Tagged : Austin

Austin Ranks 5th Among Top 10 Places to Retire

Tuesday, March 9th, 2010 at 12:05am. 783 Views, 0 Comments.

Austin, Texas: According to TopRetirements.com, Austin is one of the top 10 cities attracted to those nearing retirement. Two thirds of the 100 top positions were located in Sun Belt states with warmer climates. The list was compiled by calculating which towns had the most online visits on TopRetirements.com which reflects the cities that the site's retired user community is most interested in. College towns and warm climates dominate the list, meaning that areas with abundance of intellectual and outdoor activities are popular among the retired community.

Top 10 Most Popular Cities to Retire:

1. Asheville, NC
2. Sarasota, FL
3. Prescott, AZ
4. Paris, TN
5. Austin, TX
6. Green Valley, AZ
7. Winston-Salem, NC
8. Beaufort, SC
9. San Diego, CA
10. Ft. Myers, FL

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Facebook Likely to Open 200-Person Office in Austin, Texas

Monday, March 8th, 2010 at 11:30pm. 560 Views, 0 Comments.

Austin, Texas: Facebook may accept a $1.4 million incentive from the state of Texas to open a 200-person office in Austin, Texas. The expansion would be the California-based company's biggest outside of Palo Alto. The move is estimated to cost the social media site $3.1 million in setup and operations costs, says representatives of Gov. Rick Perry's office.

Facebook's decision to open an office in Austin overshadows Google's decision to close their 100-person office 4 months after they started operations in 2008. State officials are confident that Facebook will follow through and not bruise Austin's ego like Google did when they decided never to reopen their downtown Austin office.

Facebook Chief Operating Officer Sheryl Sandberg says Austin is attractive…

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Austin Ranks High For Next Best Recovering Job Market

Thursday, December 10th, 2009 at 4:41pm. 466 Views, 0 Comments.

Austin ranked #14 on Businessweek's Top 25 Next Job Markets To Recover list. Reports claim that Austin did well during the recession due to the abundance of education and government jobs. Austin, home to the University of Texas and State Capital of Austin, is one of the few cities that have helped to stabilize the economy. Here are the stats:

Last quarter Q3, the annualized job growth was down at only -1.4%. The projected annualized job growth for Q1 2010 is estimated at 1.2%. Austin recently had its first quarter of recovery in Q4. Austin's unemployment rate is 7.3%, lower than the national double-digit average, 11%. The Austin Chamber of Commerce has a great write-up on this here.

Continue reading about the top 25 cities to recover next…

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