In the beginning of 2022, it appeared like Texas had a variety of tech-hiring momentum behind it. Dallas, Houston, and Austin have been attracting important quantities of tech-related funding, and firms have been transferring to the Lone Star State to reap the benefits of a business-friendly tax code and a large pool of tech expertise.
As we go the yr’s midpoint, is Texas sustaining that momentum? Based on the most recent CompTIA tech job report, the reply to that query is a certified “sure.” In July, firms provided up some 55,235 tech-related job postings within the state, simply behind California (64,856) and properly forward of third-place New York (25,089). Nevertheless, Texas-centric job postings additionally declined month-over-month. Try the total chart:
This information sparks an enormous query: Can Texas proceed to draw tech firms (and technologists)? Historic traits appear in its favor: Since 2020, various tech giants have erected both a brand new headquarters or a significant facility within the state, together with Oracle, Apple, Hewlett-Packard, and Tesla. However the enterprise of a state authorities isn't achieved; different states are more than pleased to draw tech funding through tax breaks and different favorable insurance policies. Different states additionally boast their very own pipelines of contemporary expertise from native colleges, in addition to strong infrastructure for funding and trade networking.
In the meantime, predictions of California’s demise as a tech hub appear overblown. Through the pandemic, many technologists (and tech firms) introduced they have been leaving the state, bored with excessive taxes, actual property costs, and what they seen as extreme regulation. However California’s pull on the nation’s tech trade stays large, and it’s clear that firms within the state stay hungry for all types of tech expertise—and that they’re keen to pay huge salaries to get it.