AUSTIN JOB POSTINGS REPORT AUGUST 2018

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AUSTIN - ROUND ROCK - SAN MARCOS MSA
(JULY 14, 2018 to AUGUST 13, 2018)
austinchamber.com/jobpostings

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INSIGHTS

• There were approximately 45,700 Available Job Postings during the August 2018 monthly reporting period, 4,300 more postings when compared to August 2017.
• 17,000 or 37% of all Available Job Postings pay an annual median wage of between $30,000 to $65,000 in the Austin MSA for August 2018. Of these 17,000 posted jobs, 4,200 or 25 percent would require more than a high school diploma but less than a bachelor's degree while 9,800 or 58 percent would require a high school diploma or less. The top 10 posted occupations or approximately 6,100 postings, in this annual median wage range of $30,000 to $65,000 category, all require an entry level education of less than an associate's degree. 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. Austin added 30,000 net new jobs in the 12 months ending in July, making Austin the 11th fastest growing major metro.
• 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's degree, according to Workforce Solutions Capital Area.
• 9,000 or 20 percent of the Available Job Postings during the August reporting period fell under Computer and Mathematical Occupations.
• Approximately 41 percent or about 18,700 of job postings are New Job Postings with Computer and Mathematical Occupations, Management Occupations and Business and Financial Operations Occupations leading in this category.
• According to the Travis County Poverty Brief, the American Community Survey 2012-2016 data shows that 32 percent or 355,874 of Travis County residents have an income under 200% of the poverty threshold.
• More jobs ahead. Opportunity Austin, the Austin Chamber’s five-year regional economic development program, made an aggressive bid to bring the Army Futures Command to Central Texas", landing a 500 job announcement in Austin for the Army's second headquarters in August 2018. Companies have recently announced new location or expansion plans in the Austin MSA, representing almost 680 jobs. The expansion list includes Social Solutions, Skout Deals, Pingboard, Paradigm Metals, New Knowledge, Infinite io, Buc-ee's and BitMED. Employers such as Sibu Sura Chocolates (Myersville, MD), Ladder (Boston, MA) and Disco (Houston, TX) are the companies that have announced new location plans in Austin.

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

TOP JOB POSTINGS

The chart and table below list the available unique ads in major occupation groups from July 14, 2018, to August 13, 2018, a mid-monthly timeframe closely associated with federal jobs numbers.

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

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

There were approximately 45,700 Available Job Postings during the August 2018 monthly reporting period, 4,300 more postings when compared to August 2017. 9,000 or 20 percent of the Available Job Postings during the August reporting period fell under Computer and Mathematical Occupations and had the largest year-to-year increases in postings.

The Sales and Related Occupations, Business and Financial Operations Occupations and Management Occupations also had significant increases in year-to-year postings.

The Major Occupational Groups that saw more than 400 year-to-year increases in Available Job Postings, when compared to August 2017, are Computer and Mathematical Occupations, Sales and Related Occupations, Business and Financial Operations Occupations, Management Occupations and Architecture and Engineering Occupations.

Approximately 41 percent or about 18,700 of job postings are New Job Postings with Computer and Mathematical Occupations, Management Occupations and Business and Financial Operations Occupations leading in this category.

According to the Texas Workforce Commission, the Austin MSA reported an unemployment rate of 3.1% or 36,600 unemployed in July 2018, with 1,500 less people unemployed when compared to the previous month. The unemployment rate was 3.3% or 38,100 back in July 2017. The current labor force for the Austin MSA is 1,186,300, an increase of 28,000 into our regions' labor force, when compared to the same time last year.

MONTHLY AD TRENDS

The line chart below shows the monthly total volume of online ads posted in the Austin - Round Rock - San Marcos MSA from August 2014 through August 2018.

Source: The Conference Board Help Wanted OnLine ® (HWOL), Texas Workforce Commission

Note: The data for August 2018 would be the sum of all posted ads from July 14, 2018, to August 13, 2018. 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.

The Austin MSA had approximately 8,300 more Available Job Postings than the number of unemployed for July 2018. There has been more Available Job Postings than the unemployed in the Austin MSA each month since May 2017.

