Austin Job Postings Report October 2020

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

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Posted on 11/10/2020 by Kwee Lan Teo

Insights

Due to a comprehensive revision of the HWOL Index and HWOL Data Series, there will be changes in the volume as a result of this revision. The majority of the change in volume was caused by the removal of the bulk of the anonymous ads. Please note that the HWOL Data Series has been revised back to January 2015.

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.
There were approximately 62,500 Available Job Postings during the October 2020 monthly reporting period, an increase of 6,000 postings compared to the previous month. There were 25,100 New (first-time) Job Postings in October 2020, representing 40 percent of Available Job Postings.
14 percent or about 8,700 of the Available Job Postings during the October reporting period fell under Computer and Mathematical Occupations. There were 3,200 New (first-time) Job Postings for Computer and Mathematical Occupations, most were for Software Developers-Applications.
While there has been a decrease in ad postings for Human Resources Specialists since February 2020, there has been an increase in ad postings for occupations related to services that reflect the current needs of the community and businesses.
Occupations like Personal Care Aides, Driver/Sales Workers, Web Developers, Janitors and Cleaners, Except Maids and Housekeeping Cleaners, Combined Food Preparation and Serving Workers, including Fast Food, Laborers and Freight, Stock, and Material Movers, Hand, Maintenance and Repair Workers, General and Retail Salespersons have seen an increase in ad postings over the past few months.
According to the Texas Workforce Commission, the Austin MSA reported an unemployment rate of 6.4% or 80,800 unemployed in September 2020, a increase of 10,400 people unemployed when compared to the previous month of August 2020. When compared to September 2019, there are 48,000 more people unemployed this September. The unemployment rate was at a lower 5.5% or 70,400 unemployed in August 2020.
The top 5 New (first-time) Job Postings in October 2020 were for Software Developers-Applications, Sales Representatives-Wholesale and Manufacturing, Retail Salespersons, Registered Nurses and Customer Service Representatives.
Employers such as The University of Texas, Ascension Health, Amazon, IBM, Hospital Corporation of America, Dell, Baylor Scott & White Health, Anthem Blue Cross, HEB, Advanced Micro Devices, Inc., The Home Depot Incorporated and the Texas Department of Public Safety had the most New (first-time) Job Postings in October 2020.
More jobs ahead. Companies have recently announced new relocation or expansion plans in the Austin MSA, representing a total of about 410 jobs. Tomo Networks (Stamford, CT), Skimmer (Phoenix, AZ) and CKD Corporation (Schaumburg, IL) are the companies that have announced new location plans, creating 230 new jobs in Austin. The expansion list representing 180 new jobs includes Vertebrae, Supply Drop, Steadily, RVshare, Pharmacists Mutual Insurance Group, Infinitum Electric, HUVRdata, Hiller Measurements, East/West Manufacturing and Eagle Eye Networks.

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 Ad Trends under Available Job Postings in the Austin-Round Rock-San Marcos MSA from October 2015 through October 2020.

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

The chart below shows the Monthly Ad Trends under New Job Postings in the Austin-Round Rock-San Marcos MSA from October 2015 through October 2020.

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

Note: Any discrepancies to the total Available Job Postings and New 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 October 2020 would be the sum of all posted ads from September 14, 2020 to October 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 under Available Job Postings in the Austin–Round Rock–San Marcos MSA from September 14, 2020 to October 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 under Available Job Postings in the Austin–Round Rock–San Marcos MSA from September 14, 2020 to October 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 that posted the most Available Job Postings in the Austin-Round Rock-San Marcos MSA from September 14, 2020 to October 13, 2020.

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

Related Categories: Education and Talent