http://hotjobs.yahoo.com/salary-articles-10_great_cities_for_salary_growth-27by
Siri Anderson, PayScale.comMore from PayScale.com
... the job market in 2009 ...
It might just come down to where you live.
...
So, how do you know which city might offer you a salary boost ? According to Laurence Shatkin, author of the recently published "150 Recession-Proof Jobs," there is
a pattern to discover in the places that do well in a recession. Industries such as basic
health care,
education,
transportation services and
government jobsstay strong in a recession because they cater to more basic societal needs. These industries will
frequently concentrate in the same areas -- quite often state capitals -- maintaining job growth and wage increases, while other areas suffer more.
Below are some profiles of the top-performing large cities of 2008 and their 2007 statistics on personal income growth, according to the Bureau of Economic Research. Looking at these numbers and how "recession-proof" their main industries are will hopefully give an idea how well they'll continue to perform into 2009.
...
McAllen-Edinburg-Mission, TX - pop. 197, 183 - 7.1% avg. salary increase
Call centers established by Convergys and T-Mobile in this area have created a healthy chunk of jobs recently. The area has also strengthened its home healthcare industry, which is now the second largest employment sector after state and local government. Drawing off these "recession-proof" industries gives hope that wages will continue to grow.
...
Provo-Orem, UT - pop. 210,670 - 9.7% avg. salary increase
Benefiting from the innovative brain-power of
Brigham-Young University, the information service industry in this city has been fueling rapid growth over the last five years. Business investment in the tech sector remains strong, which should help Provo-Orem ride out the ,slowdown in good form.
...
Sources:* Best Performing Cities 2008 (Milken Institute and Greenstreet Partners, September 2008);* Personal Income for Metropolitan Areas 2007 (Bureau of Economic Analysis, U.S. Department of Commerce, August 2008);* "150 Best Recession-Proof Jobs" (Laurence Shatkin, Ph.D.)...
