Where Will Job Growth Be in the Next 20 Years?
Chris McConnell | ManagerLink
Unemployment may have dipped to 9.7 percent, but job growth is still lacking. Thankfully, this won’t be the case forever. Mint.com, my favorite personal finance website, takes a look at where job growth is expected over the next 20 years.
As expected, the largest job growth is in urban areas. Atlanta, GA is projected to have the most job growth at 2.5 million; Dallas, TX is close behind at 2.4 million new jobs. Washington, DC is ranked seventh with job growth at 1.7 million.
Due to size, more opportunities will be available in these urban areas, but Florida looks to be the place for total job growth in large areas and a high rate of growth in smaller cities. In urban areas, Miami and Orlando are expected to contribute 1.6 million and 1.2 million new jobs respectively. Mint.com lists three Florida cities in their top 10 for fastest growth: Palm Coast (4.51%), Naples (3.89%), and Cape Coral (3.39%).
As you know, the federal government is expected to hire 600,000 new employees by 2012. Many will be in Washington, D.C., but the majority of new federal jobs will be in the rest of the U.S.
Budgeting – Mint.com