(Bloomberg Business) — College degrees are a better investment than ever. But new research shows that investment pays off more in some parts of the U.S. than others. 

For a report released this week, the Georgetown University Center on Education and the Workforce analyzed job postings on 15,000 websites to see where jobs were most plentiful. Massachusetts, Delaware, and Washington produced the most job ads per college-educated worker, while West Virginia, Rhode Island, and South Carolina produced the fewest.

“If you look at college degrees on average, the numbers on the payoff [for a degree] are very positive and powerful,” says Anthony Carnevale, director of the center and one of the report’s authors. But the return on investment for a college degree “really depends on not just your major, but also what part of the country you’re in.” 

Some college graduates may be better off packing up for another state if their local job hunt seems fruitless.

Below are the 10 states with the best labor market for college graduates, and who’s hiring in each. 

CLICK HERE for the full list of states, ranked from best to worst.

Faneuil Hall

Faneuil Hall, Boston

1. Massachusetts

Share of online job ads seeking college graduates: 63%

Number of online job ads for college graduates in Q3, 2013: 94,600

Top jobs: software developers, computer occupations, managers

Employers with the biggest online recruiting presence: Liberty Mutual, Sterling Life Sciences, Commonwealth of Massachusetts

In Massachusetts, there are 70 percent more online job ads per college graduate than the national average.

See also: Are you achieving your dream career?

dover delaware

Old State House in Dover, Delaware

2. Delaware

Share of online job ads seeking college graduates: 50%

Number of online job ads for college graduates in Q3, 2013: 7,300

Top jobs: software developers, computer occupations, financial analysts

Employers with the biggest online recruiting presence: JPMorgan Chase, Capital One, Christiana Care

See also: The 10 highest & lowest U.S. metro areas for job creation

seattle

Seattle skyline, Washington

3. Washington

Share of online job ads seeking college graduates: 47%

Number of online job ads for college graduates in Q3, 2013: 65,400

Top jobs: software developers, nurses, computer occupations

Employers with the biggest online recruiting presence: Amazon, Microsoft, Providence Health and Services

See also: 10 best jobs for 2014 (No. 4 is in insurance)

colorado

View of Mount Sneffels Range, Colorado

4. Colorado

Share of online job ads seeking college graduates: 46%

Number of online job ads for college graduates in Q3, 2013: 48,200

Top jobs: nurses, software developers, computer occupations

Employers with the biggest online recruiting presence: Centura Health, State of Colorado, Dish Network

See also: 42 reasons to love being an insurance agent

alaska

5. Alaska

Share of online job ads seeking college graduates: 37%

Number of online job ads for college graduates in Q3, 2013: 4,900

Top jobs: nurses, medical and health services managers, civil engineers

Employers with the biggest online recruiting presence: University of Alaska, Alaska Native Tribal Health Consortium, Providence Health and Services

See also: Give your career some steam

phoenix az

Phoenix, Arizona

6. Arizona

Share of online job ads seeking college graduates: 43%

Number of online job ads for college graduates in Q3, 2013: 34,800

Top jobs: software developers, nurses, computer occupations

Employers with the biggest online recruiting presence: University of Arizona, Banner Health System, UnitedHealth Group

See also: 4 ways to build a no-regrets career

portland oregon

Portland, Oregon 

7. Oregon

Share of online job ads seeking college graduates: 46%

Number of online job ads for college graduates in Q3, 2013: 26,000

Top jobs: software developers, computer occupations, nurses

Employers with the biggest online recruiting presence: Nike, Intel, Providence Health and Services

See also: Ranked! Here are 2015′s top schools for insurance degrees

big sur california

Big Sur, California

8. California

Share of online job ads seeking college graduates: 54%

Number of online job ads for college graduates in Q3, 2013: 266,000

Top jobs: software developers, computer occupations, sales representatives

Employers with the biggest online recruiting presence: Kaiser Permanente, Sutter Health, EBay

See also: How one life insurer expects to succeed in 2015

minneapolis

Minneapolis, Minnesota

9. Minnesota

Share of online job ads seeking college graduates: 49%

Number of online job ads for college graduates in Q3, 2013: 44,100

Top jobs: software developers, computer occupations, sales representatives

Employers with the biggest online recruiting presence: UnitedHealth Group, University of Minnesota, Mayo Foundation for Medical Education and Research

See also: Your guide for helping savers navigate 5 career checkpoints

texas

Dallas skyline, Texas

10. Texas

Share of online job ads seeking college graduates: 48%

Number of online job ads for college graduates in Q3, 2013: 143,200

Top jobs: software developers, computer occupations, nurses

Employers with the biggest online recruiting presence: Dell, Accenture, Hospital Corporation of America

See also:

Top 10 financial and insurance companies to work for in 2015

Finding the next generation of brokers

Insurance industry adds 13,900 jobs in January

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