Finding a job and a place to live go hand in hand. Now, given the current state of the job market and the cost of living, you should consider where you want to live when thinking about what to do for work.
According to the US Bureau of Labor Statistics, out of 49 cities with populations of one million or more, nearly all posted increases in unemployment.
Dean Baker, Co-Director of the Center for Economic Policy and Research, concludes, “The economy has stopped creating jobs since September of 2007.”
As a result, the national unemployment rate is at its highest in years, 5.5% for June.
Cities with poor housing or retail markets, or slow construction activity, are seeing hikes in unemployment.
Providence, Rhode Island, showed the largest increase in its unemployment rate. The state posted a 2.4% jump, from 4.9% in June of last year to 7.3% for June 2008.
Riverside, California, and Memphis, Tennessee, saw unemployment increase over 2% for the month, with rates of 8% and 7%, respectively.
So where were the good cities?
Cincinnati, Milwaukee, and Oklahoma City all posted decreases in unemployment, thanks to strong healthcare and technology sectors.
For more information on healthcare jobs in your area,
click here.