Like the process of desertification, which can be caused as water ceases to flow to sub-humid areas once vibrant and overflowing with growth, many contended at the outset of the financial crisis that the liquidity which once fed global economic growth evaporated (admittedly, however, focus has shifted from the specter of liquidity to the solvency of financial institutions). The economic landscape, once lush vegetation like a sprawling oasis, has looked baron as the jobless rate has lingered around 10% and credit has yet to completely unfreeze. And despite impromptu irrigative measures, the global economy, which spent years yielding economic fruit from which so many prospered, has yet to completely rebound. This fact, however, has not kept commentators, financial planners, and economists—all of whom are constantly attempting to salvage both their hope and optimism—from looking at our economic future. Yet, growth, even if not nation-wide, is indeed taking place.
Recently, Mint, a free online service which helps people manage their money, produced a study, titled Where the Jobs Will Be, looking at which cities in the U.S. will have the most job creation over the next 20 years. Here are the top five:
- Ranking first, Atlanta’s workforce is projected to expand by 2.5 million by 2030.
- Dallas came in second, with a projected addition of 2.4 million workers by 2030.
- Next is Phoenix, which is expected to pack on another 2 million workers over the next two decades.
- Los Angeles placed fourth, adding 1.9 million workers over the next 20 years.
- And in fifth is Houston, which is set to increase its workforce by 1.8 million over by 2030.