In cities like San Francisco, tech industry job seekers are increasingly looking for new jobs outside the area, where their dollar stretches further.
But in Austin, most tech industry workers looking for new jobs want to stay put, according to a study by jobs site Indeed.
This news shouldn’t surprise any Austinites -- we know people move here and have a tendency to stay, as evidenced by our clogged roads and standstill highways.
Indeed reports that over the past five years, Austin has seen the largest decrease in outbound job searches among tech hub cities, such as Seattle and Boston.
According to Indeed’s analysis:
- Thirty-four percent of all job seekers located in Austin are looking outside the metro area for a job. But this is a decline of 33 percent over a five-year period.
- Thirty-three percent of job seekers just in the tech industry located in Austin are looking for jobs outside the metro area, a decline of 28 percent over a five-year period. This is the lowest percentage of tech job seekers interested in leaving their city among all the tech hubs.
- Lots of people want to move here - both in and outside of the tech industry. Austin has the highest growth in both overall inbound job search and inbound tech job search.
- The average job tenure for an Austin software engineer is six months longer than their counterpart in San Francisco.
Indeed notes that when adjusted for the cost of living, a tech worker in Austin is making the second-highest wage in the nation.
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