The ideas, innovations and skills of Texas’ workforce propel companies to their next level of success.
In his University of Texas at Austin dorm, Michael Dell founded what would become a Fortune 50 company. That entrepreneurial spirit is alive today at the 148 higher education institutions across the state that enroll more than 1.45 million students—many of whom stay to start their careers in Texas. In fact, Houston and Dallas-Fort Worth retain 76% and 72% of their two- and four-year institution graduates, respectively. The state’s civilian workforce of more than 15 million is further bolstered by new residents, as Texas leads the nation in population growth for 10 straight years.
In 2021, Texas became tied with California for the most Tier 1— also known as the R1 designation through the Carnegie Classification of Institutions of Higher Education — universities in the nation. The presence of these recognized research schools is key to providing high-quality talent in Texas.
Our large, skilled, and diversified workforce is one of the big reasons why Texas is the best state for business. The robust workforce development and training resources available here are a critical factor in the high quality of life in Texas, which attracts so many new residents and businesses.
After all, if Texas were a country, it would count as the world’s 9th largest economy. The extraordinary opportunities for business growth, along with various Texas incentives, including low taxes, is why so many companies are now relocating to the Lone Star State.
The evidence is clear that when it comes to Texas strength and economic development, we are heading in the right direction.
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Read how industry-leading companies of all sizes are finding their advantage in Texas.
