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10 Best Cities To Find A Job

Posted By Jim On 10/30/2006 @ 2:25 pm In Career,Personal Finance | 5 Comments

In my post of five cities where real estate is bubble proof [3], many of the cities were deemed bubble-proof because they had strong job growth. That particular article was penned by someone in Business 2.0, so when I read an article about the ten best cities to find a job written by the folks at Forbes (hosted by MSN), I wanted to see how the cities matched up.

Well, surprise, none of the top ten cities were on the list of bubble-proof housing markets:

  1. Washington D.C.
  2. Phoenix, AZ
  3. Las Vegas, NV
  4. Orlando, FL
  5. Bethesda, MD
  6. Richmond, VA
  7. Raleigh, NC
  8. Jacksonville, FL
  9. Oklahoma City, OK
  10. Virginia Beach, VA

In fact, Forbes discovered that New York City (5th Bubble Proof), San Francisco (1st Bubble Proof), Los Angeles (2nd Bubble Proof), and Chicago (not on the list) were at the very bottom of the list of best cities to find a job. Part of the reason for their low scoring had to deal with the data they used (the dot-com bust hurt) but it still doesn’t really add up with some of the “reasons” the other article used.

So… either the theory of “limited land” (which has had a couple of well-reasoned holes poked into it by critically thinking readers) is more significant that we thought or Business 2.0 just made things up. Thoughts?

Source: MSN [4].


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[3] real estate is bubble proof: http://www.bargaineering.com/articles/bubble-proof-housing-markets.html

[4] MSN: http://realestate.msn.com/Rentals/Articleforbes.aspx?cp-documentid=723446

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