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Houston in the News

What are major media outlets saying about Houston? The conversation about H-Town has evolved in recent years as awareness of the city's tremendous quality of life, emerging tech and innovation scene and other attributes has grown. The Partnership is working to expand the conversation around these key attributes that will help advance the region's economic growth. Read some of the recent stories about the nation's most diverse major city and the Partnership's efforts to steer its prosperity.

Exxon to Move HQ to Houston, Merge Refining and Chemicals

Exxon Mobil Corp. will relocate its corporate headquarters to the Houston area from suburban Dallas and combine its chemical and refining divisions in a major shake-up aimed at reducing costs.

Houston for tourists? If you think that's a joke, the joke's on you

Have you ever been somewhere that was simply enjoyable? Good food, memorable attractions, a culture different from your own, and people who generally seemed happy to be living there?

Houston's economic fate no longer solely tied to oil and gas, Moody's report says

Houston remains the energy capital of the country, but a new Moody Analytics report indicates the Bayou City has diversified its industry portfolio enough to no longer rely solely on oil and gas.

Houston is winning the competition to establish tech hubs in Texas

HPE’s decampment to Houston offers a vivid snapshot of a new tech frontier where the energy industry, three major local universities, the world’s largest medical center, the mayor’s office, and the local tech ecosystem are working hand-in-hand to accelerate research in medicine, climate change and cloud computing.

Houston is uniquely equipped to lead: GHP lays out plan for energy transition

The good news, as the Greater Houston Partnership puts it, is the region could gain 560,000. But that all hinges on how the city and country move forward.

Report: How Houston could gain, lose jobs in a clean energy transition

As the "energy capital of the world," Houston's overall employment is significantly impacted by the energy industry. New research is shedding light on how Houston's economy could be impacted if the city doesn't lean into an energy transition to become the energy capital of the future.

Houston again recognized as a top major city of the future

A new study from the fDi Intelligence division of the Financial Times places Houston at No. 7 among the top major cities of the future for 2021-22 across North, South, and Central America. Among major cities in the Americas, Houston appears at No. 3 for business friendliness and No. 4 for connectivity.

Report: Houston ranks in the top 10 life sciences markets in the U.S.

In assessing Houston’s strength in life sciences, CommercialCafe says that “the resilient Texas powerhouse was lifted by the wave of emerging life sciences clusters across the U.S.” Two major projects are helping Houston maintain that powerhouse status. The Texas Medical Center (TMC) last year unveiled TMC3, a 37-acre, roughly 6 million-square-foot life sciences campus, and Houston-based Hines recently topped out the 270,000-square-foot first phase of the 53-acre Levit Green life sciences district next to TMC.

NRG Energy relocating headquarters to Houston

Texas is already home to the company’s largest employee and customer bases. With the acquisition of Direct Energy, which closed in January, NRG Energy decided it was time to simplify the company’s headquarters status. The company currently has more than 3,000 employees in the greater Houston region.

The City of the Future: Walkable, mid-sized and built for flexible work

Houston is using their assets and sharing that expertise to attract more development. The secondary intent is to become less of a high-traffic metro and more walkable by connecting this development to downtown.

Dear Austinites, you have permission to move to an affordable, weird city: Houston

You want live music? How about the world-class Houston Grand Opera, the symphony at Jones Hall, and Opera in the Heights? And if you’d prefer something more familiar to Austin sensibilities—a schlubby guy doing Oasis covers on his acoustic guitar, for example—may I suggest Hopdoddy Burger Bar in Rice Village? Moreover, Houston can claim genres of music almost totally lacking in Austin—think DJ Screw, or Paul Wall and the Southern rap spawned by Swisha House. Also, Beyoncé. 

fDi’s Global Cities of the Future 2021/22 — overall winners

Houston came in at No. 19 on 2021/22 fDi list, which ranks major global cities based on foreign direct investment. That’s up from No. 24 when the ranking was published in 2018/19. Houston was only one of two U.S. cities among the top 20 on the latest list, with New York ranking seventh. 

Axiom Space breaks ground on new Houston Spaceport HQ

The 22-acre Space Flight and Assembly Headquarters will be used to train private astronauts and for the production of the Axiom Station, which has been billed as
the world’s first free-flying, internationally available, private space station. The space station will be used for research manufacturing and commerce in low-earth
orbit.

The New Houston: Oil is no longer to reign as absolute monarch

Houston's economic base, demographics, and attitudes are changing. While oil and money were the prizes Houstonians eyed, they now value things like parks, walkability, and livability.

Chevron's offer to pay for staff to move to Houston signals growing focus on Texas

Chevron isn’t requiring employees to move to Texas, but its offer to cover employees’ relocation is another sign that Houston is a primary center of operations for the oil major.

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Economic Development

Talent Developers Have New Pipeline to Employers

7/25/22
Talent developers across greater Houston have a new tool to help them directly connect clients without bachelor’s degrees to employers specifically seeking to hire them. The tool, Stellarworx, is a robust talent marketplace designed exclusively for jobseekers Skilled Through Alternative Routes (STARs) – those other than a bachelor’s degree. Stellarworx is now available to help the Houston region’s 1.6 million STARs jobseekers join candidate pools for good jobs through a new collaboration between the nonprofit social enterprise organization Opportunity@Work, the American Petroleum Institute, Chevron, and the Partnership through its UpSkill Houston initiative. “We know that talent developers can struggle to identify players who are actively hiring STARs and spend months build relationships with employers and compete for a limited number of jobs available for STARs,” said Opportunity@Work’s Nicole Daniels in a recent meeting hosted by UpSkill Houston. “The employers on Stellarworx have chosen to come to us because they want to embrace skills-based hiring and they want to hire STARs, and they recognize the diverse skills and perspectives that STARs bring to the table.” STARs account for about 70 million workers nationwide (60 percent of the American workforce) and cut across all demographics and people groups, according to Opportunity@Work. They have developed skills employers seek and value through avenues including community college, military service, and on-the-job training, but are often screened out of talent searches because they do not hold a bachelor’s degree. Thanks to degree requirements used as proxies for skills – or what is called “the paper ceiling” – these workers only have access to about 26 percent of all new jobs created. The paper ceiling has long-lasting effects on workers’ earning power, as it takes a STAR 30 years to reach the wages of a recent college graduate.  Stellarworx is helping change this by providing talent developers an easier way to have their clients recognized by employers hiring for good jobs with good pay and opportunities for career advancement. All jobs posted on Stellarworx come with a minimum wage of $20 per hour, and they all must lead to a career pathway. The talent marketplace: Uses skills-based matching to identify employers and jobs best suited to enrolled STARs. Offers talent developers a one-stop-shop to aggregate labor market supply and demand information. Supports a healthy feedback loop between talent developers and employers to drive better client outcomes long term. Provides talent developers data and insights to track their clients’ career searches. The Stellarworx talent marketplace was launched in late 2020 is currently operating in three U.S. cities (and counting). More than 110 employers utilize the platform to find talent from its 2,100 talented STAR users. Opportunity@Work, which developed the platform, works to rewire the labor market open pathways for STARs to work, learn, and earn to their full potential.  “If they have the skills to do the job, they should be able to get the job,”  the organization’s Bridgette Gray said. Talent developers who are interested in learning more can contact Opportunity@Work’s Nicole Daniels directly at nicole@opportunityatwork.org.   Related: Recognizing Workforce STARs a Competitive Advantage The Partnership’s UpSkill Houston initiative works to strengthen the talent pipeline employers need to grow their businesses and to help all Houstonians build relevant skills and connect to good careers that increase their economic opportunity and mobility. Learn more.
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