Looking for finance jobs in the U.S.? Then you may want to look in the south – the deep south. According to a number of recent reports and studies, Texas is the top state in the country as far as new jobs go. Better yet, many of the jobs being created in Texas are in the finance industry. So if you're willing to move as a result of your job hunt, now you know where to look. When it comes to the economy and the finance industry, Texas seems to be the place to be.
For instance, Dallas News reported last month – citing data from the U.S. Bureau of Labor Statistics – that Texas ranked 1st in the entire nation for the amount of jobs added during July. Texas ranked 2nd during June, as well, showing that this is no fluke – job creation is a trend in Texas. It's constant. Mike Wolf, an economist at Wells Fargo, even told the news outlet that Texas' #1 ranking was "no surprise." That may be because Texas is also ranked #1 when it comes to job creation over the course of the past 12 months.
"I do think 2014 is very much poised for a record year [in terms of job creation," Wolf told the Dallas News. "I actually thought there may be a bit of easing because job growth at the end of 2013 slowed, but so far this year that hasn't continued. All signs point to the state continuing at this pace."
Who has been hiring for finance jobs in Texas?
Another recent report from the Dallas News elaborated on the findings, noting that there is "help wanted [for] financial services jobs of all kinds." Finance and insurance jobs are among the most in-demand across the entire state. Financial employment has increased by more than 12 percent in Texas since 2010, according to the report.
"I had a resume posted in Oklahoma City for six months on job websites and got one call," Julie Gray, now a Texas resident, explained to the news outlet. "I changed my address to Dallas and had six calls for jobs the same day."
Clearly, jobs are available across the entire finance industry in Texas. However, some positions are particularly hot. For instance, My San Antonio recently reported that auditing and accounting jobs are among the 15 fastest growing positions in the state. Citing data from the Texas Comptroller of Public Accounts, the news outlet noted that people in those positions currently receive median hourly earnings of more than $30. So if you're looking for careers in finance, you can trust they're available in Texas – and at great rates of pay, too.
"We've been saying for a long time that Dallas is a center for the financial services and insurance industry," Pia Orrenius, a senior economist at the Federal Reserve Bank of Dallas, told the Dallas News. "These are good-paying, white-collar jobs. These are the kind of jobs people want."