Southlake has been named 2015’s Best Texas City for Finding a Job in a recent study from the leading personal finance outlet WalletHub.com.
The following information has been provided to My Southlake News via a press release from WalletHub.com.
That’s also why the American Enterprise Institute crowned it “The Great American Job Machine” in early 2015. Texas was responsible for much of the net job increase in the U.S. between 2007 and 2014. And as of September, its jobless rate “has been at or below the national rate for 105 consecutive months,” according to the Texas Comptroller of Public Accounts.
It’s clear from such an impressive record that Texas knows how to gracefully bounce back from a recession. By GDP, its economy has grown to become the second largest in the U.S., is comparable in size to Canada’s and would rank No. 12 in the world if Texas were a nation of its own. So for those on the job hunt, this is one of the hottest markets to start exploring.
As in any other state, however, the wealth of jobs isn’t evenly distributed across Texas. WalletHub’s analysts therefore compared 122 cities in the state to find its most promising employment hubs. We examined each city across a total of 16 metrics, ranging from the number of job opportunities to median annual income to housing and transportation costs. The results, a detailed methodology and expert commentary can be found on the website.