Report ranks best, worst states for finding jobs
Washington also ranked highest for its economic environment
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WalletHub on Wednesday put out a report ranking how the 50 states stack up to find jobs.
The personal finance website’s 2022 "Best & Worst States for Jobs" report named Washington as the best overall to find a job. Meanwhile, West Virginia came in 50th place in the overall ranking.
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A man wearing a mask walks below a "now hiring" sign at a CVS Pharmacy in San Francisco, May 7, 2020. (AP Photo/Jeff Chiu, File)
WalletHub calculated the overall rankings for the states by comparing them on two categories, job market and economic environment. Under those two categories, there were a total of 35 weighted metrics like job opportunities, employment growth, job satisfaction, median annual income, monthly average starting salary and average commute time.
According to WalletHub's overall rankings, the 10 best states to find jobs are the following:
- Washington
- Vermont
- New Hampshire
- Colorado
- Minnesota
- Rhode Island
- Massachusetts
- Virginia
- Connecticut
- New Jersey
In addition to receiving the highest score in WalletHub’s overall ranking, Washington placed No. 1 for the "economic environment" category. It also got high marks for its job opportunities and monthly average starting salaries, according to the report.
A businessman looks at job search website. (iStock / iStock)
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Meanwhile, here are the 10 worst states for job-finding:
- West Virginia
- Kentucky
- Mississippi
- Louisiana
- Arkansas
- Oklahoma
- Pennsylvania
- South Carolina
- Alabama
- Ohio
West Virginia, deemed the worst state overall to find a job in 2022, also ranked 50th for the job market category and the median annual income metric, according to WalletHub.
A "now hiring" sign is posted in Garnet Valley, Pennsylvania, on May 10, 2021. (AP Photo/Matt Rourke/File / AP Newsroom)
WalletHub’s report came amid releases of data concerning the U.S. job market, which has been tight but has recently shown some indications of cooling, as FOX Business previously reported.
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The ADP National Employment Report on Wednesday found that private U.S. companies added only 127,000 jobs in November. Job openings in the U.S. also went from 10.7 million in September to 10.3 million in October, the Labor Department said Tuesday.
The Labor Department is slated to release its latest jobs report Friday.
Megan Henney contributed to this report.