Newark named one of worst big cities to find a job

By Jessica Mazzola | NJ Advance Media for NJ.com
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on January 07, 2015

WalletHub has ranked Newark one of the worst cities around the country for jobseekers.

 

NEWARK — The state’s largest city is one of the worst places in the country to find a job, according to a new list that ranks 150 of the most populated cities across the U.S. in terms of how easy it is for residents to find a job.

Newark ranked tenth on the 2015 “Worst cities to find a job” list released this week by WalletHub, a finance website creates nationwide rankings. According to the site, the jobs list was based on 16 metrics evaluated in each of the cities, including unemployment rates, the estimated number of job opportunities, median starting salaries, and the variety of industries in each.

Newark ranked toward the top of the cities with the highest rates of unemployment amongst high school and college graduates, and reported the lowest median annual income of all of the cities surveyed, the report said.

The city has earned many not-so-flattering distinctions from the ranking website. Last year, Newark topped WalletHub’s lists of cities with the highest percentage of the population in need, the unhappiest cities, and the worst big city to start a business in, among many others.

A spokesperson for the site did not immediately respond to a request for comment on why the city has appeared on so many of its unflattering lists.

But, WalletHub is not the first to raise concerns about employment opportunities in Newark. A study released by Together North Jersey last October concluded that most Newark residents face “severe challenges” accessing jobs that pay living wages. Experts have identified the 10.2 percent unemployment rate as one of the major issues facing Mayor Ras Baraka heading into 2015.

San Bernadino, Calif. Topped the WalletHub list of the worst cities to find a job in. Seattle, Wash. was named the best. See the full list here.

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