Online employment marketplace ZipRecruiter recently shared a study about the top fintech job markets and found that Louisiana has three of the top four markets.
“We were a little surprised as well when we dug into the data, expecting to find either a major tech hub, like Silicon Valley, or a center of finance, like Omaha or Charlotte, at the top of the heap. But when it comes to fintech job growth and opportunity, areas of the deep south like Mississippi and Louisiana outperformed all of the well-known tech and finance hotbeds in our study,” shared ZipRecruiter.
ZipRecruiter calculated the average job count, applicant count, and job-to-applicant ratio, which they refer to as opportunity index, for metro areas across the country. From there, the areas with at least 100 job postings and 50 applicants per month were considered for this particular study.
“Of the approximately 100 metro areas where the average number of fintech job openings so far this year have outpaced the number of applicants, 25% are in the South, with the most opportunity abounding in Southwest Mississippi, in-and-around Jackson, and Northeast Louisiana, in-and-around Baton Rouge.”
The Houma-Bayou Cane-Thibodaux, Monroe, and Northeast Louisiana regions were all high ranking on the opportunity index scale at 5.0, 4.2, and 4.1, respectively. The only other region with a greater opportunity in fintech jobs in this study was Southwest Mississippi.