[/caption]For the graduates that are coming out of college this summer, the job market hunt is daunting.
But all is not lost, because according to Forbes Magazine, there are three cities - Washington D.C; Houston, Texas; and Minneapolis, Minnesota - where there are jobs to be had.
Forbes fourth annual list of best cities for young professionals says that that these three cities provide the best prospects for affordability, good jobs, better than average salaries and the best chance for upward mobility.
Houston was top among the three for the best prospects; with the 'black gold' money and business friendly environs, the lone star state city attracts graduating professionals not only from Rice, but from the top colleges.
Houston also can boast that it has high average salaries, as well as having only a 7% unemployment rate…way below that of the national average.
In Washington D.C., the government is on a hiring spree, and many grads are taking advantage of the job prospects. D.C also ranked second, according to Forbes, among the cities with low unemployment.
Another positive aspect of choosing DC is the fact that it is the seat of power and networking in this land of influence, and power bodes well for potential graduates.
The one pronounced negative in living and working in D.C. is the cost of living, but the hefty salaries, even for government jobs, offset the cost of housing.
Minneapolis offers the best prospects for jobs for the newly minted graduates; it has a cost of living below the national average and like Houston, it too provides business friendly environs. These businesses located in Minneapolis include Travelers, US Bancorp, and Medtronic.
The obvious negative for the mid-western Twin Cities is the cold weather, but I supposed the job security, good salaries, and affordable housing go along way to combat the often inclement weather in Minneapolis.
Forbes mentioned Atlanta, Georgia, which is among the fastest growing city for professionals, especially for African Americans.
The Forbes list surprised me when New York City did not play a more prominent role for the new professionals. It must be a result of the doldrums currently plaguing Wall Street
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