Employers Flee Rich Coastal Cities for South, Sunbelt, As Workers Move [Video]

Americans are heading South — and so are their jobs.

A new analysis from the Economic Innovation Group finds that the cities that used to be employment superpowers no longer hold that title. Instead, “for the first time since the Great Recession, the richest metro areas are no longer creating the majority of new jobs in the U.S,” August Benzow, research lead at EIG and the author of the report, found.

While coastal powerhouses like San Francisco, New York, Los Angeles, Seattle, and Boston used to create new jobs at a much faster clip, Sunbelt metros like Gainesville, Georgia, and Hilton Head Island in South Carolina, are now leading in job creation.

Cities in the Midwest and inland cities in the Northeast, including Wenatchee, Washington, and Lansing, Michigan, are also seeing stable job growth rates, in part because of their relatively affordable home prices, the EIG analysis found.

The trend is just about a year old, but it’s …

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