LinkedIn publishes a monthly Workforce Report that focuses on hiring statistics, skills gaps, migration trends and insights into localized employment trends in 20 of the nation’s largest metro areas. LinkedIn adds into this data mix the main reasons people migrate from one location to another… state tax burdens, job opportunities and affordable housing.
LinkedIn indicates that hiring in April 2018 increased +19.8% compared to April 2017.
Cities with Highest Population Gains of LinkedIn Members Per 10,000 in April 2018
- Denver +72.7
- Austin +65.9
- Seattle +61.6
- Las Vegas +58.8
- Nashville +51.3
- Charlotte, NC +50.3
- Tampa/St. Pete +49.9
- Portland. OR +40.1
- W. Palm Beach +39.4
- Jacksonville, FL +31.1
Denver not only gained the most workers this past year, it also had the second lowest Millennial unemployment rate, according to the Denver Post. New Yorkers, specifically from NYC, had the highest gross migration (gains & losses) in regards to Denver
All cities listed above beat out San Francisco, the long running champ in terms of LI member population gains, for the first time.
Cities with Highest Population Losses of LinkedIn Members Per 10,000 in April 2018
- Hartford -61.8
- Providence, RI -49.5
- Pittsburgh -42.2
- Chicago -40.1
- Norfolk, VA -36.0
- St. Louis, MO -30.1
- Oklahoma City -29.5
- Miami/Ft. Laud. -27.5
- Baltimore -27.3
- Cincinnati -27.1
Reasons for Hartford’s losses? It ranks among the highest in personal income taxes. Additionally, Hartford has lost several corporate giants, GE and Aetna among them, as well as a number of prominent hedge funds to Manhattan, Boston and to Florida.
