Young Americans just embarking on their careers should turn their gaze toward the country's South, a new report suggests.
Young Americans just embarking on their careers should turn their gaze toward the country's South, a new report suggests.
A growing number of southern cities offer the best balance of affordability, employment opportunities, long-term career potential and overall quality of life, according to Bankrate, which the 50 largest metro areas based on these and other criteria. Cities that don't make the grade include New York, San Francisco, Washington and other costly urban hubs where it can be difficult for young adults to put down roots.
"We are seeing a lot of companies shifting offices and headquarters to the South. They are cost-effective alternatives that offer that optimal work-life balance for young professionals," Bankrate analyst Alex Gailey told CBS MoneyWatch.
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