CHICAGO – February 5, 2015 – CareerBuilder and Economic Modeling Specialists Intl. (EMSI) announced today the launch of the Labor Market 150 Index – a ranking of the labor markets in the 150 largest U.S. metropolitan areas. The quarterly index is comprised of several historical and leading indicators that measure the overall dynamism of metropolitan job markets. Employment levels, unemployment rates, growth projections, job listings, and the abundance of high-paying new jobs are all important factors in the ranking.
Touting low unemployment, fast, high-quality job growth, and a booming tech sector, Provo-Orem, Utah, is ranked No. 1 in the first iteration of the index.
“The Labor Market 150 Index offers a balanced, holistic view of the current state of U.S. labor markets,” said Matt Ferguson, CEO of CareerBuilder. “We know the economy is improving nationwide, but the index helps identify regions and cities driving the recovery, as well as those struggling to rebound. Metros with low unemployment and growth in good-paying occupations are ranked high, as well as metros projected to grow through the end of the decade and currently seeing new job openings on the rise.”
SEE WHERE CITIES IN YOUR REGION RANK AT THE LABOR MARKET 150 INDEX HOME PAGE
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