TOP 20 JOB POSTINGS

The chart below lists the top 20 unique available job postings in the Austin – Round Rock – San Marcos MSA from July 14, 2018, to August 13, 2018.

Source: The Conference Board Help Wanted OnLine ® (HWOL) and Bureau of Labor Statistics, May 2017

Software Developers-Applications, Retail Salespersons, Marketing Managers, Management Analysts, Web Developers, Software Developers-Systems Software, Computer Systems Engineers/Architects and Software Quality Assurance Engineers and Testers saw a 130 or more increase in year-to-year postings.

TOP 20 JOB POSTINGS AND HIRING DIFFICULTY

The chart below lists the top 20 unique available job postings and its hiring difficulty in the Austin – Round Rock – San Marcos MSA from July 14, 2018, to August 13, 2018.

Source: Wanted Technologies and the Bureau of Labor Statistics

The Hiring Scale views the difficulty-to-fill indicator on market conditions. It calculates a score for each position that the employer is trying to fill. Several factors affect the hiring scale score that includes the supply of available candidates, the overall demand for employers for people in the position, the location, the occupation, local unemployment rates, job site source, offered pay level, etc. The Hiring Score scores jobs from 1 to 99 based on their projected difficulty-to-recruit.

Occupations that post a Hiring Difficulty of over 80 are technology-related jobs and/or require management experience such as Information Technology Project Managers, Computer Systems Engineers/Architects, Marketing Managers, Web Developers and Software Quality Assurance and Engineers.

TOP 20 TECH JOB POSTINGS

The chart below lists the top 20 unique available job postings under Computer and Mathematical Occupations in the Austin – Round Rock – San Marcos MSA from July 14, 2018 to August 13, 2018.

Source: The Conference Board Help Wanted OnLine ® (HWOL) and Bureau of Labor Statistics, May 2017

Computer and Mathematical Occupations saw about 1,450 year-to-year increase in Available Job Postings. Software Developers, Applications saw the greatest share of the year-to-year increase in Available Job Postings. Occupations that had a 130 or more increase in year-to-year postings were Software Developers-Applications, Web Developers, Software Developers-Systems Software, Computer Systems Engineers/Architects and Software Quality Assurance Engineers and Testers. Companies that have posted 40 or more jobs under this occupational category in our region are Visa, Advanced Micro Devices, IBM, Covance, DELL, Deloitte and Home Depot.

TOP 20 TECH JOB POSTINGS AND HIRING DIFFICULTY

The chart below lists the top 20 unique available job postings and its hiring difficulty under Computer and Mathematical Occupations in the Austin – Round Rock – San Marcos MSA from July 14, 2018 to August 13, 2018.

Source: Wanted Technologies and the Bureau of Labor Statistics

The Hiring Scale views the difficulty-to-fill indicator on market conditions. It calculates a score for each position that the employer is trying to fill. Several factors affect the hiring scale score that includes the supply of available candidates, the overall demand for employers for people in the position, the location, the occupation, local unemployment rates, job site source, offered pay level, etc. The Hiring Scale scores jobs from 1 to 99 based on their projected difficulty-to-recruit.

Compared nationwide, the Austin-Round Rock-San Marcos MSA now has a lower hiring difficulty for Computer and Mathematical Occupations. The Washington-Arlington-Alexandria MSA, Atlanta-Sandy Springs-Roswell MSA, Dallas-Fort Worth-Arlington MSA, Boston-Cambridge-Newton MSA, Chicago-Naperville-Elgin MSA, Philadelphia-Camden-Wilmington MSA and the Denver-Aurora-Lakewood MSA have a higher hiring difficulty in this occupational category when compared to the Austin-Round Rock-San Marcos MSA.

TOP 20 HEALTHCARE JOB POSTINGS

The chart below lists the top 20 unique available job postings under Healthcare Practitioners and Technical Occupations in the Austin – Round Rock – San Marcos MSA from July 14, 2018 to August 13, 2018.

