Austin Job Postings Report October 2022

To subscribe to this monthly report click here.

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

Not for citation or circulation without permission from the Austin Chamber of Commerce

Posted on 01/10/2023 by Erica Colston

Edited by Gilbert Zavala

Insights

  • Burning Glass 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. Available job postings historically did not change. The time series 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 80,800 Available Job Postings during the October 2022 monthly reporting period, a slight decrease from 83,000 postings compared to September 2022. There were 28,098 New (first-time) Job Postings, a decrease of 2,978 first-time postings compared to the previous month. New (first-time) Job Postings in October 2022 represented 35 percent of all Available Job Postings – a slight decrease compared to the prior month. The Dallas metro also saw a similar percentage decrease in new job postings, while the Houston metro decreased at a slower rate (~4% compared to ~9% in Dallas and Austin).
  • Approximately 14 percent or 11,571 of all Available Job Postings during the October 2022 reporting period fell under Management Occupations, while 10,841 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 5,600 postings indicating vaccination requirements, or mentions of vaccination requirements, a decrease of approximately 100 postings compared to the previous month of September 2022. Most of the vaccination mentions are posted by companies like KPMG, Accenture, Visa, CVS Health, and Paypal.
  • 6,449 postings offered "signing bonuses", a decrease of 523 postings when compared to the previous month.
  • Thirty-seven percent or 30,200 of Available Job Postings pay an annual median wage between $30,000 to $65,000. Of these, 59 percent, or 17,800 will require a high school diploma as the entry-level education, and 13 percent, or 3,900, will require at least a bachelor's degree.
  • There are about 900 internship positions posted, in-person or remote. The top three companies with the most postings are Advanced Micro Devices, Walgreens Boots Alliance Inc, and Emerson Electric Company.
  • According to the U.S. Bureau of Labor Statistics, the Austin MSA reported the lowest unemployment rate in the state again, at 2.8% in September 2022. The total number of unemployed in the Austin MSA is about 38,100. In September 2022, there were 42,600 more available job postings than the unemployed.
  • In October 2022, the Austin region saw a total of about 800 jobs announced through new relocations or expansion plans. DaBella Interiors (Portland, OR), Nomie Health (Orem, UT), Oliver James (Manchester, UK), and Valex (Ventura, CA)_ are the companies that have announced new location plans, creating over 735 new jobs in Austin. The expansion list representing over 65 jobs includes Jasper and SubjectWell.

The following job market report is designed to provide insight into current employer demands, skills, and occupations in the Austin MSA.

Top 15 Occupational Group Postings

The chart below lists the Top 15 Occupational Groups under Available Job Postings in the Austin-Round Rock-San Marcos MSA from September 14, 2022 to October 13, 2022, a mid-monthly time-frame closely associated with federal jobs numbers.

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

Top Posted Job Ads and Entry-Level Education

The table below lists the reported Top 3 Available Job Postings for each Typical Entry-Level Educational Requirements in the Austin-Round Rock-San Marcos MSA from September 14, 2022 to October 13, 2022.

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

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 September 14, 2022 to October 13, 2022.

Source: The Conference Board® Burning Glass® Help Wanted OnLine™ (HWOL) 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 October 2016 through October 2022.

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 are because some ads are not classified to an occupational code. The data for October 2022 would be the sum of all posted ads from September 14, 2022 to October 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 Job Postings and Annual Median Wages

The chart below lists the Top 25 Job Postings under Available Job Postings in the Austin–Round Rock–San Marcos MSA from September 14, 2022 to October 13, 2022.

Source: The Conference Board® Burning Glass® Help Wanted OnLine™ (HWOL) and Bureau of Labor Statistics

Top 10 Management Job Postings and Annual Median Wages

The chart below lists the Top 10 Management Occupations under Available Job Postings in the Austin–Round Rock–San Marcos MSA from September 14, 2022 to October 13, 2022.

Source: The Conference Board® Burning Glass® Help Wanted OnLine™ (HWOL) and Bureau of Labor Statistics

Top 10 Tech Job Postings and Annual Median Wages

The chart below lists the Top 10 Computer and Mathematical Occupations under Available Job Postings in the Austin–Round Rock–San Marcos MSA from September 14, 2022 to October 13, 2022.

Source: The Conference Board® Burning Glass® Help Wanted OnLine™ (HWOL) and Bureau of Labor Statistics

Top 10 Healthcare Job Postings and Annual Median Wages

The chart below lists the Top 10 Healthcare Practitioners and Technical Occupations under Available Job Postings in the Austin–Round Rock–San Marcos MSA from September 14, 2022 to October 13, 2022.

Source: The Conference Board® Burning Glass® Help Wanted OnLine™ (HWOL) and Bureau of Labor Statistics

Top 10 Healthcare Support Job Postings and Annual Median Wages

The chart below lists the Top 10 Healthcare Support Occupations under Available Job Postings in the Austin–Round Rock–San Marcos MSA from September 14, 2022 to October 13, 2022.

Source: The Conference Board® Burning Glass® Help Wanted OnLine™ (HWOL) and Bureau of Labor Statistics

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 September 14, 2022 to October 13, 2022.

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

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 September 14, 2022 to October 13, 2022.

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

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 September 14, 2022 to October 13, 2022.

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

Related Categories: Education and Talent