Portland improves job rankings

Help WantedNormally, I wouldn’t jump up and down about being NUMBER 60!

But, according to Forbes.com, the Portland area is improving its national job ranking among the country’s top 100 major metro areas. Coming in at No. 83 last year, the Portland-metro area rates as the 60th-best this year. (By the way, Seattle ranked No. 34.)

As I answer questions about the state of the real estate market in Portland, I typically add some comments about the local job market. We’ve lagged behind the national averages for several years, but things have been improving slowly since the dot-com meltdown in 2000-2001. The Forbes article confirms some of the positive news we’ve been hearing.

Forbes annually ranks the top 100 metropolitan areas with five criteria: unemployment rate, job growth, income growth, median household income and cost of living.

Portland fared poorly in the unemployment index (88th), but ranked No. 27 nationwide in job growth.

The top three cities were Raleigh-Cary, N.C.; Phoenix-Mesa-Scottsdale, Ariz.; and Jacksonville, Fla. The worst city was Detroit-Livonia-Dearborn, Mich. Here’s the article and the tabular breakdown.
[tags] jobs, employment, real estate, growth, Forbes [/tags]

Photo by BrianU. Used under Creative Commons license.

February 20, 2007 · Filed Under National News, Relocation

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