Thursday, November 17, 2016

Houston’s Job Market Makes This City an Economic Miracle

Written by: Story Studio


For those looking at making a big move, there’s one factor to consider that may just outrank all others: the job market. And when it comes to the job market, there’s no better city than Houston, Texas. With a history of low unemployment rates and costs of living, Houston has often been touted as the U.S.’s “economic miracle.” Though the 2015 collapse of the drilling market and drop in the price of oil tested the strength of Houston’s economy, this city is quickly proving that there’s nothing that can get — and more importantly, keep — them down. This can be credited to Houston’s record-level job creation rates, bustling port, and impressive recovery capacity. Houston is also home to three major industries: energy, manufacturing, and healthcare. The city’s energy scene is brought to life by Fortune 500 leaders including Phillips 66 and Kinder Morgan, while the manufacturing industry boasts more jobs after the recession. Houston’s healthcare and medical sector is anchored by the Texas Medical Center, the world’s largest medical complex and the University of Texas M.D. Anderson Cancer Center, recently ranked the second best cancer hospital in the country.

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