Study ranks best recession rebounding cities

(WLNS)—It’s been six years since the Great Recession ended, and some cities are bouncing back better than others.

The Lone Star state is home to two of the best cities for recession recovery, according to a new report by Glassdoor. Midland, Texas took the top spot, with 30 percent more people employed and a 27 percent increase in the average hourly wage since the Great Recession’s end in 2009.

The other top recession rebounders included Odessa, Texas; the San Jose, California area; Greeley, Colorado; and Provo-Orem, Utah.

Monroe was the first Michigan city to make the list, at No. 17. The Grand Rapids-Wyoming area ranked 26th, followed by Ann Arbor (No. 77), Jackson (No. 82), the Lansing- East Lansing area (No. 128), Bay City (No. 140), Flint (No. 169), the Kalamazoo-Portage area (No. 191), the Niles-Benton Harbor area (No. 205), Muskegon (No. 248), Saginaw (No. 259) and Battle Creek (No. 264).

Six of the top ten metro areas to see the largest drop in their unemployment rate were in Michigan, including Monroe, Muskegon, Flint, Jackson, Grand Rapids-Wyoming and Niles-Benton Harbor.

However, a few Michigan cities fell to the bottom of the list when it came to the average increase in hourly wages. Battle Creek and Saginaw posted just a one percent increase since 2009, and the average hourly wage rose just two percent over the same time in the Grand Rapids-Wyoming area.

Ocean City, New Jersey was the least recovered city on the list, coming in at No. 327. It had the highest unemployment rate increase among all the metro areas, at 4.9 percent. Only eight cities on the list had higher unemployment rates now versus 2009.

 

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