Employment nationwide is expected to rise about 14 percent by 2020, according to Bureau of Labor Statistics. Some metro areas are expected to see bigger growths in the job market than others, which could prove well for growing their housing markets too.
The following metro areas are forecast to have the biggest job growth in the next decade, according to the Bureau of Labor Statistics:
1. Washington-Arlington-Alexandria, D.C.-Va.-Md.-W.Va.
2. Bethesda-Rockville-Frederick, Md.
3. Colorado Springs, Colo.
4. New York-White Plains-Wayne, N.Y.-N.J.
5. El Paso, Texas
6. Springfield, Mass.
7. Baton Rouge, La.
8. Tacoma, Wash.
Meanwhile, the metro areas expected to have the slowest job growth in the next decade are: Greensboro-High Point, N.C.; Gary, Ind.; and Los Angeles-Long Beach-Glendale, Calif.
Source: “Top 10 Metros for Job Growth Through 2020,” Inman News (Feb. 23, 2012)
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