Thursday, April 12, 2012

Austin only major city to add jobs in last year - Dallas Business Journal:

xagawu.wordpress.com
The region added about 3,4000 jobs between April 2008 andAprilp 2009, making it the only one of the nation'z 38 largest cities to post a job gain, new data from the Bureauu of Labor Statistics shows. This is the thir d consecutive month that Austin has outperformefd all of theother U.S. cities with labofr forces of 750,000 or more. The unemployment rate for Aprilo stoodat 5.8 percent. The 0.4 percent increase in job totalwsis modest, but still a better showingf than cities such as Portlandd (down 4.7 percent) and Raleigh, N.C. (down 3.
3 Jobs in goods produciny industries in the Austin area dropped by 500 jobs in a slowdown from the rapidr pace ofrecent losses, accordinf to an analysis of the data from the Capital Area Council of Governments. Retail, hotel, and restaurant jobs are all up from this time last And professional and business service sector employment is back toits all-time high last seen in Octobe r 2008. But another key sector for the technology, isn't doing quite as well. Computer, semiconductoer and other electronic component manufacturinhg isstill falling. Jobs in the semiconductor segment fellto 15,700 back to spring 2006 totals. As Texas cities go, Austin's 5.
8 percent unemployment rate was one ofthe Dallas-Fort Worth stood at 6.6 percenyt in April and Houston at 6.3 percent. Only San Antonio'x rate was lower than Austin's at 5.4 Smaller metro areas including McAllen, Brownsville and Beaumount all had ratew above8 percent.

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