Austin Job Postings Report July 2019

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Austin - Round Rock - San Marcos MSA
(June 14, 2019 - July 13, 2019)
austinchamber.com/jobpostings

Not for citation or circulation without permission from the Austin Chamber of Commerce

Posted on 11/12/2019 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 24,400 net new jobs, or 2.3% in the 12 months ending in July, making Austin the 17th fastest growing major metro.
There were approximately 50,000 Available Job Postings during the July 2019 monthly reporting period. About 600 internships were posted in the region.
22 percent or about 8,800 of the Available Job Postings during the July reporting period fell under Computer and Mathematical Occupations followed by Management Occupations which represents about 16 percent or 6,600 of postings.
According to the Texas Workforce Commission, the Austin MSA reported an unemployment rate of 2.9% or 35,000 unemployed in July 2019, an increase of 1,800 unemployed people when compared to the previous month. The unemployment rate was 2.7% or 33,200 unemployed in June 2019. The current civilian labor force for the Austin MSA in July 2019 is 1,217,000.
40 percent or 18,300 of all Available Job Postings pay an annual median wage of between $30,000 to $65,000 in the Austin MSA for July 2019. Of the 18,300 posted jobs in this category, 20 percent or about 3,600 would require more than a high school diploma but less than a bachelor's degree while 60 percent or 11,000 would require a high school diploma or less. There are about 140 apprenticeship positions available for in this pay range and are mostly for Electricians, Plumbers-Pipefitters, and Steamfitters, and Carpenters. 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 slightly over 325 jobs. The expansion list includes Warm Audio, Vyopta, TrustRadius, ThreatWarrior, New Knowledge, Freedom Solar Power, Aeglea BioTherapeutics and Abbott Laboratories. Employers such as ThreatWarrior (Tampa, FL), Next First Insurance (Palo Alto, CA), Ground Labs (Singapore), Gecko Robotics (Pittsburgh, PA), CORE Group (San Francisco, CA) and ActivTrak (Dallas, TX) are the companies that have announced new location plans in Austin.

TRAVIS COUNTY: The Austin MSA is made up of Bastrop, Caldwell, Hays, Travis and Williamson counties. Travis County is the fifth most populous county in Texas and its county seat is Austin.

60 percent of the approximate 17,200 unemployment insurance (UI) claimants in FY 2018 that are actively seeking a job in Travis County have less than an associate degree, according to Workforce Solutions Capital Area. In June 2019, 80 percent or 923 UI claimants reported having less than an associate's degree, with the majority (55 percent or 604 UI claimants) reported having some college education but no degree/credential earned. 46 percent or 533 UI claimants are aged between 25-40 while 31 percent or 351 UI claimants are aged between 41-54. Click here for more information on hiring events.
The region's Master Community Workforce Plan's top-line target is to ensure that in the five years between 2017-2021, an additional 1,800-plus Austin residents currently in poverty receive training, credentialing, and are placed in jobs paying at least $40,000 in technology, healthcare and skilled trades.
According to the Travis County Poverty Brief, the American Community Survey 2013-2017 data shows that 30 percent or 343,997 of Travis County residents live in households with an income under 200% of the poverty threshold.

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 July 2015 through July 2019.

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

Note: The data for July 2019 would be the sum of all posted ads from June 14, 2019 to July 13, 2019. 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 June 14, 2019 to July 13, 2019.

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 June 14, 2019 to July 13, 2019.

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 June 14, 2019 to July 13, 2019.

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

Related Categories: Education and Talent, Job Postings Report