While the dwindling and uncertain
economy makes the employment landscape quite depressing to look at, recent
comparison studies suggest that 2012 has seen a fairly satisfactory year with
respect to growth in job prospects among metropolitan cities in the United
States.
Further analysis suggests that
for individuals who are currently looking for jobs, the state of Texas is the
place to be. This is the place to move to. With a progressive economy, the
state has been able to ensure high paying jobs
According to Forbes, the state of
Texas is home to the country’s most promising mid-sized city (El Paso), and
most promising metropolitan area (Austin). In addition to this, it is also home
to one of the top ten cities with the highest paying scales in the nation –
Dallas, ranked at number 5.
How Did Dallas Make it to the List?
Consisting of a dozen of
counties, the city of Dallas has come to become the economic center of North
Texas. In addition to this, the fact that Dallas/Fort Worth is the third
busiest airport in the world, some of the largest employers of the nation such
as American Airlines, have set shop here. Another large employer that is head
quartered out of this region is Walmart that offers 21,000 jobs in Dallas.
In addition to high pay scales,
the city of Dallas also has housing affordability rate of below 3.5.
The Business Climate of Dallas
The City consists of a diverse
industrial environment that is dominated by the technological sector. Other
major industries include that of financial services, information technology and
data management, defense, life sciences, telecommunications, semi conductors,
transportation and processing units.
43% of the high tech jobs belong
to Dallas. With about 13 privately held companies with annual revenue of over 1
billion dollars being headquartered in this region, it is no surprise that the jobs in Dallas offer the highest salary
packages.