Austin Job Postings Report March 2020

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Austin - Round Rock - San Marcos MSA
(February 14, 2020 - March 13, 2020)
austinchamber.com/jobpostings

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Posted on 04/17/2020 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.
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 27,200 net new jobs, or 2.5% in the 12 months ending in March 2020, making Austin the 6th fastest growing major metro. From February to March, job growth was negative for 40 of the top 50 metros, including Austin, which lost 6,900 or 0.6% (or 8,400 or 0.7% on a seasonally adjusted basis).
There were approximately 64,700 Available Job Postings during the March 2020 monthly reporting period, an increase of 2,200 postings compared to the previous month.
18 percent or about 11,900 of the Available Job Postings during the March reporting period fell under Computer and Mathematical Occupations followed by Management Occupations which represents about 13 percent or 8,400 of postings.
According to the Texas Workforce Commission, the Austin MSA reported an unemployment rate of 3.5% or 44,000 unemployed in March 2020, an increase of 10,500 unemployed people when compared to the previous month. The unemployment rate was 2.6% or 33,400 unemployed in February 2020. The current civilian labor force for the Austin MSA in February 2020 was 1,240,100.
37 percent or 23,700 of all Available Job Postings pay an annual median wage of between $30,000 to $65,000 in the Austin MSA for March 2020. Of the 23,700 posted jobs in this category and pay range, 19 percent or about 4,700 would require more than a high school diploma but less than a bachelor's degree while 62 percent or 14,800 would require a high school diploma or less.
There are about 492 "Work from Home" Available Job Postings in March 2020. Most are in industries related to Insurance Carriers, Software Publishers, Business Support Services, Management Scientific, and Technical Consulting Services, Medical Equipment and Supplies Manufacturing, Scientific Research and Development Services and Depository Credit Intermediation.
More jobs ahead. Companies have recently announced expansion plans in the Austin MSA, representing about 92 jobs. The expansion list includes Overhaul, Ooni, Novel Coworking, Membersy, Medici, Flex Health and Center for Autonomous Robotics.

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 March 2015 through March 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 March 2020 would be the sum of all posted ads from February 14, 2020 to March 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 February 14, 2020 to March 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 February 14, 2020 to March 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 February 14, 2020 to March 13, 2020.

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

Related Categories: Education and Talent