Job Growth in These 12 States Exceeded the National Average

Job Growth in These 12 States Exceeded the National Average

Las Vegas has led the nation in job growth, with a 3.8% increase in total employment in 2023, according to research from RealPage and the Bureau of Labor Statistics (BLS). The city saw a net addition of 57,700 jobs, making it the top performer in the country.

The leisure and hospitality services sector saw the most growth, adding 16,000 jobs, followed by the professional and business services sector with 14,500 jobs. These additions were largely concentrated in the Las Vegas metro area.

Nevada’s job growth contributed to the overall economic expansion of the state, with 73% of total employment being in the Las Vegas metro area. This growth has solidified Las Vegas as a major hub for job creation and economic prosperity.

In addition to Nevada, 12 other states exceeded the national average growth rate of 2%. These states include Texas, California, Florida, Idaho, South Dakota, Wyoming, South Carolina, West Virginia, Kentucky, New Mexico, North Dakota, and Arizona, with dominance in the South and West regions of the country.

The historic context of this topic dates back to the economic recovery following the 2008 financial crisis, which saw a significant impact on employment and economic growth. The recent growth in job creation signals a strong recovery and continued economic momentum for the region.

The data also highlights specific cities within these states that have led the way in job growth, such as Boise City in Idaho and Sioux Falls in South Dakota. These cities have experienced significant increases in young adult populations and apartment inventory, contributing to their overall job growth.

Overall, the job market in the United States has shown positive growth, with only Mississippi seeing a decrease in 2023. The states that grew their job bases exactly in line with the national norm of 2% include Delaware, Georgia, and North Carolina. This data demonstrates a promising outlook for the nation’s economy and job market.

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