Tuesday, March 1, 2011

Worst Cities for Finding a Job in 2011

If you've exhausted all other options, relocating can be a smart move for improving your job prospects--but be sure to check where people are hiring, and in what industries before you pack your bags and go.

The scrumptious Cajun cuisine and sweet jazz of New Orleans may make that city seem the perfect place for a fresh start--but the Big Easy is right now the toughest city in the U.S. for finding employment, according to the online job aggregator Indeed.com.

"New Orleans never fully recovered from the Katrina disaster, and tourism hasn't bounced back," says Paul Forster, Indeed.com's chief executive officer and cofounder. "But I think we'll see some improvement over the next year."

Indeed.com compiled a list of America's easiest and hardest cities for finding a job using data collected from the U.S. Bureau of Labor Statistics. The ranking was determined by calculating the number of job postings per thousand people in each major U.S. metropolitan area. The data covers job listings in the fourth quarter of 2010 with salary estimates of $50,000 or more.

The picture this offers does not reflect a precise number of available jobs. An opening can be listed in more than one place and can remain online for a time after it's filled. Nevertheless, the numbers do present a strong, broad gauge of which cities are the easiest and hardest for finding a job.

Historically, the easiest cities for finding a job thrive on industries that benefit from shifts in the economy or trends, says Forster. And the hardest cities rely on industries that suffer most during economic downturns. The rankings of the easiest and hardest cities for finding jobs confirm his view.

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