If you are considering moving to Austin, this news may help you finalize that decision. The Austin Business Journal reports that Austin has gained the largest percentage of jobs in the U.S. over the past five years, recovering virtually all of the private-sector jobs it lost during the recession. As Austin quickly becomes one of the fastest-growing cities in America, there is no doubt that moving to Austin could easily lead to great success and career fulfillment.
Austin’s Economic Boom
There are a few contributing factors to Austin’s “economic boom.” Although thinking of moving to Austin, Texas, may depend on other factors not necessarily related to the economy, understanding these triggers for economic success might be helpful in order to understand why moving to the city could, in the long run, be beneficial for you and your family.
- Major companies setting up shop in Austin. With many corporations finding the economic climate in Texas to be favorable for business growth, some big name companies like Whole Foods and Dell have set up shop in Austin, bringing with them big money and lots of jobs.
- Emerging technology boom. As Austin grows into the “Silicon Valley of the Lone Star State,” many boutique and midsize programming, software, hardware, design and media companies have opened in the area. This, too, has spurred significant job growth over the past five years.
- Increased retail industry positions. According to the Austin Business Journal, Austin is one of 12 markets that have returned to the employment levels found before the recession hit. One of the industries in particular –retail– saw an increase of 2,100 jobs in 2012. These kinds of increases slowly but surely result in regained trust in the local economy.
Moving to Austin Texas?
Are you thinking of moving to Austin, Texas? Thanks to the thriving economic climate in Austin, there are plenty of opportunities to be had for those thinking of moving to Austin. And part of enjoying those opportunities is finding the perfect place to enjoy those opportunities.