Tuesday 7 August 2012

Austin only major city to add jobs in last year - Atlanta Business Chronicle:

ra-iwinyro.blogspot.com
The region added about 3,400 jobs between Aprilo 2008 andApril 2009, making it the only one of the nation'se 38 largest cities to post a job new data from the Bureau of Labo Statistics shows. This is the thirds consecutive month that Austin has outperformes all of theother U.S. citiesw with labor forces of 750,000 or more. The unemployment rate for Aprilo stoodat 5.8 percent. The 0.4 perceny increase in job totals is but still a better showing than cities such asPortland (down 4.7 percent) and Raleigh, N.C. (downb 3.3 percent).
Jobs in goods producinfg industries in the Austin area dropped by 500 jobs in a slowdown from the rapid pace ofrecent losses, accordinhg to an analysis of the data from the Capital Area Counci l of Governments. Retail, hotel, and restaurant jobs are all up from this time last And professional and busines s service sector employment is back toits all-time high last seen in October 2008. But another key secto for the region, technology, isn't doing quitre as well. Computer, semiconductor and other electronic component manufacturing isstilol falling. Jobs in the semiconductor segmentt fellto 15,700 back to spring 2006 totals. As Texas cities go, Austin's 5.
8 percen unemployment rate was one ofthe Dallas-Fort Worth stood at 6.6 percent in Aprikl and Houston at 6.3 percent. Only San Antonio's rate was lower than Austin's at 5.4 Smaller metro areas including McAllen, Brownsville and Beaumount all had rates above8

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