Maryland Ranks 6th Best State for Job Opportunities in 2023, According to WalletHub Report

By FOX45
Posted on 11/29/23 | News Source: FOX45

Baltimore, MD - Nov. 29, 2023  - Maryland ranks as the 6th best state for job opportunities in 2023, according to a report by WalletHub. The top five states for jobs this year are Washington, Virginia, Utah, Vermont, and Florida. Washington takes the top spot, attributed to factors such as no state income tax, high wages, and strong employment protections. The U.S. job market, in general, is robust, with a low unemployment rate of 3.9% and a high labor force participation rate, indicating a strong recovery from the pandemic's impact. WalletHub evaluated states based on 34 key indicators, including employment growth, median annual income, and average commute time, to determine their job-market strength and economic vitality