Study reveals that New York City as the worst place to start a career in 2023 by WalletHub report

 New York City, the city that never sleeps, is apparently the worst place to start a career, according to a recent study conducted by personal finance site WalletHub. In the "2023's Best & Worst Places to Start a Career" report, NYC ranked last out of 182 cities, making it a challenging environment for recent college graduates looking to kickstart their professional lives.

                                                                                        

                                                                                     The study analyzed various metrics across categories such as professional opportunities and quality of life. Unfortunately for NYC, it scored the lowest across 26 metrics, including the number of entry-level jobs available per 100,000 working-age residents, average monthly starting salary, housing affordability, and the average length of the workweek. These findings contributed to its abysmal ranking of 182nd place.

One particularly alarming discovery was that New York City has the lowest number of entry-level jobs per 100,000 professionals aged 16 and up. The disparity is striking, with NYC offering 18 times fewer entry-level job opportunities than Orlando, the city with the most available.

While New York City did fare slightly better in the ranking of professional opportunities, securing 181st place ahead of Gulfport, Miss., it still struggled in terms of quality of life, landing in 174th place. However, the city's quality of life ranked higher than several other locations, including Oxnard, Moreno Valley, and Stockton in California, as well as Detroit, Bridgeport, Conn., and Newark, NJ.