A new study found Minnesota is the No. 7 best state to work in 2024.
Americans are hoping 2024 will be the year that the economy finally comes roaring back, especially after battling inflation, recession fears and mass layoffs in 2023. Workers are desperately seeking high paying jobs, flexible working conditions, and a better cost of living. After huge shifts in recent years, some states offer more favorable conditions than others.
Peak Sales Recruiting today released a study on the Best States to Work in 2024 after analyzing data from the Census Bureau, BLS, Bureau of Economic Analysis, and Tax Foundation from 2022 and 2023.
Eight metrics were analyzed including state tax rates, job and GDP growth, weekly hours worked, commute times, remote work, union representation and earnings ratio.
Key factors that led to Minnesota’s ranking include state and local taxes total 7.52%, jobs grew by 1.5%, 17.2% work from home, the average commute time is 22.8 minutes, and the average work week is 38.2 hours.
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