Austin Job Postings Report December 2022

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

Not for citation or circulation without permission from the Austin Chamber of Commerce

Posted on 01/24/2023 by Erica Colston

Edited by Gilbert Zavala

Insights

Lightcast/HWOL made improvements to more efficiently identify expired job postings and this resulted in fewer "available jobs" before stabilizing at a new level as of January 23, 2022. There were no changes made to available job postings historically, and the time series merely experienced a one-time downward shift due to a better methodology.

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 73,300 Available Job Postings during the December 2022 monthly reporting period, a decrease from 77,500 postings when compared to November 2022. There were 24,060 New (first-time) Job Postings, a decrease of 6,284 first-time postings when compared to the previous month. New (first-time) Job Postings in December 2022 represented 33 percent of all Available Job Postings – a 6 percent decrease compared to the prior month. New Job Postings in Austin, Dallas, and Houston metros decreased significantly compared to the prior month, though Austin’s decreased more (-20% compared to approximately -13% in Dallas and Houston).

Approximately 14 percent or 10,189 of all Available Job Postings during the December 2022 reporting period fell under Management Occupations while 9,722 Available Job Postings fell under Computer and Mathematical Occupations, showing continued strong demand for experienced or senior talent and tech talent in our region.

There are currently about 4,300 postings indicating vaccination requirements, or mentions of vaccination requirements, a decrease of approximately 600 postings compared to the previous month of November 2022. Most of the vaccination mentions are posted by companies like KPMG, Accenture, Visa, UnitedHealth Group, and Paypal.

5,862 postings offered "signing bonuses," a decrease of 263 postings when compared to the previous month.

Thirty-seven percent or 27,349 of Available Job Postings pay an annual median wage between $30,000 to $65,000. Of these, 52 percent or 14,219 will require a high school diploma as the entry-level education, and 14 percent or 3,869 will require at least a bachelor's degree.

There are about 1,000 internship positions posted, in-person or remote. The top three companies with the most postings are Advanced Micro Devices, Walgreens Boots Alliance Inc, and Tesla.

According to the Texas Workforce Commission, the Austin MSA also reported among the lowest unemployment rates in the state, at 2.7% in December 2022. The total number of unemployed in the Austin MSA is about 36,800. In December 2022, there were 36,500 more available job postings than unemployed.

In December 2022, the Austin region saw a total of about 945 jobs announced through new relocations or expansion plans. Cruise (San Francisco, CA), Dropit (London, UK), Knowmadics (Herndon, VA), Linde (Danbury, CT), Mr. Yum (Melbourne, Australia), and Whole Foods Market (Austin, TX) are the companies that have announced new location plans, creating over 465 new jobs in Austin. The expansion list representing over 480 jobs includes Advanced Micro Devices, Beamery, FloSports, Nutrabolt, Paradigm Manufacturing, St. Elmo Brewing Co., and Tesla.

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–San Marcos MSA from November 14, 2022 to December 13, 2022.

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-San Marcos MSA from December 2016 through December 2022.

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 December 2022 would be the sum of all posted ads from November 14, 2022 to December 13, 2022. 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–San Marcos MSA from November 14, 2022 to December 13, 2022.

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 Certifications in Greatest Demand

The table below lists the Top 25 Certifications in Greatest Demand under Available Job Postings in the Austin–Round Rock–San Marcos MSA from November 14, 2022 to December 13, 2022.

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-San Marcos MSA from November 14, 2022 to December 13, 2022.

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