It’s a new year, which, for many, is also a time to renew one’s goals. Some will resolve to make small changes while others might consider overhauling their lives. But among the most popular New Year’s resolutions. finding a job or getting a better one consistently makes the list.
For those in search of employment opportunities, 2015 seems a good time to be on the job market, depending, of course, on where one lives. According to the National Association for Business Economics. nonfarm employment will grow by nearly 220,000 jobs per month while unemployment will fall to 5.4 percent by the fourth quarter.
In terms of job prospects and earning potential, college
grads will have the upper hand. The National Association of Colleges and Employers reported that nearly 80 percent of recruiters expect to hire graduates with bachelor’s degrees in 2015, compared with only 2.9 percent for those with an associate degree and 14.2 percent with a master’s though these numbers are relatively unchanged from the previous year. In addition, a record two-thirds plan to raise starting salaries by an average of 3.7 percent for Class of 2015 graduates with bachelor’s degrees.
In order to assess the relative strength of local job markets, WalletHub analyzed 150 of the most populated U.S. cities across 16 key metrics. They range from job opportunities to employment growth.