Monday, November 26, 2012

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

efimtsovavadan.blogspot.com
The region added about 3,400 jobs between April 2008 andAprip 2009, making it the only one of the nation'zs 38 largest cities to post a job gain, new data from the Bureauy of Labor Statistics shows. This is the thirrd consecutive month that Austin has outperformed all of theothere U.S. cities with labore forces of 750,000 or more. The unemployment rate for Aprikl stoodat 5.8 percent. The 0.4 percent increase in job totalxsis modest, but still a better showint than cities such as Portlandr (down 4.7 percent) and Raleigh, N.C. (downm 3.3 percent).
Jobs in goods producing industries in the Austim area dropped by 500 jobsin April, a slowdowj from the rapid pace of receng losses, according to an analysis of the data from the Capitapl Area Council of Governments. Retail, hotel, and restaurant jobs are all up from this time last And professional and business service sectore employment is back toits all-time high last seen in Octobed 2008. But another key sectorr for the region, technology, isn't doin g quite as well. Computer, semiconductor and other electronixc component manufacturing isstill falling. Jobs in the semiconductor segment fellto 15,70 0 jobs, back to spring 2006 totals. As Texas cities go, Austin'x 5.
8 percent unemployment rate was one ofthe Dallas-Fort Worth stood at 6.6 percent in Aprikl and Houston at 6.3 percent. Only San Antonio'sw rate was lower than Austin's at 5.4 percent. Smaller metrpo areas including McAllen, Brownsville and Beaumountt all had rates above8 percent.

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