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Editor’s Observe: This story initially appeared on HireAHelper.

Regardless of the challenges that the COVID-19 pandemic has created for the US economic system over the previous two years, latest months have proven main indicators of constructive financial information.

The US Bureau of Financial Evaluation estimates that GDP grew 7% within the final quarter of 2021, a powerful quantity, particularly given a parallel spike in COVID-19 instances late final yr. And whereas inflation is taking a big toll on the funds of many households, employees in nearly each business have seen wage development for the reason that pandemic started.

The simultaneous will increase in financial productiveness and wages are significantly notable due to the widening hole between these two statistics lately.

The info used on this examine comes from the US Bureau of Financial Evaluation. To establish the places with the best employees, HireAHelper researchers calculated complete annual gross home product (GDP) per employee.

Listed here are the main metropolitan areas with the best economies.

15. Charlotte-Harmony-Gastonia, NC-SC

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• Annual GDP (per employee): $114,019
• Annual GDP (per capita): $68,852
• Annual GDP (complete): $184,819,000,000
• Whole employment: 1,620,954
• Whole inhabitants: 2,684,276

14. Cincinnati, OH-KY-IN

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• Annual GDP (per employee): $114,580
• Annual GDP (per capita): $68,350
• Annual GDP (complete): $152,619,000,000
• Whole employment: 1,331,990
• Whole inhabitants: 2,232,907

13. Baltimore-Columbia-Towson, MD

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• Annual GDP (per employee): $116,919
• Annual GDP (per capita): $73,499
• Annual GDP (complete): $205,811,000,000
• Whole employment: 1,760,280
• Whole inhabitants: 2,800,189

12. Houston-The Woodlands-Sugar Nation, TX

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• Annual GDP (per employee): $117,010
• Annual GDP (per capita): $68,232
• Annual GDP (complete): $488,165,000,000
• Whole employment: 4,172,005
• Whole inhabitants: 7,154,478

11. San Diego-Chula Vista-Carlsbad, CA

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• Annual GDP (per employee): $118,796
• Annual GDP (per capita): $72,143
• Annual GDP (complete): $240,411,000,000
• Whole employment: 2,023,738
• Whole inhabitants: 3,332,427

10. Chicago-Naperville-Elgin, IL-IN-WI

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• Annual GDP (per employee): $120,473
• Annual GDP (per capita): $73,670
• Annual GDP (complete): $692,988,000,000
• Whole employment: 5,752,239
• Whole inhabitants: 9,406,638

9. Philadelphia-Camden-Wilmington, PA-NJ-DE-MD

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• Annual GDP (per employee): $121,012
• Annual GDP (per capita): $71,883
• Annual GDP (complete): $439,055,000,000
• Whole employment: 3,628,203
• Whole inhabitants: 6,107,906

8. Los Angeles-Lengthy Seashore-Anaheim, CA

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• Annual GDP (per employee): $122,311
• Annual GDP (per capita): $76,815
• Annual GDP (complete): $1,007,040,000,000
• Whole employment: 8,233,468
• Whole inhabitants: 13,109,903

7. Hartford-East Hartford-Middletown, CT

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• Annual GDP (per employee): $128,108
• Annual GDP (per capita): $82,657
• Annual GDP (complete): $99,311,154,000
• Whole employment: 775,213
• Whole inhabitants: 1,201,483

6. Washington-Arlington-Alexandria, DC-VA-MD-WV

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• Annual GDP (per employee): $132,624
• Annual GDP (per capita): $88,705
• Annual GDP (complete): $561,028,000,000
• Whole employment: 4,230,210
• Whole inhabitants: 6,324,629

5. Boston-Cambridge-Newton, MA-NH

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• Annual GDP (per employee): $139,642
• Annual GDP (per capita): $98,460
• Annual GDP (complete): $480,307,000,000
• Whole employment: 3,439,563
• Whole inhabitants: 4,878,211

4. New York-Newark-Jersey Metropolis, NY-NJ-PA

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• Annual GDP (per employee): $152,833
• Annual GDP (per capita): $94,608
• Annual GDP (complete): $1,809,320,000,000
• Whole employment: 11,838,530
• Whole inhabitants: 19,124,359

3. Seattle-Tacoma-Bellevue, WA

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• Annual GDP (per employee): $165,963
• Annual GDP (per capita): $106,241
• Annual GDP (complete): $426,940,000,000
• Whole employment: 2,572,508
• Whole inhabitants: 4,018,598

2. San Francisco-Oakland-Berkeley, CA

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• Annual GDP (per employee): $185,637
• Annual GDP (per capita): $125,260
• Annual GDP (complete): $588,336,000,000
• Whole employment: 3,169,280
• Whole inhabitants: 4,696,902

1. San Jose-Sunnyvale-Santa Clara, CA

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• Annual GDP (per employee): $259,532
• Annual GDP (per capita): $182,893
• Annual GDP (complete): $360,511,000,000
• Whole employment: 1,389,082
• Whole inhabitants: 1,971,160

methodology

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The info used on this examine comes from the US Bureau of Financial Evaluation. To establish the places with the best employees and economies, the researchers calculated complete annual gross home product (GDP) per employee. Within the occasion of a tie, the placement with the higher GDP per capita was ranked higher. All statistics are from 2020, the newest yr out there. Solely locations with at the least 100,000 inhabitants had been thought of.

Disclosure: The data you learn right here is all the time goal. Nevertheless, we generally obtain compensation while you click on hyperlinks in our tales.