Source: The Conference Board Help Wanted OnLine ® (HWOL) and Bureau of Labor Statistics, May 2017

Pharmacy Technicians, Psychiatric Technicians, Medical and Clinical Laboratory Technologists, Veterinarians and Medical Records and Health Information Technicians saw a year-to-year increase of 30 or more Available Job Postings.

Ascension Health, Seton Health, South Austin Medical Clinic PA, Community Health Systems, Inc., Baylor Scott & White Health, Universal Health Services, Adventist Healthcare, Banfield Pet Hospital, HCA-The Healthcare Company and had an increase of 30 or more year-to-year Available Job Postings.

TOP 20 HEALTHCARE JOB POSTINGS AND HIRING DIFFICULTY

The chart below lists the top 20 unique available job postings and its hiring difficulty under Healthcare Practitioners and Technical Occupations in the Austin – Round Rock – San Marcos MSA from July 14, 2018 to August 13, 2018.

Source: Wanted Technologies and the Bureau of Labor Statistics

The Hiring Scale views the difficulty-to-fill indicator on market conditions. It calculates a score for each position that the employer is trying to fill. Several factors affect the hiring scale score that include the supply of available candidates, the overall demand for employers for people in the position, the location, the occupation, local unemployment rates, job site source, offered pay level, etc. The Hiring Scale scores jobs from 1 to 99 based on their projected difficulty-to-recruit.

Compared to technology-related jobs, the top posted healthcare-related jobs in the region do not have a Hiring Difficulty of over 80. Only four occupations posted are over 70 on the Hiring Difficulty scale, Physician Assistants, Psychiatrists, Surgical Technologists and Registered Nurses.

TOP HARD SKILLS IN DEMAND

The table below lists the top hard skills in demand for the available jobs in the Austin – Round Rock – San Marcos MSA from July 14, 2018 to August 13, 2018.

Source: Wanted Technologies

Skills in Demand provides a real-time view of skills currently in demand by employers. For example, of the available jobs posted from July 14, 2018 to August 13, 2018, 3,225 job postings required “Microsoft PowerPoint” as a skill and 30% or more of those 3,225 job postings also had other required/optional skill(s) such as “Microsoft PowerPoint".

Hard skills that have seen an increase of 300 or more increase in year-to-year postings are Microsoft Office, Microsoft PowerPoint, Software Development, Behavioral Health, Quality Assurance (QA), Python, Amazon Web Services (AWS), Software as a Service (SaaS), JavaScript (JS), Cloud Computing, Docker, DevOps, Scrum Agile Methodology and Cyber Security.

TOP CERTIFICATIONS IN DEMAND

The table below lists the top certifications in demand for the available jobs in the Austin – Round Rock – San Marcos MSA from July 14, 2018 to August 13, 2018.

Certifications in Demand provides a real-time view of certifications currently in demand by employers. For example, of the available job postings from July 14, 2018 to August 13, 2018, 3,816 job postings required “Certified Registered Nurse (RNC)” as a certification and 30% or more of those 3,816 job postings also had other required/optional certification(s) such as “Basic Life Support (BLS)”.

Certifications that saw an increase of 120 or more postings are Basic Life Support (BLS), Driver's License, Patient Care Technician (PCT), Certification in Cardiopulmonary Resuscitation (CPR), First Aid Certification, Graduate Registered Nurse (GRN), Food Safety Programs (HACCP), Licenses Vocational Nurse (LVN), Certified Public Accountant CPA), English as Second Language (ESL), Occupational Safety & Health Administration (OSHA) and Certified Information Systems Security Professional (CISSP).

TOP EMPLOYERS

The table below lists the employers in the Austin - Round Rock - San Marcos MSA that posted available unique ads from July 14, 2018 to August 13, 2018.

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

Ascension Health, Seton Health, IBM, DELL, Advanced Micro Devices, Deloitte, General Electric, Visa and the Army are the companies that have seen an increase of more than 150 Available Job Postings year-to-year. For New Job Postings in August 2018, Ascension Health and Covance saw a year-to-year increase of 100 or more postings.

Source: The Conference Board Help Wanted OnLine ® (HWOL) Program (with data collection by Wanted Technologies) Top