Austin Job Postings Report February 2020

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

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Posted on 04/14/2020 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 36,700 net new jobs, or 3.3% in the 12 months ending in February 2020, making Austin the fastest growing major metro.
There were approximately 62,500 Available Job Postings during the February 2020 monthly reporting period, an increase of 1,500 postings compared to the previous month.
18 percent or about 11,500 of the Available Job Postings during the February reporting period fell under Computer and Mathematical Occupations followed by Management Occupations which represents about 13 percent or 8,000 of postings.
According to the Texas Workforce Commission, the Austin MSA reported an unemployment rate of 2.6% or 33,400 unemployed in February 2020, an decrease of 1,100 unemployed people when compared to the previous month. The unemployment rate was 2.8% or 34,500 unemployed in January 2020. The current civilian labor force for the Austin MSA in February 2020 was 1,263,700.
37 percent or 23,100 of all Available Job Postings pay an annual median wage of between $30,000 to $65,000 in the Austin MSA for February 2020. Of the 23,100 posted jobs in this category and pay range, 21 percent or about 4,740 would require more than a high school diploma but less than a bachelor's degree while 62 percent or 14,300 would require a high school diploma or less.
There are about 450 "Work from Home" Available Job Postings in February 2020. Most are in industries related to Insurance Carriers, Software Publishers, Business Support Services, Medical Equipment and Supplies Manufacturing, Scientific Research and Development Services and Management Scientific, and Technical Consulting Services.
More jobs ahead. Companies have recently announced new location or expansion plans in the Austin MSA, representing about 215 jobs. The expansion list includes Self Financial, SchoolLinks, RapidDeploy, EverlyWell, Eventus Systems, ETS-Lindgren (EMC Test Systems), Chrono.gg, Atlassian and Acadeum. Employers such as Simpatico Consulting (Detroit, MI) is the only company that has announced new location plan 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 February 2015 through February 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 February 2020 would be the sum of all posted ads from January 14, 2020 to February 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 January 14, 2020 to February 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 January 14, 2020 to February 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 January 14, 2020 to February 13, 2020.

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

Related Categories: Education and Talent, Job Postings Report