Sun Belt areas led by Dallas will reach full employment faster than cities such as New York, which suffered deeper job losses due to COVID-19, a new report showed.
Austin and Phoenix are also expected to make a faster economic recovery from the pandemic than other major U.S. cities, according to a labor-analytics report from software firm, ThinkWhy. Its LaborIQ ranking weighed such factors as working-age population growth, migration and education. Atlanta and Tampa round out the top five.
Those cities “will have some of the strongest population growth the next few years due to the health of their job markets,” said Jay Denton, chief innovation officer at Dallas-based ThinkWhy.
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