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Submission: On May 15 via manual from US — Scanned from GB
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News Back Local NYC News New York State News National News Politics Crime & Public Safety Entertainment Unusual Science Sports Seen on TV FOX News Sunday Newsletters Watch Live Weather Back Forecast Closings Weather Alerts Traffic Travel News FOX 5 NY Weather App FOX Weather Good Day New York Back Good Day Cafe Good Day Street Talk Health Things to Do Watch Live About Us Back How To Stream Meet The Team FOX 5 TV Schedule FOX Shows Get Our Apps Job Opportunities Public Affairs Contact Us Contests FCC Public File FCC Applications It's 10 p.m. Money Back Consumer Recalls Business The Economy Personal Finance Real Estate Only on FOX 5 Back Street Soldiers The Tape Room Lew's View FOX 5 Flashback SkyFOX Videos Brand Spotlight Regional News Back New Jersey News - My9NJ Philadelphia News - FOX 29 Philadelphia Washington DC News - FOX 5 DC Close the sidebar Close the sidebar Fox ☰ NYC RANKED WORST CITY FOR COLLEGE GRADS STARTING A CAREER By Michael Stallone Published May 15, 2024 8:34am EDT FOX 5 NY Loading Video… This browser does not support the Video element. STUDY RANKS NYC AS WORST CITY TO START A CAREER A new study by WalletHub suggests first-time job hunters might want to reconsider moving to the big apple. FOX 5 NY's Sharon Crowley has more. NEW YORK CITY - Again!? NYC was ranked the worst place to start a career in 2024, according to a recent WalletHub study – following a similar ranking in 2023. JUMP TO: NYC RANKING l US MAP The website compared the relative market strength and overall livability of over 180 cities in the United States, examining each city based on 26 key metrics ranging from the availability of entry-level jobs to the average monthly starting salary to housing affordability. NEW YORK CITY RANKING * Total score: 33.14 * Professional opportunities rank: 182 * Quality of life rank: 171 The Big Apple also ranked last in entry-level jobs (per 100,000 working-age population). "Transitioning out of school and into the workforce can be a difficult and stressful process, but certain cities make things a lot easier than others," said WalletHub analyst Cassandra Happe. FOX 5 NY spoke with Barry Drexler, a career coach in New York City, last year. He disagreed with the findings in the 2023 study. "Very surprising to me that New York is ranked last," Drexler said. "I don't agree with it, and I'm speaking from someone whose office is currently in New York." Loading Video… This browser does not support the Video element. THE RISE OF 'FOREVER RENTERS' The dream of home ownership appears to be getting further and further out of reach for some Americans, creating a generation of what is known as 'forever renters.' However, he did agree with WalletHub's findings that it's expensive to live in NYC on a starting salary, but believed Gen Z could figure it out. "The recent grads, they share apartments," Drexler said. "They find a way at that age, they don't care as much about the trappings, so to speak." UNITED STATES MAP Atlanta ranked first, with a score of 65.84, followed by Orlando and Salt Lake City. "The best cities for starting a career not only have a lot of job opportunities but also provide substantial income growth potential and satisfying work conditions," Happe said. To see the full list, click HERE. NO COLLEGE DEGREE? WORST US PLACES FOR A JOB In addition, a new study ranked the best and worst job markets in the U.S. for job-seekers that do not hold degrees. Using data from the U.S. Census Bureau and Indeed, CashNetUSA found New York is "by far the worst state to look for a job" without a degree, with 21.94 local nondegree holders for every open position. Specifically, New York City was named the worst city in the nation for finding a job without a degree, with 41.48 nondegree holders for each available job. To see the full list, click HERE. 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