Molding Top Talent, Attracting the Best
The ideas, innovations and skills of Texas’ workforce propel companies to their next levels 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 1.57 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 14 million is further bolstered by new residents, as Texas leads the nation in population growth for 10 straight years.
Texas is home to the nation’s second-largest workforce, and maintains a low unemployment rate.
- Growing Population
- Higher Education
- Workforce Development
The Fastest Growing State in the U.S. for 10 Years
Over 14 million strong, Texas’ civilian workforce is the second largest in the nation and continues to be the fastest growing.
U-Haul saw more incoming one-way truck rentals to Texas than any other state in 2016, 2017 and 2018. As talent flocks to the state, Texas’ population grew by more than 367,000 in 2019 alone and brought the total number of residents to nearly 29 million. Texas’ population growth is the strongest among large states with populations over 10 million, both in terms of numeric change and percent change, and shows no sign of slowing down. As the entire state grows, Houston remains the fourth largest city in the U.S. and Dallas-Fort Worth-Arlington the fourth largest metro.
Leading Institutions Educate 1.57 Million Students
Top ranked private colleges to some of the largest public universities, higher education is producing top talent across Texas.
Texas’ 148 higher education institutions vary in size and program specializations but are all united by one commonality: topping the rankings of U.S. News & World Report. Six— Rice University, The University of Texas at Austin, Southern Methodist University, Texas A&M University, Baylor University and Texas Christian University—are ranked in the top 100 nationally. Several institutions are top-ranked for specialty areas, including The University of Texas at Austin and Texas A&M University tying for the nation’s best undergraduate petroleum program.
$48M Available Annually for Customized Training
State-funded grants ensure companies have a workforce trained with the skills their industry requires to stay competitive.
When energy distributor CoServ experienced rapid growth, a $161,000 grant from the Texas Skills Development Fund helped the company partner with North Central Texas College to train 143 employees for electrical roles. The fund is Texas’ premier job-training program, providing customized training opportunities for businesses and workers to increase skill levels. This $48 million fund is administered by the Texas Workforce Commission and collaboratively executed between businesses, the public community and technical colleges, Workforce Development Boards and economic development partners.
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