Austin to Recover Quickly From Recession

Forbes.com recently named the best and worst cities for recession recovery. Cities in some states, such as California, could take years to recover. But Forbes says Austin (including Round Rock) is one of the country's cities best poised for a quick recovery.

Forbes calculated which cities were best geared for recovery by analyzing unemployment levels, projected gross domestic product, incomes and affordability data.

Forbes says one reason why Austin (and several other Texas cities) have survived well is because we were not involved in the housing bubble that occurred in states such as California, Nevada and Florida, so we didn't experience the burst they did. The fact that we have a diverse economy with growth in the education and health care fields gave us a great advantage. "From now to the end of 2010, the economy of Austin is projected to grow by $5 billion," Forbes says.

In April, Forbes also declared Austin as the best big city for jobs. Are you job searching? Read this list of the best places to find Austin jobs online.