Austin, Texas: A Haven for Young Job Seekers
If a high quality of life, lower taxes, good weather, great food, and culture don't sound enticing, consider this: Forbes ranked Austin as the #1 city in America for job growth in 2013! In an economy of ambiguity and financial uncertainty, job security is no longer guaranteed. And, if you're young and without any real job experience, job scarcity across the U.S. poses a completely different set of challenges. However, due to economic growth over the past decade, the city of Austin has molded itself into an oasis for young professionals.
Employment Rates and Prospects
As of the end of 2013 the unemployment rate in Austin fell to 5.2%, which is a full 200 points lower than the national average. To provide some perspective since 2008, private sector jobs have been added at a rate of 11.8% which leads the nation. While the tech industry has been most visible many other industries such as manufacturing to biotech have all experienced tremendous growth in the Austin area.
Business Growth in Austin
Companies like Accenture, AT&T, and Time Warner Cable announced major expansions in the area, and Fortune 500 giants like Whole Foods Market and Dell call Austin home. Austin is even starting to compete with Silicon Valley as new software and tech companies claim their stake on Texas soil. In fact, the average salary for a tech worker in Austin is over $105,000 per year! Guess what? That also leads the nation, almost $30,000 more than Silicon Valley! In addition, Austin is significantly more affordable than Silicon Valley (or should I mention San Jose?).
Starting a business in Austin
Maybe corporate culture is not what entices you. Perhaps you have always wanted to start your own business. In more restrictive states, becoming an entrepreneur is next to impossible with overwhelming regulations and bureaucracies. Luckily, Texas maintains policies friendly to young, ambitious entrepreneurs. Plus, if youre looking for great talent to join your business, one of the nations largest and most prestigious state universities resides in the heart of city. Its education is top flight and it routinely scores as one of the best universities in the nation.
The diversity of employers and employment in Austin is part of what makes Austin such a dynamic place. The business environment is conducive to all types of industries and caters to all types of talent. The diversity makes it easier for couples in different industries seeking employment in the same city. Recent graduates are flourishing in Austin relative to many other places and it is perhaps the best place to find employment for ambitious college grads, those looking to make a career change, and even those needing a change of scenery. If you desire to be in a dynamic place around other young and motivated professionals then you should really consider looking more closely into relocating to the Austin area. There are plenty of jobs and living is affordable.
With great job prospects, a high quality of life, beautiful weather, and a lively cultural hub; why wouldn't you move to Austin? It is a fairly easy decision, so you should probably call your bank and see if you are approved for a loan then give Austin Texas Homes a call @ 512-796-7653.
Jaron Clinton is a writer for 1 800 Got Junk.