Austin Job Postings Report January 2020

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Austin - Round Rock - San Marcos MSA
(December 14, 2019 - January 13, 2020)
austinchamber.com/jobpostings

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Posted on 02/19/2020 by Kwee Lan Teo

Insights

NOTE: During 2019, The Conference Board Help Wanted OnLine® (HWOL) program changed its data source (such as adding Glassdoor and Indeed). While the HWOL series has maintained consistency in its methodology, the differences between the two data sources will impact the July 2019 report henceforth. The Job Postings Reports from August 2019 to December 2019 will be posted at a later date.
Job Postings measured in this report refers 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.
Austin added 37,800 net new jobs, or 3.5% in the 12 months ending in December 2019, making Austin the 2nd fastest growing major metro.
There were approximately 61,000 Available Job Postings during the January 2020 monthly reporting period. About 500 internships were posted in the region, with IBM, Kendra Scott and Q2EBanking posting the most ads.
23 percent or about 11,450 of the Available Job Postings during the January reporting period fell under Computer and Mathematical Occupations followed by Management Occupations which represents about 15 percent or 7,700 of postings.
According to the Texas Workforce Commission, the Austin MSA reported an unemployment rate of 2.4% or 30,000 unemployed in December 2019, an decrease of 1,400 unemployed people when compared to the previous month. The unemployment rate was 2.5% or 31,400 unemployed in November 2019. The civilian labor force for the Austin MSA in December 2019 was 1,235,900.
36 percent or 21,900 of all Available Job Postings pay an annual median wage of between $30,000 to $65,000 in the Austin MSA for January 2020. Of the 21,900 posted jobs in this category and pay range, 21 percent or about 4,500 would require more than a high school diploma but less than a bachelor's degree while 61 percent or 13,500 would require a high school diploma or less. There are about 230 apprenticeship positions available for in this pay range and are mostly for Electricians, Plumbers-Pipefitters, and Steamfitters, Carpenters and Glaziers. Of the top 10 posted occupations or approximately 7,800 postings, in this annual median wage range of $30,000 to $65,000 category, nine of these posted occupations require an entry level education of less than an associate's degree but may require some years of related work experience or on-the-job training to attain competency in the occupation.
More jobs ahead. Companies have recently announced new location or expansion plans in the Austin MSA, representing about 470 jobs. The expansion list includes Wheel, WEXCO, Spotlight, Red Horn Brewery, Kronologic, Four Hands, Flash Parking, Astute Electronics and ArtCraft Entertainment. Employers such as QuestionPro (San Francisco, CA), Citadel Securities (Chicago, IL) and Boston Consulting Group (Boston, MA) are the companies that have announced new location plans in Austin.

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

Monthly Ad Trends

The chart below shows the monthly total volume of online ads posted in the Austin-Round Rock-San Marcos MSA from January 2015 through January 2020.

Source: The Conference Board® Burning Glass® Help Wanted OnLine™ (HWOL)

Note: Any discrepancies to the total Available Job Postings stated above for the reference period is due to the fact that some ads are not classified to an occupational code. The data for January 2020 would be the sum of all posted ads from December 14, 2019 to January 13, 2020. 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 chart below lists the top 25 skills in greatest demand for the Available Job Postings in the Austin–Round Rock–San Marcos MSA from December 14, 2019 to January 13, 2020.

Source: The Conference Board® Burning Glass® Help Wanted OnLine™ (HWOL)

Skills in Greatest Demand provides a real-time view of skills in demand by employers.

Top 25 Certifications in Greatest Demand

The chart below lists the top 25 certifications in greatest demand for the Available Job Postings in the Austin–Round Rock–San Marcos MSA from December 14, 2019 to January 13, 2020.

Source: The Conference Board® Burning Glass® Help Wanted OnLine™ (HWOL)

Certifications in Greatest Demand provides a real-time view of certifications in demand by employers.

Top 25 Employers

The chart below lists the top 25 employers in the Austin-Round Rock-San Marcos MSA that posted Available Unique Ads from December 14, 2019 to January 13, 2020.

Source: The Conference Board® Burning Glass® Help Wanted OnLine™ (HWOL)

Related Categories: Education and Talent