Business & Tech

Forbes: Bethesda Has the Best Job Market in the U.S.

The city has a lower-than average unemployment rate.

Bethesda isn't a bad place to find work.

In fact, it has one of the lowest unemployment rates—5.2 percent—of any city in the country, according to Forbes Magazine, the International Business Times reported.

Nation-wide, the unemployment rate decreased to 7.6 percent in March, from 7.7 percent in February. The average unemployment rate in the country was 5.81 from 1948 to 2013, with a high of 10.8 percent in November 1982, Trading Economics reported.

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Forbes' ranking was compiled based on statistics from human resources company Adecco Staffing, which gets the data from the U.S. Department of Labor, the International Business Times reported.

In Bethesda, jobs are available in the "hospitality, construction and health care sectors, while skills in demand include specialty trade contractors, accounting and bookkeeping and food service," the International Business Times reported.

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Forbes also has ranked Bethesda and its surrounding environs as the 17th-coolest metropolitan area in the country, Patch reported last year.

And, of 483 mid-sized communities in the country, Bethesda was ranked as the most educated, according to an On Numbers analysis, Patch reported last year.

Nearby, Section 5 of the Village of Chevy Chase was ranked by Forbes last year as the most affluent neighborhood in the nation, Patch reported.

Oklahoma City actually had the lowest unemployment rate of any U.S. city, but because the jobs available there are highly specialized (mostly in the aviation, aerospace, biotechnology and logistics sectors), Forbes ranked it at No. 10 in the list of top ten cities to find jobs, International Business Times reported.


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