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Workforce Report

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businesseconomy2 years ago

"Top 10 Cities Attracting and Losing Workers"

LinkedIn's January 2024 Workforce Report revealed that US workers are flocking to cities in the South, particularly in Florida, due to factors such as weather, lifestyle, lack of income tax, and business opportunities. Sarasota and Tampa are among the top destinations, while College Station, Texas, and Urbana-Champaign, Illinois, are experiencing significant population losses. The South's economic growth outpacing the overall economy is driving this migration trend, with Florida's GDP growing nearly twice as much as the overall US. Job openings in the South are higher than in other regions, and hiring in cities like Nashville and Miami-Fort Lauderdale has been strong, with workers moving from places like Los Angeles, Chicago, and New York City.