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Thursday, July 29, 2010

Boston 11th Best Town for Recent College Grads

Boston understands that attracting new talent is key to staying ahead of the curve. One way in which the city finds promising individuals is through the many colleges and universities in the area. With this in mind, it is encouraging to hear that Business Week recently named Boston number eleven on its list of the top 30 towns for recent college graduates. (Image courtesy: http://bit.ly/9E8e7X)

The report quoted the number of entry-level employers in Boston at 40 and the average annual starting salary at $55,620. While Boston nearly made the top ten this year, this was still a decrease in ranking from 2009 when the city ranked 8th out of thirty.

“With many universities in the area, including Harvard and Boston universities, many college graduates know the city well,” Business Week reported. “Although the city is ranked among the highest on the list for cost of living, its average annual pay, which is also among the highest, might make up for it.”

From a list of 3,580 municipalities, Houston, Texas was ranked number one on Business Week’s list. According to the report, the city was primarily awarded this ranking because of its large number of job openings and affordability. After Houston, in order of best rank to worst, the top five cities included Washington, Dallas, Atlanta, and Austin. It was interesting to see that four of the top ten best towns for recent college graduates were located in Texas. (Image courtesy: http://bit.ly/9E8e7X)

While Boston decreased in ranking this year, it still managed to hover around the top ten mark. Indianapolis and Chicago, on the other hand, dropped off Business Week’s list of the top 30 towns altogether, after holding first place and seventh place, respectively, last year. All things considered, Boston stacked up fairly well.

[Sources: http://bit.ly/9xUE3W, http://bit.ly/9E8e7X]

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