These Utah towns have seen the fastest growth in well-paying jobs

SALT LAKE CITY (ABC4) – Throughout the COVID-19 pandemic, labor shortages have remained a topic of conversation, even in Utah. In response, many employers have attempted to attract workers by increasing wages, improving benefits, and even give away free iPhones. Meanwhile, many are working to create well-paying jobs in their communities, including Utah – and it shows.

A new report from Stessa, a service to help investors make decisions about their real estate portfolio, has found that high-paying tech jobs such as software developers and computer and information systems managers account for more than 1 , 9 million well-paying jobs. In 2020, nearly 8% of Americans have six-figure jobs, more than double the 3.8% in 2016 and 11 times more than 0.7% in 2000.

Among the most popular six-figure occupations are general and operational managers, software developers and lawyers, Stessa reports based on data from the United States Bureau of Labor Statistics. Most of these high paying jobs are found in coastal states like California, New York, Massachusetts, and Maryland. But from 2015 to 2020, six-figure jobs grew by more than 100% in many states in Mountain West and the upper Midwest.

Stessa shares the graphic below:

Courtesy of Stessa

Most of the small and medium-sized subways with the fastest growing high-paying jobs are scattered throughout the Mountain West and Midwest, such as Reno, Nevada; Madison, Wisconsin, Grand Forks, North Dakota and Wenatchee, Washington.

Among smaller subways, Stessa reports that St. George, Utah, has seen the second-largest growth in high-paying jobs. Reporting a 461.9% increase in six-figure jobs from 2015 to 2020, St. George was just short of Gettysburg, Pa., Which saw a 520% ​​increase over the same period. Logan ranked 126th, with a 48.7% growth in well-paying jobs.

In mid-size subways, the Ogden-Clearfield area ranked 23rd, with a 114.4% increase in six-figure jobs between 2015-2020. Provo-Orem came in 30th, with an almost 96% increase in well-paying jobs.

Comparing the major subways with the fastest growing high-paying jobs, Salt Lake City landed in 11th place, with a 122.3% increase in six-figure jobs between 2015 and 2020. In total, Stessa reports that Salt Lake City has 6.2% total employment in six-figure jobs. Aren’t you doing six figures in Salt Lake City? You’re not alone – the median annual salary across all occupations in Salt Lake City for 2020 was $ 42,280.

If you live in one of these communities and find it difficult to pay your bills even though you have a stable income, you may end up getting paid by the high cost of living in your area. An updated tool from the Massachusetts Institute of Technology shows if your income is sufficient to live comfortably in your area.


Source link

Comments are closed.