Wednesday, June 29, 2005

More Jobs For San Antonio

After speculation that Washington Mutual might locate its regional operations headquarters in Dallas, Washington Mutual announces San Antonio will be its new home.

This will create 4,200 more jobs in the city over the next 7 years and most importantly will facilitate new high paying jobs.
The jobs are expected to be highly paid, between $30,000 and $40,000 a year, which is why elected officials have been eager to support the proposal.
Now San Antonio can brag about Washington Mutual, Toyota, and the new Texas A&M campus. This will also increase the push for the PGA and create a larger need for fixing the cities roads and freeways. This is an overwhelmingly good thing for the city as a whole, but if a city manager/planner isn't hired soon this rapid growth could easily backfire.


At 8:49 PM, Blogger Cabot said...

Yes, but let's not forget that after about 2 or 3 years, and probably after thousands of dollars in raises and promotions, our fellow San Antonians may become victims of the "downsizing" and lay-offs that tend to occur when too many employees actually start making more than minimum wage.


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