Best Cities For Jobs
How Houston stacks up against the best U.S. cities for jobs: It's not good
Job hunting? Consider looking elsewhere in Texas. The Lone Star State is a big winner on Forbes' 2016 list of the best big cities for jobs, with three metros making an appearance, but Houston is slipping — big time.
Forbes pulled employment data from the Bureau of Labor Statistics for 2004 through 2015 to rank the nation's 421 metropolitan statistical areas. Things like recent growth trends, midterm growth, long-term growth, and the region's momentum all factored into the overall scores. To come up with the big cities list, Forbes ranked the 70 metro areas that have more than 450,000 jobs.
Ranked No. 6 in 2015, Houston falls down to No. 24 this year. That's the biggest drop of any metro on the list. Forbes anticipates more than 500,000 energy corridor jobs will disappear before things in the energy capital start to perk up. It's a similar story in Fort Worth, which dropped from No. 28 to No. 15, and has lost 250,000 jobs.
The outlook is perkier for Dallas-Plano-Irving, which is No. 5, behind San Francisco, San Jose, Orlando, and Nashville. From 2010 to 2015, job growth in Dallas clocked an impressive 18.86 percent increase. Toyota, Liberty Mutual, and now Jamba Juice are just a few of the large companies moving their headquarters to Dallas, joining business giants Texas Instruments, Dr Pepper Snapple Group, Exxon Mobil, and AT&T.
Austin-Round Rock ranks No. 6 (23.8 percent job growth from 2010 to 2015), and San Antonio-New Braunfels is No. 12 (15.92 percent job growth during the five-year period). Forbes points out that Austin's tech industry is a draw, as is its (relatively) affordable housing, at least when compared to Silicon Valley. San Antonio's healthy population growth is being reflected in the creation of more jobs.