Anyone searching for Dallas jobs (Click here
) should be happy about the city's placement on a new list from Forbes
The company recently ranked Dallas first on its list of the Best U.S. Cities to Earn a Living. In order to determine what cities would be included on the list, Forbes considered salary, cost of living, strength of industry and economists' predictions for the future state of employment
among the 40 largest metropolitan statistical areas.Dallas
is home to seven 400 best big companies and eight 200 best small companies. The city has a median income of $27,841 and an ACCRA Cost of Living Index
of 92.3. In addition, Dallas is expected to see an annual growth rate of 1.8 percent during the next five years.
The top 10 best cities to earn a living include:
- Dallas, Texas
- Houston, Texas
- Minneapolis, Minn.
- Austin, Texas
- Washington, D.C.
- St. Louis, Mo.
- Seattle, Wash.
- Atlanta, Ga.
- Kansas City, Mo.
- Denver Colo.
Median income data came from the U.S. Census Bureau
; consumer expenditure data came from the Council for Community and Economic Research
; job growth forecast data for 2008 to 2013 came from Moody's Economy.com
. The number of Forbes' 400 best big companies and 200 best small companies in each area also were taken into consideration.
As of late, unfortunately, the Dallas area has continued to lose jobs as the city's unemployment rate increases.
During September, the Dallas-Plano-Irving area saw its unemployment rate increase from 8.2 percent to 8.3 percent, following a decrease to 8.2 percent during August. However, the current rate is still lower than the national unemployment rate at the time of 9.8 percent.
The area had a total non-farm employment of 2,057,400 workers during September, according to the U.S. Department of Labor Bureau of Labor Statistics
. This is down from 2,061,100 workers during August and a 2.6 percent decrease from last year.
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