How has the metropolitan workforce in U.S. cities changed in the past 15 years?
CareerBuilder.com, an employment services website, recently released a study that explores employment trends for the 100 most populated U.S. cities, tracking how the numbers of workers ages 22 to 34 and 55 and older have changed between 2001 and 2016.
The North Port, Florida, area, including Sarasota and Bradenton, is the fastest aging city and had the greatest decrease of millennial employees over the past 15 years. Madison, Wisconsin, has had the biggest infusion of millennials in the workforce.
In a news release, CareerBuilder summarized these key findings from the survey:
- After the North Port area, the cities with the largest increase in older employees are Oklahoma City; Virginia Beach, Virginia; Sacramento, California; and Spokane, Washington.
- Among the 10 most populous cities, Philadelphia (23.1%), Miami (23%) and New York (22.8%) have the largest share of workers ages 55 and older.
- While Madison had the greatest increase in workers ages 22 to 34, El Paso, Texas; Colorado Springs, Colorado; Allentown, Pennsylvania; and Austin, Texas, also experienced an influx of millennial employees.
- Provo, Utah, has the highest overall share of millennial workers at 35.4%. Other top-ranking cities include El Paso (32.3%), Austin (32.3%), Salt Lake City (32.2%) and San Diego (31.9%).
- Among the 10 most populous cities, Washington, D.C. (29%), Dallas (28.8%) and Los Angeles (28.8%), have the highest overall share of millennial workers.
- While San Diego has a high concentration of younger workers, it’s also among the cities that have experienced the greatest exodus of millennials from its workforce since 2011.
- Cities experiencing the biggest declines in millennial workers since 2011 include Tucson, Arizona; San Diego; urban Honolulu; Bakersfield, California; and Toledo, Ohio.