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Ten states with the fastest job growth in 2016

The United States is experiencing the longest period of consecutive month-to-month job growth in its history, but there are a few states that stand out in the crowd. Kiplinger has ranked the 10 states expected to experience the fastest rates of job growth in 2016. Can you guess which one tops the chart?

4. Oregon

Mike Segar/Reuters/File
Nike President and CEO, Mark Parker, unveils new Nike products at an event in New York. Nike, headquartered in Beaverton, Ore. is worth $30.6 billion.

Population: 4,029,000

2016 job growth: 3.0 percent

New jobs in 2016: 53,360

Unemployment rate by year-end 2016: 5.6 percent

Largest company in state: Nike

Bloomberg calls Oregon "the picture of economic health" based on factors of "employment, home prices, personal income, tax revenues, mortgage delinquency, and the publicly traded equity of its companies." Oregon is also helped by a spurt of population growth in recent years. In 2015, Oregon's population grew 1.5 percent, above the national average of 0.8 percent. Oregon is also a popular place for athletic wear and tech companies to operate, as an alternative to pricier West Coast cities like San Francisco and Seattle. Under Armour, Nike, Adidas, and Columbia all have design headquarters in Portland, along with software analytics company New Relic.

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Mark Sappenfield
Editor

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