Tuesday, September 20, 2016
Tucson Metro Ranks #3 for Fastest Job Growth!
A recent Bloomberg report conducted by economist Jed Kolko has been released stating Tucson Metro Area is in such a position that it is among the hottest cities for job growth! This report compared metro areas with 500,000 people or more, such as Seattle-Tacoma-Bellevue, Boise City, Toledo and Austin-Round Rock.
Tucson is ranked #3 on the list behind Ogden-Clearfield, Utah (4.6%) and Provo-Orem, Utah (4.6%) at 4.2%; Cape Coral-Fort Meyers, Florida is #10 at 3.7%. Some believe better job security in the southwest is fostering the demand for real estate, giving notion to a possible spike in the home-building market!
As for the metro areas with the slowest job growth, it seems the cities with larger oil industries are more distinguished, including the two Oklahoma cities Tulsa and Oklahoma City. This makes the cities’ struggle with low oil prices apparent on an economic level.
Want to read the full article? Click Here: http://www.bloomberg.com/news/articles/2016-08-19/these-are-the-cities-with-the-fastest-and-slowest-job-growth-in-america
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