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Best cities in America for young professionals

Best cities in America for young professionals

Posted by Liliana Castaño on August 21, 2014

The American economy has pumped out more than 200,000 jobs a month for six months running, as of the latest (July) numbers. Still, more than 2 million college-educated workers age 25 or older are unemployed, according to the U.S. Bureau of Labor Statistics. Workers age 25 to 34 face a 6.6% unemployment rate—the highest of any group other than the one encompassing new grads (ages 20-24).

1. Des Moines, Iowa

Des Moines, Iowa

MSA: Des Moines-West Des Moines, Iowa
Population: 599,789
Median Salary: $51,200
Unemployment rate: 4.5%
Population with bachelor's degree: 34%
Cost of living index: 94.0
Avg. Yearly Job Growth (2014-2016): 2.9%
Companies with 500+ employees: 1 for every 612 people
Companies with <500 employees: 1 for every 53.36 people

2. Raleigh, N.C.

Raleigh, N.C.

MSA: Raleigh, N.C.
Population: 1,214,516
Median Salary: $56,500
Unemployment rate: 5.1%
Population with bachelor's degree: 41.7%
Cost of living index: 102.7
Avg. Yearly Job Growth (2014-2016): 3.7%
Companies with 500+ employees: 1 for every 792 people
Companies with <500 employees: 1 for every 51.85 people

3. Omaha, Neb.

Omaha, Neb.

MSA: Omaha-Council Bluffs, Neb.-Iowa
Population: 895,151
Median Salary: $51,400
Unemployment rate: 4.1%
Population with bachelor's degree: 32.7%
Cost of living index: 93.5
Avg. Yearly Job Growth (2014-2016): 2.8%
Companies with 500+ employees: 1 for every 807 people
Companies with <500 employees: 1 for every 52 people

4. Salt Lake City, Utah

Salt Lake City, Utah

MSA: Salt Lake City, Utah
Population: 1,140,483
Median Salary: $54,200
Unemployment rate: 3.9%
Population with bachelor's degree: 30.9%
Cost of living index: 103.2
Avg. Yearly Job Growth (2014-2016): 2.7%
Companies with 500+ employees: 1 for every 763 people
Companies with <500 employees: 1 for every 44.51 people

5. Madison, Wisc.

Madison, Wisc.

MSA: Madison, Wisc.
Population: 627,431
Median Salary: $51,500
Unemployment rate: 4%
Population with bachelor's degree: 42.1%
Cost of living index: 103.8
Avg. Yearly Job Growth (2014-2016): 2.3%
Companies with 500+ employees: 1 for every 726 people
Companies with <500 employees: 1 for every 51.84 people

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