It’s tough out there for people entering the job market for the first time.
More than 400,000 federal employees were furloughed or laid off this spring amid DOGE cuts. Corporate layoffs, driven partly by companies “rightsizing” in an AI-dominated economy, have hit sectors from tech to finance. And the gig economy is even showing signs of strain, with food delivery orders slowing.
That’s left a glut of overqualified workers competing for jobs that otherwise might have gone to recent graduates.
And then comes the question of wages, which have stagnated and, in some cases, fallen in the past year when adjusted for inflation.
A new study from NetCredit, an online lender, employed MIT’s Living Wage Calculator to look at wages across the country. Crossreferencing the MIT data with job posting from Indeed, it found that over 40% of entry-level jobs in the U.S. don’t meet the living wage for their areas.
But some cities offer better conditions than others. Keep reading to see the 10 cities NetCredit (ENVA) identified that offer the most entry-level jobs that exceed a living wage.
Additional reporting by Catherine Baab.
