Houston among the best cities for jobs
Despite a run of bad news in the energy industry, the Bayou City remains one of the best cities for jobs in the country, according to a new report from Glassdoor.
All four of Texas' major metro areas landed in the Top 25 of the site's rankings, with two in the Top 10. Houston leads the Lone Star State in the cost of living category, coming in eighth nationally. With the recent troubles in the oil market and massive layoffs, the city's hiring opportunity and job satisfaction rate are not as strong, ranking 32 and 27 respectively. Austin leads the state in both of those categories.
Those rankings are part of Glassdoor's "25 Best Cities for Jobs" report. The careers website ranked the 50 most populated U.S. metros using a Glassdoor Job Score that was based on three factors: hiring opportunity, cost of living and job satisfaction. The best score is a 5; the worst is a 1. See the top 25 above.
Glassdoor defines hiring opportunity as the ratio of active job openings to population, based on the number of listings on Glassdoor and population data from the U.S. Office of Management & Budget.
Glassdoor's cost of living is the ratio of median base salary to median home value. Median base salaries are based on salary reports posted to Glassdoor between April 28, 2014 and April 27, 2015. Metros must have at least 1,000 salary reports during that time. Median home value data comes from the Zillow Home Value Index for All Homes, as of March 2015.
Job satisfaction ratings are based on company reviews shared on Glassdoor between April 28, 2014 and April 27, 2015. Metros must have at least 1,000 reviews during that time. The best score is a 5; the worst is a 1. Houston is growing its corporate housing market as well and all due there was a report on job growth decrese the furnished apartment market is booming and more and more proffesionals are already booking corporate units ahead .