America’s most famous city is ranked WORST for college graduate starting their career

New school graduates hoping to maneuver to New York Metropolis to kickstart their profession could also be in for an unlucky shock. 

A research launched by WalletHub earlier this week has named the Large Apple because the worst metropolis to reside in for these in search of entry-level jobs and reasonably priced housing. 

The research in contrast the skilled alternatives and high quality of life offered in over 180 cities within the US, together with the 150 most populated cities within the nation and a minimum of two of probably the most populated cities in every of the 50 states. 

The 2 main elements had been then examined utilizing 26 key metrics, starting from availability of entry-level jobs to the common month-to-month beginning wage and housing affordability. 

In accordance with the research’s findings, New York Metropolis took the 182nd place after scoring the bottom on the entire 26 metrics – a mere 33.14. 

The ‘Metropolis of Goals’ the place stars similar to Frank Sinatra and Jay-Z made it large has now been deemed because the place with the bottom variety of entry-level jobs per 100,000 professionals aged 16 and up in 2024. 

New York has additionally been named because the worst place to search out reasonably priced housing within the nation. 

Though, The Large Apple was capable of redeem itself by a couple of locations after it ranked 171 for high quality of life. 

The rating comes three months after a 26-year-old from Brooklyn went viral for telling her TikTok followers that regardless of having two levels and talking three languages, she nonetheless couldn’t discover a minimal wage job within the metropolis. 

Lohanny Santos uploaded a video of herself crying whereas holding a stack of resumes to TikTok.

‘That is probably the most humbled I’ve ever felt in my life,’ she stated and informed viewers she was making an attempt to fulfill potential employers in particular person asking for a job – however this has been unsuccessful to this point.

She added: ‘It is truthfully somewhat bit embarrassing as a result of I am actually making use of for minimal wage jobs and a few of them are being like “we’re not hiring” […] This isn’t what I anticipated.’ 

Santos, who graduated from Tempo College with a level in communications and one in appearing, stated she speaks three languages and appears devastated after she was unable to discover a minimal wage job, which might pay her $16 per hour in New York.

Lohanny Santos (pictured), 26, from Brooklyn, uploaded a video of herself crying whereas holding a stack of resumes to TikTok

‘This sucks,’ she added as she wiped away the tears rolling down her face. ‘I simply need to be a TikToker if I am being so for actual with you however I can not be delusional anymore… Like I actually have to earn cash, so I am simply going to maintain making an attempt.’

Santos stated she went into a number of espresso retailers at hand them her resume – similar to she did when she was 16 and was in search of a job. 

The one job Santos stated she truly obtained, which was at a espresso store, would have required her to do 18 hours of unpaid coaching

Santos, who stated she was raised between Brazil and New Jersey, is just not the one one unable to discover a job in New York proper now, as information by the New York State division of Labor reveals that unemployment is on the rise.

The unemployment price for New York Metropolis was 5.4 per cent in December 2023, up 0.1 of a per cent from November and a rise of 0.3 per cent from December 2022. New York State’s price was 4.5 % in December 2023. 

In Could 2023, it was revealed that New York rents surged to new file highs, with the median value of an residence in Manhattan climbing to an eye-watering $4,241.

Median rents on new leases in Manhattan, Brooklyn and northwest Queens broke data in April, as folks flocked again to town within the wake of the COVID-19 pandemic.

A property report, by appraiser Miller Samuel and brokerage Douglas Elliman Actual Property, confirms what many New Yorkers have been complaining about on social media for weeks: that rents are ‘too rattling excessive.’

The everyday Manhattan residence was 8.1 % dearer in 2023 than in 2022, in keeping with the report.

The everyday Manhattan residence was 8.1 % dearer in 2023 than in 2022

The median Brooklyn lease of $3,500 was up virtually 15 % towards final 12 months, researchers stated.

The median within the part of Queens that features Astoria and Lengthy Island Metropolis rose almost 13 % from a 12 months earlier to $3,525.

WalletHub’s 2024 research rankings had been decided with assist of knowledge collected from the US Census Bureau, the Bureau of Labor Statistics, Certainly.com and Glassdoor. 

The research has named Atlanta, Georgia because the primary metropolis to reside and work in, with a rating of 65.84, carefully adopted by Orlando, Florida scoring 65.02 and Salt Lake Metropolis, Utah scoring 62.38.