
Although the U.S. regularly reports nationwide job statistics, the truth is that job markets, much like housing markets, are very regional in nature. Whether or not there are jobs being created in downtown Manhattan might have little-to-no bearing on the hiring status in Phoenix, for example.
It’s also important to consider the job market in a particular city in relation to the cost of living there. Whereas a job with a $100,000 salary could give you a high standard of living in Biloxi, Mississippi, it might not get you to first base on the Upper East Side of New York City. All of these factors should be considered when evaluating job markets in various cities.