Dee DePass has been a Star Tribune business reporter since 1993, covering small business, financial institutions, manufacturing and, most recently, the economy. Originally from New York, Dee came to Minnesota after earning her master's in journalism at the University of Maryland and her undergraduate degree at Vassar College.

Posts about Salary

Minneapolis makes CareerBuilders' top 15 list for new college graduates

Posted by: Dee DePass Updated: May 30, 2012 - 11:53 AM

Minneapolis is one of the nation's top 15 cities for new college graduates, according to a new joint study by and

Minnesota's largest city ranked fourth in the nation, following Washington D.C., New York, and Boston. It scored better than Dallas, Atlanta, Chicago, Houston, Philadelphia, Baltimore and Denver due to a host of factors. 

At 5.6 percent, Minneapolis had the second-lowest unemployment rate of the 15 cities on the list. It also offered low rents, averaging $974 for a one bedroom apartment, compared to $1,1814 in Boston or $1,789 in New York. And Minneapolis boasted an average starting salary of $38,500 a year, which was close to the $40,000 starting salary in New York.

Survey organizers examined the availability of entry level jobs in each city and Minneapolis scored well. Job inventory was given the most weight in the study because there are "more than 1 million bachelor's degrees conferred each year" which means new grads must decide where to work and where live, organizers said.

Another consideration that helped Minneapolis place well on the list was its diversity of industry. Minneapolis is a leader in healthcare, manufacturing, IT and other forms of commerce, survey organizers said.



Connect with twitterConnect with facebookConnect with Google+Connect with PinterestConnect with PinterestConnect with RssfeedConnect with email newsletters