North Dakota
What are the best states for job seekers? South Dakota ranks near the top, WalletHub says
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With its low unemployment rate and ample job opportunities, South Dakota is one of the best states in the country to find a job, according to a new report from WalletHub.
To determine the best states to find a job, the personal finance website looked at a range of different metrics in two broad categories: the job market and economic environment. It gave more weight to the former, though, with particular consideration for the factors that influence job seekers to relocate for employment.
“Living in one of the best states for jobs can provide stable conditions for the long-term, helping you ride out the fluctuations that the economy will experience in the future,” said Chip Lupo, a WalletHub analyst. “The best states for jobs make it easier for residents to find and retain jobs, and employers in these states also offer very competitive compensation and benefits.”
Here’s what sets South Dakota apart from other states.
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What makes South Dakota one of the best states to find a job, according to WalletHub?
In August, South Dakota’s unemployment rate was 1.9%, the lowest in the country, according to the Bureau of Labor Statistics. That same month, North Dakota’s unemployment rate was 2.5%, tied for second-lowest with Vermont.
South Dakota is the state where workers spend the least amount of time commuting, WalletHub’s report says, and it also ranks fourth-highest for job opportunities.
What are the best states to find a job, according to WalletHub?
These are the 10 best states to find a job, according to WalletHub.
- Massachusetts
- Connecticut
- Minnesota
- Vermont
- New Hampshire
- South Dakota
- Texas
- North Dakota
- Maine
- Rhode Island