It is a winning combination for a region: A great place to live with one of the hottest job markets in the United States.
That’s Central New York.
Syracuse hit the Wall Street Journal’s annual list of hottest job markets and it was ranked in the U.S. News & World Report’s as a top place to live.
U.S. News & World reviewed 125 metro areas in the county to find the best places to live based on quality of life, job market, desirability and the value of living there. Syracuse ranked #54 in a list of 125 cities.
Their summary of the area says:
… Syracuse is more affordable than other major U.S. metro areas, making it a popular place to live for families and retirees. Young professionals also enjoy the region, both for its prices and because there’s plenty to do.
…Convenience is a major perk of life in Syracuse…When you’d like to get away for the weekend, an easy drive gets you to the Saratoga Race Course in Saratoga Springs, New York. Four hours or so will have you in New York City, and three hours will get you to a Buffalo Bills game.
Syracuse is also situated in prime wine-drinking territory; a short trip to the Finger Lakes region allows you to sip your way through the area’s best wineries.
In February Syracuse also hit the Wall Street Journal’s list of hottest job markets, ranking 172nd place out of 328 cities with fewer than 1 Million people, according to the study published in February, https://www.wsj.com/articles/austin-nashville-rank-at-top-of-hottest-u-s-job-markets-11582545600
Numbers for Syracuse are:
- Unemployment rate: 4.1%
- Job growth 1.7%
- Labor force growth 1.2%
- Wage growth 2.6%
- Labor force participation 59.3%