Special Report

American Cities Adding the Most Jobs This Year

Oregon State Capitol, Salem
Source: Thinkstock

5. Salem, OR
> Employment change: 6.01%
> No. of jobs Oct. 2015: 179,402
> No. of jobs Oct. 2016: 190,190
> Unemployment rate Oct. 2016: 5.4%

No state has more metro areas on this list than Oregon. In Salem, the number of workers increased by 6% last year, more than in all but four other metro areas. The city’s mining, logging, and construction sector, as well as the professional and business services sector grew the most rapidly. Employment in each grew by 6.7% and 17.5%, respectively, well above the industries’ 1.1% and 2.7% corresponding growth rates nationwide.

Prescott, Arizona
Source: Wikimedia Commons

4. Prescott, AZ
> Employment change: 6.57%
> No. of jobs Oct. 2015: 92,552
> No. of jobs Oct. 2016: 98,637
> Unemployment rate Oct. 2016: 4.7%

The number of workers in Prescott, Arizona has spiked by 6.6% since October 2015. Job growth in hospitality, education and health services, and trade, transportation and utilities each was more than double the corresponding national growth rate. Employment in the area’s manufacturing sector also grew by 2.9%, even as manufacturing employment nationwide fell by half a percentage point. Prescott is home to major manufacturing plants of firearm maker Sturm Ruger & Co. and of aircraft parts company Cobham Aerospace Communications.

Ocean To Ocean Highway, Yuma, Arizona
Source: Thinkstock

3. Yuma, AZ
> Employment change: 6.81%
> No. of jobs Oct. 2015: 72,473
> No. of jobs Oct. 2016: 77,407
> Unemployment rate Oct. 2016: 18.4%

Yuma’s employment increased more than any metro area in Arizona and all but two other American metros. The city added nearly 5,000 new workers in the last year, a 6.8% increase. While Yuma’s growth was rapid, the city’s overall economic picture is bleak. More than 18% of Yuma’s labor force is unemployed, the second highest share of any metro area in the country.

Source: Wikimedia Commons

2. Cleveland, TN
> Employment change: 7.31%
> No. of jobs Oct. 2015: 53,770
> No. of jobs Oct. 2016: 57,700
> Unemployment rate Oct. 2016: 4.7%

Cleveland is one of five Tennessee metro areas on this list and one of only two metro areas in the country with more than 7% employment growth. Driving employment growth was the area’s professional and business services industry. Employment in the industry grew by 20.3% between October 2015 and October 2016, more than in any other U.S. metro. Major employers in the area include Whirlpool Corporation and Amazon.com.

Bend, Oregon
Source: Thinkstock

1. Bend-Redmond, OR
> Employment change: 7.63%
> No. of jobs Oct. 2015: 80,446
> No. of jobs Oct. 2016: 86,587
> Unemployment rate Oct. 2016: 5.2%

The Bend-Redmond metro area had the most rapid employment growth of any U.S. metro over the past year. The 7.6% employment growth was more than quadruple the nationwide job growth. A former saw mill town, wood products still make up a significant share of the area’s economy. Last year, employment in mining, logging, and construction went up by 10.3%, more than in any other industry in the area. Strong growth in a number of other industries, including leisure and hospitality as well as professional and business services were enough to offset a 4.3% decline in the area’s finance industry.

Sponsored: Find a Qualified Financial Advisor

Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.