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    Huge Honor for Houston

    Houston called America's No. 1 job creator and a juggernaut by national magazine

    Whitney Radley
    May 29, 2013 | 3:01 pm

    We've heard the stories again and again about how Texas has dodged the recession and beat out other major cities in terms of job gains. But why did Houston in particular fare so well in one of the most crushing financial eras to-date?

    Derek Thompson, senior editor at The Atlantic, takes a closer look at the Bayou City's successes in a magazine article titled "Houston Is Unstoppable: Why Texas' Juggernaut is America's #1 Job Creator." It's oil and gas, yes, as well as the city's business-friendly policies and a favorable topography and geography.

    During the worst years of the Great Recession "more than 100 foreign-owned companies relocated, expanded or started new businesses in Houston."

    But the real clincher is Houston's reliance on history — a quality especially surprising given our inherent "tear it down" attitude — and the energy and real estate sectors' willingness to learn from past mistakes, according to Patrick Jankowski, an economist and vice president of research with the Greater Houston Partnership.

    As Thompson notes, the city's energy demographic skews "remarkably old" with an average age of 50 plus, so "companies were nervous about laying off too many veteran workers before they had time to pass their skills down to the younger generation." Instead of losing one in seven jobs (which the Houston economy suffered during the recession of the 1980s), the region lost only one in 22 jobs this time around.

    Houston developers ignored waning demand in the '80s, but the city avoided the housing bubble altogether in the mid-aughts and beyond "by tightening lending and home construction in the early years of the crisis."

    As Jankowski notes, it didn't hurt that, during the worst years of the Great Recession — between 2008 and 2010 — "more than 100 foreign-owned companies relocated, expanded or started new businesses in Houston."

    How's that for hometown glory?

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    Eloise Nichols interior
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    Eloise Nichols has updated its interior.

    Editor's note: It's time to look back at the top Houston news of the week, which is full of restaurant and bar tidbits. Two Houston-area chefs get big victories, while a River Oaks restaurant says goodbye. Get the details on our most popular stories below, then visit this guide for some weekend fun.

    1. Casual River Oaks restaurant will shutter after 10 years. A neighborhood restaurant near River Oaks will soon serve its last meal — for now. Eloise Nichols is set to close after service on Sunday, June 29.

    2. Houston chef Tristen Epps dishes on his Top Chef victory — and what's next. For the first time, Houston is home to a Top Chef winner. In the final episode of season 22, chef Tristen Epps earned the title and a $250,000 cash prize.

    3. Intimate Houston cocktail lounge adds European-inspired outdoor patio. There’s a new al fresco destination for Houstonians this summer. Clarkwood, the chic cocktail bar in Montrose, has expanded with a 1,500-square-foot courtyard bar.

    4. Innovative Houston chef is the city's newest James Beard Award winner. Thomas Bille, chef-owner of Belly of the Beast in Spring, was named Best Chef: Texas at the 2025 James Beard Awards ceremony.

    James Beard Awards 2025 Thomas Bille Belly of the BeastThomas Bille is Houston's newest James Beard Award winner. Photo by Getty Images for James Beard Foundation

    5. Houston farmers market adds new indoor pickleball court with food and cocktails. The newest player in the city’s crowded pickleball court is Drop Shots HTX, opening today, June 21.

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