Struggle no more, Find a Fresh Start!
Looking to start over? Find a new job? A new house? Here are U.S. markets where jobs are available and real estate is affordable.
Thousands of Americans across the U.S. are wondering if they would be better off somewhere else. The question is where?
As unemployment and foreclosures continue to rise, stocks keep fluctuating, and cash-strapped state and city governments move to increase taxes and trim services, many people are finding that careers and communities they once believed secure are no longer dependable. Either they have lost jobs, are in fear of losing a job, are stuck paying more mortgage than their homes are currently worth, or have seen their family's quality of life evaporate. For those troubled Americans who are willing to relocate, the U.S. can still be a land of opportunity.
No state is totally buffered from the downturn, but several have gotten a boost from energy, military, and agricultural sectors. The healthiest states include Alaska, Nebraska, North Dakota, Oklahoma, South Dakota, Texas, and Wyoming. In the Washington area, federal government and defense jobs have given the economy a boost. And Iowa, which has seen its economy somewhat deteriorate, has also benefited from agricultural and alternative-energy jobs.
Fargo, N.D.: jobs, safety, schools
Moving isn't an option for many Americans tied down by family responsibilities and houses they can't sell. Others are reluctant to leave relatives, friends, churches, and school districts to make a fresh start in an unfamiliar place.
For job-seekers with some flexibility, relocation can open up opportunities, said Ernie Goss, professor of economics at Creighton University in Omaha. Some of the best job markets, such as Omaha and Fargo, N.D., are also places with low crime, decent schools, and a low cost of living, Goss said.
"If people are looking for a job and they're in Detroit, they're in the wrong place," Goss said. "They need to be considering geographic mobility."
BusinessWeek.com, working with survey results from Milwaukee staffing firm Manpower, came up with the best places to start over. These are areas where the greatest proportion of employers said they planned to hire in the next quarter, based on a survey of 28,348 U.S. employers that Manpower conducted in April.
Urban Alaska Needs Qualified Workers
Anchorage, Alaska—where 28% of employers said they planned to do some hiring in the third quarter—topped the list, which also included such metropolitan areas as Provo-Orem, Utah; Omaha; Washington; and Amarillo, Tex. (The resort town of Barnstable, Mass., on Cape Cod topped Manpower's survey with 32% of employers saying they planned to hire in the next quarter, but BusinessWeek did not include it in the ranking because of the likelihood that many of those hires will be temporary seasonal workers.)
Alaska's unemployment rate, which fell to 8% in April, might not suggest that the state has a great job market. But the state's urban employers are hungry for educated, skilled workers. Alaska's tourism industry has been hit but its military bases, hospitals, and oil industry have stayed strong.
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