By the Kent Redding Group
AUSTIN, TX. – As of summer, 2017 the state of the Austin Texas jobs market remains strong thanks to many companies expanding or relocating to the area including Merck, one of the world’s largest pharmaceutical companies who recently announced that they will be creating 600 new jobs at their brand-new IT hub in Austin Texas.
Premier State for Business Expansion and Enterprise
News of Merck’s expansion in Austin Texas received praise from the Austin Texas business community and Governor Abbott’s office who issued the following statement on his behalf:
"Texas continues to excel as an economic powerhouse because global industry leaders like Merck recognize the Lone Star State as a premier state for business expansion and enterprise," Abbott said. “I am extremely encouraged by Merck’s investment in Texas, and for the opportunities and jobs that will come along with it. This expansion is another example that Texas is the place where business and innovation come to thrive.”
Austin Texas Unemployment Rate
As of May 2017, the unemployment rate in Austin Texas was just 3.2%; this is lower than the nationwide average of 4.3%.
Austin remains one of the strongest cities in the United States for jobs and the tech industry continues to lead the growth of the jobs market here.
Some of the top companies to work for in Austin include: Granify, HomeAway, Main Street Hub and ProCore Technologies.
Our city is also an excellent spot for companies who wish to expand thank to the University of Texas at Austin and Baylor University in nearby Waco, both universities continue to produce talented graduates each year that tech companies are eager to hire.
Learn More About Austin Texas
To learn more about life in Austin Texas, or to view homes for sale in the area, contact us today by calling (512) 306-1001 or click here to connect with us online.