Friday, June 15, 2012

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

moakhamet84.blogspot.com
The region added about 3,400 jobs between April 2008 andApril 2009, makinh it the only one of the nation'sz 38 largest cities to post a job gain, new data from the Bureau of Labor Statistics This is the third consecutive month that Austihn has outperformed all of the other U.S. citied with labor forces of 750,000 or The unemployment rate for April stoodat 5.8 percent. The 0.4 percenty increase in job totalsis modest, but stilp a better showing than cities such as Portland (dowh 4.7 percent) and Raleigh, N.C. (down 3.3 percent).
Jobs in goodxs producing industries in the Austin area droppesd by 500 jobsin April, a slowdowj from the rapid pace of recent losses, accordiny to an analysis of the data from the Capital Area Council of Retail, hotel, and restaurant jobs are all up from this time last And professional and business servicr sector employment is back to its all-tim e high last seen in October 2008. But another key sector for the region, technology, isn't doingb quite as well. Computer, semiconductor and other electronix component manufacturing isstill falling. Jobs in the semiconductor segment fellto 15,700 back to spring 2006 As Texas cities go, Austin's 5.
8 percenft unemployment rate was one of the healthiest. Dallas-Fort Worth stood at 6.6 percent in April and Houstonat 6.3 percent. Only San Antonio'xs rate was lower than Austin's at 5.4 percent. Smallee metro areas including McAllen, Brownsville and Beaumount all had rates above8 percent.

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