According to a recent report released by Forbes, Austin has the third best employment opportunities in the nation. The capital city earned this distinction for a multitude of reasons, with the primary reasons cited by the publication being:
- The city’s relatively low unemployment rate, which is currently sitting at about 7.0 percent
- The relatively low job-seekers to employment openings ratio, which is currently at about 2.39 to 1
According to Forbes, there are many reasons why Austin has managed to maintain a low unemployment rate. Aside from being a state capital, Austin is also a major convention center. As such, Austin plays an integral role in the music industry. Other aspects that have helped the city thrive include the fact that a number of
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