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Houston becomes job capital of Texas with highest number of openings in the state

New study shows Houston has more job openings than any other Texas city. Photo by Tim Leviston/Getty Images

As all good Houstonians know, the Bayou City reigns as the energy capital of the world. But, as it turns out, Houston also ranks as the job capital of Texas.

In October, a daily average of 4,188 job openings were listed in Houston — more than any other place in Texas. That's according to a review by data-mining company Thinkum of online job postings at thousands of companies.

In terms of the sheer number of daily job postings, Houston ranked fifth among U.S. cities in October, according to Thinkum. Seattle held the No. 1 spot (10,291 average daily job listings).

Thinkum's top 20 also included Austin (No. 6), with a daily average of 3,227 job postings, and Dallas (No. 12), with 2,685.

The abundance of job listings in Houston can be attributed, in part, to its status as one of the top U.S. metro areas for corporate relocations and expansions, as ranked by Site Selection magazine. In 2017, the Houston welcomed 196 new and expanded corporate facilities.

"Houston is the most diverse city in the U.S. and companies thrive in our region. We are powered by a highly skilled and well-trained talent base that enjoys an excellent quality of life," Bob Harvey, president and CEO of the Greater Houston Partnership, said in March.

Career website LinkedIn says hiring in the Houston metro area climbed 14.3 percent in September 2018 compared with September 2017. On a seasonally adjusted basis (removing predictable variations for seasonal hiring), hiring went up 0.8 percent from August to September, according to LinkedIn.

That's good news for the Houston area, as the unemployment rate in September was 4.1 percent, according to the U.S. Bureau of Labor Statistics, compared with 3.4 percent in Dallas-Fort Worth and 2.9 percent in Austin.

A February report from Taylor Smith Consulting noted that the Houston economy had been in recovery mode after the collapse in oil prices and in the wake of Hurricane Harvey. However, one expert says Houston has now mostly bounced back from the economic slump.

Helping fuel Houston's economic recovery are initiatives like Houston Exponential, a new nonprofit designed to accelerate startup growth and, as a result, job growth. Formation of Houston Exponential was announced in October.

"The world calls Houston a knowledge capital because of the incredible concentration of ideas and innovation in our great city," Houston Mayor Sylvester Turner said in October. "Technology innovation and a vibrant startup community are key drivers to Houston's present as well as our future. Through [Houston Exponential], we will create new, high-paying jobs, grow our startup and technology community, make accessing entrepreneurship capital available to all of our citizens, improve our quality of life, and lead this culture of innovation that inspires each and every one of us."

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This story originally appeared on CultureMap.

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Building Houston

 
 

Houston-based Liongard has fresh funding to work with. Photo via Getty Images

A Houston software company has announced its latest funding.

Liongard, an IT software provider, has raised an additional $10 million led by Updata Partners with contribution from TDF Ventures — both existing investors in the company. The funding, according to a news release, will go toward providing the best customer service for Liongard's growing customer base.

The technology is providing managed service providers, or MSPs, improved visibility across the IT stack and an optimized user experience.

“Since working with our first MSP partners, we’ve seen time and again the power of visibility into IT data, reducing the time they spend researching customer issues and allowing them to respond faster than their peers,” says Joe Alapat, CEO and co-founder of Liongard, in the release. “This investment enables us to continue to achieve our vision of delivering visibility into each element of the IT stack.”

The company has about 2,000 partners in support of more than 60,000 end customers. And has been recognized as a top employer by Forbes and Inc. magazine earlier this year.

“We are excited to deepen our commitment with Liongard,“ says Carter Griffin, general partner at Updata, in the release. “With its leading data platform for MSPs we expect continued fast-paced growth.”

Liongard's last funding round was in May of 2020 and was a $17 million series B round. Both Updata Partners and TDF ventures were involved in that round. The company's total funding now sits at over $30 million.

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