San Jose ranks high for job-seekers and start-ups
As the 10th largest city in the US, San Jose has earned a place near or at the top in a large number of national polls, on subjects ranging from housing costs to walkability. Two recent round-ups speak strongly to the solid advantages the city offers start-up businesses and employees – Indeed’s ranking of best cities for job seekers, and Home Business Magazine’s list of the best cities to start a business.
San Jose was ranked #1 nationally for job-seekers by Indeed, the world’s leading job site. Here is what they said about San Jose:
“San Jose fared well on last year’s list for job seekers as well, coming in sixth. This year, San Jose was the top ranked city for job market favorability, third for work/life balance and fifth for job security and advancement. San Jose ranked lower on salary, coming in 35th.
San Jose, home of Silicon Valley, is known as the tech capital of the US. True to this, computer and mathematical occupations make up 12% of all jobs in the San Jose metro area, compared to a national average of less than 3%, according to the Bureau of Labor Statistics (BLS). Major employers in San Jose include tech companies like Apple and Cisco, as well as the County of Santa Clara, and Stanford University. Second ranked San Francisco is only an hour away, making this region a jobs powerhouse.”
When it comes to the right environment for starting a business, San Jose made the list compiled by Home Business Magazine, which noted research by Statistic Brain, showing that 50% of startups will fail after five years. Fortunately, the stock market and economy are in a forgiving mood for now, as most economists predict the economy to grow by 2.7% this year. San Jose boasts a startup growth beyond 115% and has the educated workforce as well as the tech ecosystem of universities, researchers, fabricators, manufacturers and major brands that drives innovation.