The COVID-19 pandemic has modified each side of our lives from the way in which we store to the way in which we work. But some of the devastating results of the pandemic, except for the well being impression, is the decline of the economic system.
Unemployment charges have risen to extremely excessive ranges, and there have been main monetary ramifications to companies because of extended closures and decreased financial exercise. But, is COVID’s impact on the economic system extra pronounced in some locations than in others?
After considering over this query, we had been curious to see which cities held probably the most alternative for workers. Using Glassdoor information, we had been capable of determine which cities had probably the most jobs out there, the best CEO approval scores, and the highest salaries regardless of COVID-19. If you’re questioning how your metropolis stacks up, try our insights beneath!
Cities with the fewest variety of jobs out there
With COVID-19 impacting the economic system in unprecedented methods, the unemployment price is at an all-time excessive. However, the unemployment impression of the pandemic is inconsistently unfold throughout the nation. Large cities, equivalent to New York City, Los Angeles, and Washington D.C., appear to be doing comparatively nicely, however medium and small cities have felt the load of the pandemic’s impression way more.
El Paso, Texas has the bottom variety of jobs out there with just below 6,500. With roughly 700,000 individuals dwelling there, there aren’t sufficient jobs left to make use of even 1% of the inhabitants. Following carefully are Wichita, KS, and Fresno, CA. Both cities have solely sufficient open jobs to make use of beneath 2% of their inhabitants. Overall, nevertheless, the highest 10 cities with the fewest variety of jobs out there can't make use of greater than three% of their populations.
Cities with the best approval of CEO’s
Supportive and inspiring higher administration is among the high causes individuals keep at a job and one in all their principal priorities once they search for a brand new one. Keeping that in thoughts, we regarded for the cities that reported the best price of satisfaction with their CEOs. Boston, MA topped the listing with over 93% of respondents saying they permitted of their CEO. In truth, no metropolis within the high 10 studies lower than 86% approval of their CEOs. The high 10 listing featured a mixture of massive and small cities from Los Angeles with a inhabitants of just about four million individuals, to Memphis, with simply over 650,000. These findings show that yow will discover supportive leaders wherever you go!
Cities with the best variety of jobs out there
New York, Los Angeles, and Washington D.C. have the biggest variety of jobs out there with over 86,000 every.
However, we additionally took into consideration the inhabitants of the highest 10 cities with the best variety of jobs. With the addition of the inhabitants information, Washington DC, Boston, and Seattle emerge because the cities with sufficient jobs for the best share of their individuals. These three cities have sufficient open jobs to make use of roughly 18%, 10%, and eight% of their populations, respectively.
Cities with the biggest high salaries
Salary is among the key elements in attracting high expertise, particularly if you’re on the lookout for executives to guide your organization. The cities with the biggest high salaries embrace a number of surprises. While massive cities, like New York, Boston, and Los Angeles, have a spot on the listing, the highest 10 additionally consists of many medium and small cities equivalent to Phoenix, Jacksonville, and Baltimore. The listing doesn’t embrace a high wage of lower than $550,000. However, the price of dwelling varies enormously amongst these cities, with New York being the most costly to Phoenix being the least (67.41% the price of New York).
The high 5 consists of two cities, Baltimore and Jacksonville, which don’t rank within the high 20 most costly cities however nonetheless pay the Third- and 4th-highest govt salaries, proving that you simply don’t at all times must stay in huge cities to make it to the highest (with the wage to match).
Want to understand how your metropolis stacks up? Check out the chart beneath!
The pandemic has modified all the pieces and created a totally new existence for us. Cities are reeling from the pandemic’s impression as nicely, and discovering a job has turn out to be extra sophisticated. But that doesn’t imply there aren’t nice alternatives on the market!
In the meantime, try our information, How to Stay in Touch with Your Customers, to see how one can enhance your on-line presence and attain extra career-oriented individuals