Business & Real Estate

Why Sacramento is among the best U.S. cities for business graduates to move to

The Sacramento River splits Sacramento, top, and West Sacramento. A survey ranks Sacramento among the best cities for business and finance graduates to call home.
The Sacramento River splits Sacramento, top, and West Sacramento. A survey ranks Sacramento among the best cities for business and finance graduates to call home. Special to The Sacramento Bee

There's plenty of opportunity for business graduates to find employment in Sacramento.

That's a huge reason why California's capital ranks in the top 10 of a survey's top U.S. cities for business and finance graduates to move to.

Sacramento ranks eighth overall on the study conducted by move.org and business.org. The companies partnered on the survey, using three key factors:

Unemployment rate

Number of job openings per 1,000 in a business or financial occupation

Average cost of living and hourly wage

A closer look at Sacramento shows that the city is third on the list with an 8 percent vacancy rate in business and finance positions. Also, it is 16th in cost of livability because, on average, the target candidates would have 59.1 percent of their income for discretionary spending.

Sacramento's knock on this study is its 10.5 percent unemployment rate, which is 30th among the cities highlighted.

Other California cities included on the list are San Diego (sixth), Los Angeles (16th), Riverside (17th) and San Francisco (26th). Washington, D.C. is No. 1 overall.

The study uses data from the U.S. Census Bureau, IHS Global Insight and Numbeo.

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