Newsweek rated Michigan the top in job potential as number one in the 20 best states for job growth. To find the 20 best states in America for job growth they considered three factors.
First, a new poll and index from Gallup, which asked more than 100,000 employed people whether their companies are expanding or contracting, and provides an index score from the difference between the two.
Second, the change in seasonally adjusted unemployment rates, from the annual average for 2010 to the annual average to date, with data from the U.S. Bureau of Labor Statistics.
Finally, each state’s 2010 average annual income, also with BLS data. Using z-scores (a measure of each state’s performance relative to the mean), each factor was equally weighted.
The first two data sets examine opinions on job creation and raw unemployment numbers, while the third takes into account how well, in general, jobs in each state tend to pay.
Employers with expanding workforces: 32%
Gallup job-creation score: 14
Average annual income: $44,438
Unemployment change, 2010 to 2011: -1.99%
7. South Carolina
12. District of Columbia
16. New York
19. North Dakota
Full article can be found by visiting this link