President Obama is stopping by Austin on his nation-wide tour this Thursday, and will be meeting with local technology entrepreneurs and a chip making company. This visit is part of his “Middle Class Jobs & Opportunity Tour”, which starts in Austin. Obama is scheduled to stop at Manor New Tech High School, as well as…Read More→
The growing number of health care jobs in Central Texas helped nudge February’s jobless rate lower, according to a report released by the Texas Workforce Commission. Unemployment in Austin dropped 5.4 percent in February, which is down from 5.8 percent in January. The number of employed workers increased since this time last year, and the…Read More→
Texas has claimed the top three spots on Forbes’ “Best Cities for Good Jobs” list. At No. 3, Austin is noted for its large number of high-tech jobs and growing employment in the government, education, and construction sectors. With a 5-year expected annual job growth rate of 3.2%, and unemployment at 5.2%, Austin’s status as…Read More→
Driven by continued population growth and employment, the Austin economy should continue to outshine the rest of the nation. The question is, how much? Prognosticators estimate that the region’s employment rate will experience a 3% growth rate while adding approximately 70,000 new residents, totaling over 1.9 million in total. Retail sales are expected to surpass…Read More→
Austin, Tx is the 2nd highest-rated market in the U.S. for economic health. The report published by On Numbers Economic Index is based on worker earnings, private-sector job growth, unemployment rates, home appreciation, etc. Oklahoma claimed the number one spot while Austin was 2nd with 7.1% employment rate since 2007. Austin No. 2 in Economic…Read More→
Although the nation has lost over 170,000 small businesses in the first years of the economic recession, Austin surprisingly gained up to 918 new businesses.