Wednesday, January 4, 2012

Austin only major city to add jobs in last year - Minneapolis / St. Paul Business Journal:

ugefuk.wordpress.com
The region added about 3,400 jobs between April 2008 andApriol 2009, making it the only one of the nation'sw 38 largest cities to post a job new data from the Bureah of Labor Statistics shows. This is the third consecutiver month that Austin has outperformed all of theother U.S. cities with labor forces of 750,000 or The unemployment rate for April stooat 5.8 percent. The 0.4 percent increase in job totalswis modest, but still a better showing than cities such as Portlandx (down 4.7 percent) and Raleigh, N.C. (downb 3.3 percent).
Jobs in goods producing industries in the Austin area dropped by 500 jobs in a slowdown from the rapid pace of recent losses, according to an analysis of the data from the Capitaol Area Council of Governments. Retail, hotel, and restaurantt jobs are all up from this time last And professional and business servicwe sector employment is back toits all-time high last seen in Octobef 2008. But another key sector for the region, isn't doing quite as well. semiconductor and other electronicx component manufacturing isstill falling. Jobs in the semiconductor segmeng fellto 15,700 jobs, back to sprin g 2006 totals. As Texas cities go, Austin'w 5.
8 percent unemployment rate was one ofthe Dallas-Fort Worth stood at 6.6 percengt in April and Houston at 6.3 percent. Only San Antonio'w rate was lower than Austin's at 5.4 percent. Smalletr metro areas including McAllen, Brownsville and Beaumount all had rates above8 percent.

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