The city witnessed a sudden surge in population after the declaration of the new state of Jharkhand in 2000. Owing to the rising employment opportunities and opening of numerous regional and state level offices, banks and FMCG companies, the city witnessed a rapid influx of employment seeking migrants. As per a study done by ASSOCHAM in late 2010, Ranchi was one of the highest employment generating Tier-III cities in India with a share of 16.8%, followed by Mangalore and Mysore.[40]