Folks from all over the country are moving to Austin. And while everyone has their own motivation for pulling up roots and moving to a new place, one of the most common reasons is a pretty simple one: finding a job.
Austin consistently ranks among the best cities in the nation for finding a job, and the Austin, Texas, job market continues to grow. Austin’s booming population growth is fueled in part by ample opportunity for employment, along with a climate and lifestyle that many find too tempting to pass up. In fact, WalletHub recently ranked Austin the third-best place in the U.S. to find a job, and our unemployment rate is consistently below the national average—just 3.2 percent compared to 5.0 percent nationwide, as of April 2016.
A solid foundation
The key to Austin’s continued success may be its diversity of job opportunities. While some cities enjoy a fleeting, “boom-and-bust” success based on one or two industries that thrive for a limited period of time, Austin’s diverse employment base helps us to weather financial storms such as the recession in recent years.
Major sectors like technology, healthcare, education, business, government and entertainment ensure that Austin, Texas, jobs are available even when they become scarce elsewhere.
A friendly place to do business
Employers and employees have developed a mutually beneficial relationship in Austin. When one group thrives, so does the other, and Austin’s booming job market continues to be just as attractive to new employers as it is to job hopefuls. Major tech companies that have set up shop in town include:
- National Instruments
- Sun Microsystems
- Silicon Laboratories
The number of technology jobs is going through the roof in Austin, but this sector is not alone in its prosperity. Thanks to major universities like St. Edwards and the University of Texas at Austin, there are consistent professional career options in education as well.
New opportunities on the horizon
The UT Dell Medical School—a new graduate medical school of The University of Texas at Austin—is welcoming its inaugural class this summer, making it the newest of 18 colleges and schools on the UT Austin campus. The medical school promises to bring lots of new jobs to Austin, and is a great place for prospective doctors to hone their craft.
Perhaps one of the greatest endorsements of Austin’s job market comes from its university students, who frequently linger in the city after graduation. Recent graduates commonly make Austin their home, tempted as much by the ample entertainment, lively nightlife and outdoor recreation as they are by the friendly job market.
Contact Clark Wilson Builder today to learn more about finding a dream home to go along with your dream job in Austin, Texas.