets in 2023, followed by four Florida cities: Jacksonville, Orlando, Tampa, and Miami.
The rankings, conducting using Moody’s Analytics analysis of Labor Department data, assessed the job markets by looking at five factors: unemployment rates, labor-force participation rates, changes to employment levels, size of labor forces and wages.
Benefits of Top Job Markets
- Salt Lake City Diverse Economy: The city provides a diverse economy, offering employment options even during economic downturns.
- Florida's Appeal to Remote Workers: Florida attracts remote workers due to affordable living and lack of state income tax.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.