A recent BusinessWeek article reveals that Richmond residents enjoy a comparatively sound job market and low cost of living.
In “Where Struggling Americans Can Find a Fresh Start,” BusinessWeek correspondent Prashant Gopal explores the best cities for unemployed workers to start over, finding new jobs and new homes.
BusinessWeek ranks the Richmond metropolitan area sixth nationally for employment prospects and cost of living.
In the next quarter, 22% of Richmond companies plan to hire new workers and the metro area’s unemployment rate is 1.6 points below the national average, according to the article. In addition to sound economic indicators, BusinessWeek cites the Virginia capital’s average home prices, diverse economy, and rich arts community as key attractions.
The BusinessWeek article comes on the heels of a Next Generation Consulting study ranking Richmond as a “Next City,” one of the best places for young professionals to work and live.

