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Utah, fastest private-sector growth

10727642_sThe U.S. Bureau of Labor Statistics has analyzed more than 300 metropolitan areas across the country in terms of private-sector job growth. The good news is that out of the 100 biggest job markets in the country, 97 have experienced growth, one hasn’t changed and just two of them have lost jobs over the past 12 months. These are Bakersfield, California and Tulsa, Oklahoma.

Southern and Western markets lead the ranking. Provo, Utah, has been the most productive private-sector job market in the U.S., having expanded its workforce by 5.6 percent since November 2014. San Jose, California is close behind with 5.4 percent, Lakeland, Florida has grown by 4.9 percent and the job base in Austin, Texas is now 4.6 percent stronger than last year.

Buffalo area has added 8,000 private-sector jobs over the last year, reaching a year-to-year growth rate of 1.7 percent. However, this is good news considering that the private-sector in the area hasn’t been at its best over the recent years.

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