New Haven Ranks as Best Connecticut City for Jobs
/The Best Cities for Jobs in America? They’re generally not in Connecticut, according to a new national analysis, but a number of the states' leading metropolitan areas are moving up the list compared with their counterparts across the country. The New Haven, Bridgeport-Stamford-Norwalk, and Norwich-New London metropolitan areas all edged up the list compared with their rankings a year ago. Danbury dropped slightly. Hartford-East Hartford-West Hartford’s ranking was virtually unchanged.
The rankings of the nation’s cities was developed by the website newgeography, and published this week.
Among 92 Medium Si
zed Cities that were ranked, New Haven ranked #42 (up from #65 last year) and Bridgeport-Norwalk-Stamford
ranked at #58 (up from #85 last year) and saw the 10th largest advance among the medium sized cities.
Danbury ranked #122 (down from #111 last year) and Norwich-New London at #231 (up from #233 last year) among 240 Small Sized Cities that were analyzed.
In the rankings of the nation’s Large Sized Cities, the Hartford-West Hartford-East Hartford region ranked #48, nearly identical to last year’s ranking of #47. The top rated cities included San Jose, San Francisco, Austin, Raleigh, Houston, Nashville, New York City, Orlando, Dallas and Denver.
This year's rankings use five measures of growth to rank all 398 metro areas for which full data sets were available from the past 10 years.
- "Large" areas include those with a current nonfarm employment base of at least 450,000 jobs.
- "Midsize" areas range from 150,000 to 450,000 jobs.
- "Small" areas have as many as 150,000 jobs. This year’s rankings reflect the current size of each MSAs employment.
Among all 398 cities, New Haven and Danbury were the highest ranked from Connecticut, at #207 and #208 respectively. New Haven jumped 50 places in the overall ranking compared with last year; Danbury dropped 11 slots from a year ago.
The top-ranked city overall was Bismarck, North Dakota, which ranked first out of the 398 metro areas considered in the annual roundup of The Best Cities For Jobs. A metro area of 120,000 located in the country’s fastest-growing state and near the vast Bakken oil fields, the number of jobs in Bismarck is up 3 percent over the last year and 32.4 percent since 2002. Only one MSA—Modesto, CA—changed size categories moving from “Small” to “Midsized.”
The methodology for the 2014 rankings, according to newgeography, largely corresponds to that used in previous years, which emphasizes the robustness of a region's growth both recently and over time, with a minor addition to mitigate the volatility that the Great Recession has introduced into the time series. The rankings use five measures of growth to rank all 398 metro areas for which full data sets were available from the past 10 years.
The goal of the rankings methodology, according to the publication, is to capture a snapshot of the present and prospective employment outlook in each MSA and allow the reader to have a better sense of employment climate in each.
Included are all of the metropolitan statistical areas (MSAs) for which the Bureau of Labor Statistics reports monthly employment data. They are derived from three-month rolling averages of U.S. Bureau of Labor Statistics "state and area" unadjusted employment data reported from November 2002 to January 2014.
