Where Illinois Ranks on the ‘Best States for Jobs’ List
With over 164,000 new jobs added nationally in April 2018 alone and the unemployment rate at the lowest it’s been since 2000 being celebrated, how does that translate to Illinois?
In two words: So-so. There's a reason Illinois leads the Midwest in "outbound migration," or what you might call "leaving."
Personal-finance site WalletHub did what they do so well--crunch the numbers in a state-by-state comparison called "2018’s Best & Worst States for Jobs." Here's what they looked at to make the determinations:
In order therefore to determine the most attractive states for employment, WalletHub compared the 50 states across 29 key indicators of job-market strength, opportunity and a healthy economy. Our data set ranges from employment growth to median annual income to average commute time.
First, let's take a look at 2018's top 5 best states for jobs:
1) Washington
2) Colorado
3) Minnesota
4) Utah
5) New Hampshire
Next, onto the 5 worst states for jobs:
46) Pennsylvania
47) Louisiana
48) Kentucky
49) Mississippi
50) West Virginia
Here in Illinois, we're ranked at #31. Right behind Georgia, and just in front of Hawaii. The numbers for some of our neighbors?
- Wisconsin is #16
- Indiana is #33
- Michigan is #34
- Missouri is #36
- Iowa is #26