While southern states — such as Florida — have seen explosive migration growth in recent years, the heat is on for cold states in terms of job opportunities and high wages .
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The new National Business Capital study — “ Top U.S. States For Job Growth 2024 ” — found that job opportunities in these states are not just plentiful, but also tend to come with higher wages which often exceed the cost of living.
Indeed, the study found unexpected job growth in states such as Minnesota and Alaska — which takes the No. 1 spot.
Brian Chevalier-Jordan, chief marketing officer for National Business Capital , deemed the findings “very much an eye-opener.”
“With all the talk about inflation and wages not keeping up, finding so many states where wages are actually growing faster than prices was a pleasant shock,” said Chevalier-Jordan. “Sure, national averages hint at real wage increases, but digging deeper into the data and seeing it play out in industries like education, healthcare and advanced manufacturing was really gratifying. It’s not every day you see job growth and higher wages walking hand-in-hand.