In the market for a new job? Nashville could be just the place to look. A new report from The Wall Street Journal ranks Music City as the No. 1 hottest job market in the US across large metros.
Breaking down the rankings
The report, which analyzed 56 cities with at least one million residents, calls attention to Nashville’s entertainment and tourism industries. The Wall Street Journal + Moody’s Analytics ranked metro areas across five factors:
- Unemployment rate
- Labor-force participation rate (adults employed or seeking employment)
- Changes to employment levels
- Change in average weekly wages
- Size of the labor force
Nashville is in the company of other Sun Belt cities — Austin (No. 2), Jacksonsonville (No. 3), and Dallas (No. 4), to name a few. Other metros rounding out the top 10 include Raleigh, Atlanta, Orlando, Charlotte, Salt Lake City, and Miami.
Job growth and top industries
In terms of job growth from January 2022 to January 2023, the Nashville area ranks sixth among large metros, according to the Nashville Area Chamber of Commerce.
The report, compiled using data from the Bureau of Labor Statistics, highlights growth across all sectors with the Leisure & Hospitality, Information, and Wholesale Trade industries showing double-digit growth.
