Austin Helps Lead the South in Best Cities for Jobs, Alongside Dallas
Forbes has compiled a list of U.S. cities that have proven to be the best locations for jobs. Out of the largest metropolitan areas, the Southern states and the Western were the key players. After years of San Francisco leading the pack, the South has taken over with Dallas-Plano-Irving cinching the No. 1 spot, and Austin coming in at second place.
With a detailed methodology, Forbes compiled research dating back to 2006 to provide an accurate list of formidable U.S. cities. Specifically, the rankings are based on short, medium, and long-term growth/job creation, and factors in whether the growth is slowing or continuing to accelerate.
A huge component for Austin being a good city for jobs is a booming tech hub, and a diverse and rapid job growth pattern — 3.4 percent last year and 39 percent since 2006. The city’s expansion in recent years is largely because of a strong population growth.
“The metro area last year had the strongest population increase and rate of domestic in-migration of any in the country with a population over a million. This population growth has translated into many things, most particularly growth in retail sales, construction jobs, financial services and trade, helping boost diverse jobs growth.”
Look to the original article for a detailed analysis of the other cities on the list, which include Seattle, Chicago, New York, Los Angeles, etc.
[Via Forbes]Posted on Wednesday, June 13, 2018