Monday, November 25, 2019
The cities gaining and losing the most workers right now
The cities gaining and losing the most workers right nowThe cities gaining and losing the most workers right nowWhere have all the workers gone? Denver, Austin, and Seattle apparently. According to the monthly LinkedIn Workforce Report for April which looks at hiring, skills gaps, and migration trends across the country, and insights into localized employment trends in 20 of the largest U.S. metro areas, workers are flocking to certain cities.The data was looked at through a state tax burden filter, but the report found that job opportunities and affordable housing were the main reasons people were migrating to certain cities.Cities that gained the most workers (population gain per 10,000 LinkedIn members in the brde 12 months)Lets take a look at the cities everyone is flocking to and the ones people are fleeing fast. LinkedIn defines migration as a member changing their profile on their account. It should also be noted that for Aprilhiring across the U.S. was 19.8% higher than in Ap ril 2017. And be sure to take a look at the 15 companies hiring for $100K on Ladders this month.1. Denver, COPopulation gain 72.72. Austin, TXPopulation gain 65.93. Seattle, WAPopulation gain 61.64. Las Vegas, NVPopulation gain 58.85. Nashville, TNPopulation gain 51.36. Charlotte, NCPopulation gain 50.37. Tampa-St.Petersburg, FLPopulation gain 49.98. Portland, ORPopulation gain 40.19. West Palm Beach, FLPopulation gain 39.410. Jacksonville, FLPopulation gain 33.1All of unterstellung cities have hot job markets with an emphasis in the tech space. Denver has actuallygained more workers in the last year than anywhere else and has the second lowest millennial unemployment rate in the country, according to theDenver Post. It seems that New Yorkers are flocking there in droves asDenver has the highest gross migration (gains + losses) withNew York City.For every 10,000 LinkedIn members in Denver, 29.76 workers either moved to or fromNew York Cityin the last year. It should also be noted th at all the cities listed above are beating out long-running champ San Francisco for attracting workers.Cities that lost the most workers (population loss per 10,000 LinkedIn members in the last 12 months)And who are the losers? The East coast is not faring well when it comes to retaining workers though, the Midwest didnt too much better.1. Hartford, CTPopulation loss -61.82. Providence, RIPopulation loss -49.53. Pittsburgh, PAPopulation loss -42.24. Chicago, ILPopulation loss -40.15. Norfolk, VAPopulation loss -36.06. St. Louis, MOPopulation loss -30.17. Oklahoma City, OKPopulation loss -29.58. Miami-Ft. Lauderdale, FLPopulation loss -27.59. Baltimore, MDPopulation loss -27.310. Cincinnati, OHPopulation loss -27.1Hartford took the top spot asConnecticuts personal income taxes are among the highest in the nation and corporate giants like Aetna moved its headquarters to Manhattan (GE also moved from Stamford to Boston.) A number of prominent hedge funds in the state also relocated to Florida.
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