Sunday November 8, 2009 12:37 PM ET
SmartMoney
Published September 16, 2008  |  A A A
Deal of the Day by AnnaMaria Andriotis (Author Archive)

Five Best Cities for Job Hunting

While New Yorkers continue to feel the pressure of the financial sector's fallout, other cities are faring far better.

According to the latest Best-Performing Cities survey from economic think tank the Milken Institute, metro areas like Provo-Orem, Utah, and Raleigh-Cary, N.C., are actually bucking national unemployment trends by offering opportunities in growing sectors like technology and health care. (The survey tracks data on job creation, wage increases and the amount of the region's GDP that stems from technology products and services created between 2002 and 2007, the most recent data available. The survey also takes into account the Bureau of Labor Statistics employment data from March 2007 to March 2008.)

Besides playing host to growing industries, another defining feature of the cities that topped the Milken Institute's list was that these locales were relatively unaffected by the housing meltdown, says Ross DeVol, director of regional economics at the Milken Institute. In fact, cities in California and Florida that traditionally make the list fell off this year due to the impact of the subprime mess on housing and construction labor markets.

So where should job seekers go to find work? View our slideshow to find out which metro areas the Milken Institute says are ripe for hiring:

Where should job seekers go to find work? View our slideshow to find out which metro areas the Milken Institute says are ripe for hiring:Provo
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Next: Provo-Orem, UT
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