From November 2007 to November 2008, roughly 70% of new jobs in the U.S. were created in Texas, many right here in our region. As a result, Texas has been relatively unscathed by the job losses and foreclosures that have rocked the rest of the country. Until now, that is.
Last week, our state comptroller announced that she expects job loss in the state to move into the tens of thousands within the next six months. So bad news is being projected, but...our state still leads the nation in exports, job creation and Fortune 500 companies. And, from what I can tell, unless you are a healthcare provider, technology is the place to be.
Higher Average Salaries
Search Technology, a Houston-based tech recruitment firm and TechFest sponsor, projects that the hiring of computer science/ information technology professionals will continue to gain momentum, especially in the Energy Sector. Houston salaries have traditionally been 5-10% above national average and I am sure that the energy/oil and gas industry has been a big part of that.
You might not remember this, but the 1980's weren't all that great for Texans... the textile industry, oil & gas, real estate... the bottom just fell out for a while.
But it seems we learned our lesson and so thanks to the state's commitment to economic development and the emphasis local leaders have placed on technology (nanotechnology, biotechnology, energy), it is possible that this time, the recession won't hurt Texans quite as much.
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For information about Computer/ Information Technology courses offered through the Business and Social Sciences Division:
Field of Computer Science
Information Technology
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