Austin Job Postings Report January 2023

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Austin - Round Rock - San Marcos MSA
(December 14, 2022 - January 13, 2023)
austinchamber.com/jobpostings

Not for citation or circulation without permission from the Austin Chamber of Commerce

Posted on 02/17/2023 by Erica Colston

Edited by Gilbert Zavala

Insights

This edition uses Lightcast’s Developer tool which deduplicates job postings more accurately. Developer codes job postings to SOC 2018 occupational codes, allowing for more granular reporting on occupational trends. This report previously used the Labor Insight tool which is being phased out by Lightcast, but continues to use HWOL datasets aligned with mid-monthly unemployment figures.

Job Postings measured in this report refer to the employers who are actively advertising online, it is not a representation of Job Openings, which measures all positions that are open (not filled) on the last business day of the month.

There were approximately 68,900 Available Job Postings during the January 2023 monthly reporting period, a decrease from 73,300 postings when compared to December 2022. There were 23,809 New (first-time) Job Postings, a decrease of 251 first-time postings when compared to the previous month. New (first-time) Job Postings in January 2023 represented 35 percent of all Available Job Postings – a 2 percent increase compared to the prior month. New Job Postings in the Austin metro increased slightly compared to the prior month, while Dallas and Houston metros’ New Job Postings decreased slightly.

Approximately 13 percent or 8,831 of all Available Job Postings during the January 2023 reporting period fell under Management Occupations while 8,236 Available Job Postings fell under Healthcare Practitioners and Technical Occupations, showing continued strong demand for experienced or senior talent in our region. Healthcare Practitioners and Technical Occupations overtook Computer and Mathematical Occupations on this edition.

There are currently about 4,185 postings indicating vaccination requirements, or mentions of vaccination requirements, a decrease of 115 postings compared to the previous month. Most of the vaccination mentions are posted by companies like KPMG, Accenture, UnitedHealth Group, US Oncology, and Compass Group.

6,455 postings offered "signing bonuses," an increase of 593 postings when compared to the previous month.

Forty-six percent or 31,715 of Available Job Postings pay an annual median wage between $30,000 to $65,000. Of these, 56 percent or 17,819 will require a high school diploma as the entry-level education, and 15 percent or 4798 will require at least a bachelor's degree.

Among the Top 25 Job Postings, demand increased for occupations in the Maids and Housekeeping Cleaners, Stockers and Order Fillers, and First-Line Supervisors of Food Preparation and Serving Workers groups, which do not typically require postsecondary education. These occupations overtook Management Analysts, Automotive Service Technicians & Mechanics, and Computer Systems Analysts, which require some form of postsecondary education typical for entry-level qualification, compared to the prior month. This accounts for the downward shift in overall postsecondary educational requirements among the Top 25 Job Postings.

There are about 1,020 internship positions posted, in-person or remote. The top three companies with the most postings are Advanced Micro Devices, Amazon, and Texas Department of Transportation.

According to the U.S. Bureau of Labor Statistics, the Austin MSA reported the lowest unemployment rate in the state again, at 2.7% in December 2022. The total number of unemployed in the Austin MSA is about 36,800. In December 2022, there were 32,079 more available job postings than the unemployed.

In January 2023, the Austin region saw a total of about 330 jobs announced through new relocations or expansion plans. 1E (London, UK) has announced new location plans, creating over 29 new jobs in Austin. The expansion list representing over 301 jobs includes CMIT Solutions, Longevity Partners, SAM, Texas Mutual Insurance, and Transfinder.

The following job market report is designed to provide insight into current employer demands, skills, and occupations in the Austin MSA.

Typical Entry-Level Educational Requirements

The chart below lists the percentage breakdown of the Typical Entry-Level Educational Requirements for the Available Job Postings in the Austin–Round Rock–Georgetown MSA from December 14, 2022 to January 13, 2023.

Source: The Conference Board®-Lightcast ® Help Wanted OnLine® (HWOL) Index, The Conference Board®-Lightcast® Help Wanted OnLine® (HWOL) Data Series, and Bureau of Labor Statistics.

Monthly Job Posting Trends

The chart below shows the Monthly Ad Trends under Available Job Postings and New (first-time) Job Postings in the Austin-Round Rock-Georgetown MSA from January 2017 through January 2023.

Source: The Conference Board®-Lightcast ® Help Wanted OnLine® (HWOL) Index, The Conference Board®-Lightcast® Help Wanted OnLine® (HWOL) Data Series, and Bureau of Labor Statistics. Note: Any discrepancies to the total Available Job Postings and New Job Postings stated above for the reference period are because some ads are not classified to an occupational code. The data for January 2023 would be the sum of all posted ads from December 14, 2022 to January 13, 2023. This reference period is aligned to the Bureau of Labor Statistics (BLS) unemployment job search time period to provide a more accurate comparison of labor supply and labor demand.

Top 25 Skills in Greatest Demand

The table below lists the Top 25 Skills in Greatest Demand under Available Job Postings in the Austin–Round Rock–Georgetown MSA from December 14, 2022 to January 13, 2023.

Source: The Conference Board®-Lightcast ® Help Wanted OnLine® (HWOL) Index, The Conference Board®-Lightcast® Help Wanted OnLine® (HWOL) Data Series, and Bureau of Labor Statistics.

Top 25 Certificates in Greatest Demand

The table below lists the Top 25 Certificates in Greatest Demand under Available Job Postings in the Austin–Round Rock–Georgetown MSA from December 14, 2022 to January 13, 2023.

Source: The Conference Board®-Lightcast ® Help Wanted OnLine® (HWOL) Index, The Conference Board®-Lightcast® Help Wanted OnLine® (HWOL) Data Series, and Bureau of Labor Statistics.

Top 25 Employers

The table below lists the Top 25 Employers that posted the most Available Job Postings in the Austin–Round Rock–Georgetown MSA from December 14, 2022 to January 13, 2023.

Source: The Conference Board®-Lightcast ® Help Wanted OnLine® (HWOL) Index, The Conference Board®-Lightcast® Help Wanted OnLine® (HWOL) Data Series, and Bureau of Labor Statistics.

Related Categories: Education and Talent